China Commits to Purchasing $17 Billion in U.S. Agricultural Products Each Year
The United States has announced that China is expected to buy a minimum of $17 billion in agricultural products from the US annually between 2026 and 2028.
According to a White House fact sheet released on Sunday, China has pledged to buy a minimum of $17 billion in US agricultural products each year from 2026 to 2028.
The commitment came after discussions held last week between US President Donald Trump and Chinese President Xi Jinping.
The White House stated that the $17 billion amount does not include the separate soybean purchase commitments made by China in October 2025.
U.S. agricultural exports to China experienced a significant decline following several rounds of retaliatory tariffs last year, which curtailed trade flows. Data from the US Department of Agriculture indicates that exports decreased by 65.7% year over year, totaling $8.4 billion in 2025.
Since Trump’s first term, China has diminished its reliance on American agricultural imports. In 2024, China obtained approximately 20% of its soybeans from the US, a decrease from 41% in 2016.
The White House announced that China will collaborate with US regulators to lift suspensions on American beef facilities and to restart poultry imports from US states recognized as free of avian influenza.
The two nations will also create a US-China Board of Trade and a US-China Board of Investment, reaffirming previous statements from Beijing.
Chinese Foreign Minister Wang Yi stated that the boards would tackle market access issues for agricultural products and enhance trade “within a reciprocal tariff-reduction framework.”
