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China agrees to $17 billion in ag purchases

by | May 18, 2026 | 5 Ag Stories, News

China has agreed to purchase at least $17 billion in U.S. agricultural products annually through 2028. That’s according to a White House fact sheet released Sunday following President Donald Trump’s visit to Beijing. The agreement came after meetings between Trump and Chinese President Xi Jinping and represents one of the few concrete outcomes from the summit Trump previously described as a “monumental event.” The White House said the new commitments are in addition to an earlier agreement requiring China to purchase 25 million metric tons of U.S. soybeans annually through 2028. That soybean deal was reached during a broader trade truce negotiated at the leaders’ October 2025 summit in South Korea. The administration also announced China renewed expired registrations for more than 400 U.S. beef facilities and added new approved plants, expanding market access for American producers. In addition, China has resumed poultry imports from U.S. states deemed free of avian influenza by the USDA.