The White House announced that China will commit to purchasing at least USD 17 billion worth of agricultural products from the United States each year for three years, following a recent visit by US President Donald Trump to China. This agreement is set to impact purchases made in 2026, 2027, and 2028, alongside China’s prior commitments regarding soybean purchases made in October 2025.

Additionally, China has re-established market access for American beef, having renewed the listings of over 400 US beef facilities that had expired, as well as added new facilities. Moreover, there is a mutual understanding between the two countries for China to cooperate with US regulators to resume operations at all suspended American beef facilities.

The imports of poultry from designated US states that have been declared free from highly pathogenic avian influenza will also recommence, further expanding agricultural trade between the two nations.

Strengthening Bilateral Relations

Both leaders, Trump and Xi Jinping, have reached an agreement on creating a “constructive relationship of strategic stability” grounded in fairness and reciprocity. The White House issued a statement confirming plans for President Trump to host President Xi in Washington later this year, coinciding with both countries’ roles as hosts for the G20 and APEC summits planned for 2026.

During this visit, the two presidents discussed multiple issues that aim to enhance global stability and bolster confidence among businesses and consumers internationally. This marked the first visit by a US president to the People’s Republic of China since 2017.

The leaders have also agreed on the importance of preventing Iran from acquiring nuclear weapons and the necessity of reopening the Strait of Hormuz, stating that no country or organisation should impose tolls in this critical region. Furthermore, there was a reassertion of mutual commitment towards the denuclearisation of North Korea.

New Institutions for Economic Engagement

The agreement includes the establishment of two new entities designed to fortify economic relations between the United States and China—the US-China Board of Trade and the US-China Board of Investment. The Board of Trade will enable both governments to oversee bilateral trade involving non-sensitive goods, while the Board of Investment will facilitate discussions on investment matters at the government level.

These institutions aim to optimise the economic partnership between the two nations and address various matters concerning trade dynamics. The White House release highlighted that these efforts mark a significant step in refining the bilateral economic framework.

In another notable commitment, China has agreed to a preliminary purchase of 200 American-made Boeing aircraft, a significant development as it represents the first such commitment since 2017. The US administration anticipates that this acquisition will contribute positively to American manufacturing jobs and enhance aviation links between the two countries.

Overall, the comprehensive package of agreements reached includes commitments by China to tackle US concerns regarding supply chain issues related to rare earth elements and critical minerals, ensuring smoother trade flows and stability in key industries. These commitments reflect a renewed effort to address longstanding trade challenges and reinforce cooperation moving forward.

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