China will buy billions of American agricultural products. The White House announced the amount
China has committed to purchasing American agricultural products worth at least $17 billion. in 2026, 2027 and 2028, the White House said in a statement released Sunday.
The pledge was made during US President Donald Trump's meetings with Chinese President Xi Jinping last week, the White House said.
The White House reported that the amount was $17 billion. does not include soybean purchase commitments made by China in October 2025.
According to data from the United States Department of Agriculture, there was a marked decline in agricultural exports from the United States to China after retaliatory tariffs were introduced last year – trade fell by 65.7%. year on year to USD 8.4 billion. in 2025
China has drastically reduced its dependence on American agricultural products, sourcing about 20 percent. soybeans from the United States in 2024 compared to 41 percent in 2016
China will work with U.S. regulators to lift restrictions on U.S. beef plants and resume poultry imports from U.S. states declared free of bird flu, the White House said.
China and the US will establish the US-China Trade Council and the US-China Investment Council. These councils will resolve issues related to market access for agricultural products and expand trade “within the framework of mutual tariff reductions.”
Source: Reuters
