The White House says China has agreed to purchase at least $17 billion worth of US agricultural products each year through 2028, following meetings between US President Donald Trump and Chinese President Xi Jinping in Beijing last week. Multiple outlets report that the commitment is detailed in a White House fact sheet released after the summit and that it is described as additional to earlier agricultural purchase arrangements.
According to the reporting, the deal is framed as a concrete deliverable from the Trump-Xi meetings, aimed at expanding market access for US farm goods. One outlet also notes that the commitment is separate from soybean purchase commitments made in October 2025, which the White House described as part of the broader trading context. Markets coverage indicates the announcement affects expectations for US agricultural demand, with grains futures reportedly rising after the statement.
Other reported summit-related items include plans for continued high-level engagement, including a later meeting in Washington between Trump and Xi. Overall, sources agree on the main figure ($17 billion annually) and the timeframe (through 2028), attributing the announcement to the White House following the Beijing summit.
