• China commits to purchasing $17 billion of U.S. agricultural products annually through 2028.
• This agreement follows discussions between Presidents Trump and Xi Jinping.
• China's agricultural imports from the U.S. have significantly declined due to tariffs.
• The U.S. will establish boards for trade and investment management with China.
• China will restore market access for U.S. beef and resume poultry imports from designated states.

China has committed to purchasing at least $17 billion of U.S. agricultural products annually through the years 2026, 2027, and 2028, according to a fact sheet released by the White House. This commitment was made during a summit between U.S. President Donald Trump and Chinese President Xi Jinping last week, and notably does not include soybean purchase commitments made in October 2025, which are part of a separate agreement, according to Reuters, South China Morning Post, and Channel News Asia.

The agreement comes amid a backdrop of reduced U.S. agricultural exports to China, which fell by 65.7 percent, amounting to just $8.4 billion in trade for 2025. This decline is attributed to previous rounds of mutually imposed tariffs that have adversely affected trade relations between the two countries, according to Reuters, South China Morning Post, and Al Jazeera.

As part of this new arrangement, China has also agreed to restore market access for U.S. beef by renewing the expired listings of over 400 production facilities and will resume poultry imports from U.S. states that have been declared free of avian influenza. The establishment of new bodies, specifically the U.S.-China Board of Trade and the U.S.-China Board of Investment, is also intended to facilitate better management of trade and investment, according to Channel News Asia, South China Morning Post, and Al Jazeera.