China Pledges $17 Billion in U.S. Agricultural Purchases Through 2028

China has agreed to purchase at least $17 billion worth of U.S. agricultural products annually in 2026, 2027, and 2028, according to a White House fact sheet released on Sunday. The announcement followed high-level discussions between U.S. President Donald Trump and Chinese President Xi Jinping during recent bilateral meetings aimed at easing trade tensions and strengthening economic cooperation.

The new agricultural purchase commitment is expected to provide significant support for American farmers and the broader U.S. agriculture industry. Products likely to benefit from the agreement include soybeans, corn, wheat, pork, and other key exports that have historically played a major role in trade between the United States and China.

The White House described the agreement as part of ongoing efforts to stabilize economic relations between the world’s two largest economies. Officials said the commitment demonstrates China’s willingness to expand imports of American farm goods while improving long-term trade cooperation with the United States.

The announcement comes as global markets continue to closely monitor U.S.-China trade relations, which have experienced periods of tension over tariffs, technology restrictions, and supply chain concerns in recent years. Analysts believe the deal could help boost confidence among U.S. agricultural producers while supporting export growth over the next several years.

President Trump and President Xi reportedly discussed a range of economic and trade-related issues during their meetings, with agricultural trade emerging as a key focus. The agreement may also help reduce uncertainty for American farmers who depend heavily on international demand, particularly from China, one of the largest importers of agricultural commodities in the world.

The White House has not yet released detailed timelines or product-specific targets tied to the commitment, but further updates are expected as negotiations continue.