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CHINA has committed to purchasing at least $17 billion of US agricultural products in 2026, 2027 and 2028, the White House said in a fact sheet released yesterday.
The commitment was made during meetings between US President Donald Trump and Chinese President Xi Jinping last week, the White House said.
The $17bn figure does not include the soybean purchase commitments China made in October 2025, the White House said.
There has been a marked reduction in US agricultural exports to China after last year’s rounds of tit-for-tat tariffs sharply curtailed trade, which fell 65.7 per cent year-on-year to $8.4bn in 2025, according to US Department of Agriculture data.
China has dramatically scaled back its reliance on US farm goods since Trump’s first term, sourcing roughly 20pc of its soybeans from the US in 2024, the year before he returned to office, down from 41pc in 2016.
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