China commits to $17B in US agricultural purchases from 2026 to 2028
China has committed to purchasing at least $17 billion worth of US agricultural products annually from 2026 to 2028. This agreement, reached between President Trump and President Xi Jinping, builds on an existing soybean deal. The new deal expands the range of commodities to include pork, dairy, beef, and sorghum.
- ▪China's commitment is part of a multi-year deal negotiated between the two countries' leaders.
- ▪The $17 billion annual purchase is in addition to a pre-existing agreement for 25 million metric tons of US soybeans each year.
- ▪The new agreement covers a broader range of agricultural products than previous deals.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18023115/how-do-american-farmers-produce-billions-of-tons-of-food-ame-1-800x420.jpeg" alt="China commits to $17B in US agricultural purchases from 2026 to 2028" class="w-full aspect-[19/10] object-cover" /> China commits to $17B in US agricultural purchases from 2026 to 2028 The multi-year deal, negotiated between Trump and Xi, locks in billions in annual farm exports and adds to an existing soybean agreement already on the books. Share Add us on Google by Editorial Team May. 18, 2026 China has formally agreed to buy at least $17 billion worth of US agricultural products every year from 2026 through 2028.
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