U.S. says China to buy $17 billion of agricultural goods annually
China has committed to purchasing at least $17 billion of agricultural products from the U.S. annually until 2028. The agreement was announced following a summit between President Trump and Chinese leaders, where both sides discussed reducing tariffs on certain goods. While specifics on the negotiations remain unclear, the meeting marked a significant moment in U.S.-China relations.
- ▪China will buy at least $17 billion of agricultural goods from the U.S. each year until 2028.
- ▪The agreement was made during President Trump's two-day summit in China.
- ▪Both countries are negotiating details and discussing potential tariff reductions.
Opening excerpt (first ~120 words) tap to expand
China has agreed to purchase at least $17 billion of agriculture products from the US annually through 2028, the White House said in a fact sheet detailing President Donald Trump’s two-day summit in China. Recommended Video A day earlier, the Chinese Ministry of Commerce released its own readout of the meeting, which said the US and China will adopt a series of measures, including mutually cutting levies on certain products. China did not provide specifics, adding that teams from both countries were still negotiating details, and the White House release was silent on tariffs.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.