White House announces historic US-China trade agreements during Trump visit
The White House has announced a significant trade agreement between the United States and China, marking a potential thaw in their economic relations. Key components include China's commitment to eliminate export controls on rare earths and a pledge to purchase substantial amounts of US soybeans. This deal could have wide-ranging implications for various industries, particularly those reliant on critical minerals and agriculture.
- ▪China will drop export controls on rare earths for US buyers.
- ▪The agreement includes a commitment for China to purchase at least 12 million metric tons of US soybeans in late 2025.
- ▪China will maintain annual soybean purchases of 25 million metric tons from 2026 to 2028.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/17220410/president-trump-announces-new-china-trade-deal-1-800x420.jpeg" alt="White House announces historic US-China trade agreements during Trump visit" class="w-full aspect-[19/10] object-cover" /> White House announces historic US-China trade agreements during Trump visit China commits to dropping rare earth export controls and ramping up US soybean purchases in a sweeping deal that could ripple through hardware-dependent industries, including crypto mining. Share Add us on Google by Editorial Team May.
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