China to buy $17B U.S. farm goods annually.
Deal includes beef and poultry market access.
New boards to manage U.S.-China trade.
Atlas AI
China will buy at least $17 billion worth of U.S. agricultural goods a year through 2028, the White House said on May 18, 2026, after U.S. President Donald Trump met Chinese leader Xi Jinping in Beijing.
The White House said the 2026 target will apply to the remainder of the year on a proportionate basis. China has not confirmed or commented on the announcement, according to the source material.
The commitment was described as an addition to China’s existing pledge to buy at least 87 million metric tonnes of U.S. soybeans, made after a Trump-Xi summit in South Korea in October.
Beef and poultry access to be restored
In the same fact sheet, the White House said China will restore market access for U.S. beef by renewing expired listings for more than 400 production facilities.
China will also resume poultry imports from states that the U.S. Department of Agriculture has determined are free of avian influenza, the White House said.
New trade and investment bodies announced
Trump and Xi agreed to establish two bodies to manage trade and investment between the two countries: the U.S.-China Board of Trade and the U.S.-China Board of Investment, according to the White House.
The announcement comes after years of frictions that have weighed on the commercial relationship. Bilateral trade in goods totaled about $415 billion last year, down from more than $690 billion in 2022, according to the figures cited in the source.
Details on how the purchase targets and new boards will be implemented were not provided in the material supplied.
Investors and companies will be watching for any confirmation from Beijing and for follow-up steps on commodity purchases and the resumption of meat shipments.
