China to buy at least $17 billion in US agricultural products annually, White House says
Key takeaways
- Add ARY News on Google AAResize 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 on Sunday.
- The $17 billion figure does not include the soybean purchase commitments China made in October 2025, the White House said.
- China has dramatically scaled back its reliance on US farm goods since Trump’s first term, sourcing roughly 20% of its soybeans from the US in 2024, the year before he returned to office, down from 41% in 2016.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize 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 on Sunday. The commitment was made during meetings between President Donald Trump and Chinese President Xi Jinping last week, the White House said.
The $17 billion 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% year-on-year to $8.4 billion in 2025, according to US Department of Agriculture data.