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China pledges $17B in U.S. farm purchases as trade talks resume | Deepscope News
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 May 18, 2026 03:02 AM  seekingalpha.com Positive

China pledges $17B in U.S. farm purchases as trade talks resume

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China agreed to buy at least $17 billion of U.S. agricultural products over the next three years, according to a White House fact sheet released Sunday following meetings between President Donald Trump and Chinese President Xi Jinping last week.

The commitment covers purchases in 2026 through 2028 and comes on top of soybean-buying agreements China made in late 2025, the White House said.

The announcement marks a potential thaw in agricultural trade relations after a sharp downturn caused by escalating tariffs between the world’s two largest economies. U.S. agricultural exports to China fell nearly 66% in 2025 to $8.4 billion, according to U.S. Department of Agriculture data, as retaliatory tariffs disrupted longstanding supply chains.

China also agreed to work with U.S. regulators to restore access for some American beef and poultry exports, including poultry shipments from states deemed free of avian influenza restrictions.

In addition, Washington and Beijing plan to establish new U.S.-China trade and investment boards aimed at resolving disputes over market access and supporting trade expansion under a framework tied to reciprocal tariff reductions.

For investors, the agreement could provide a lift to U.S. agricultural producers, grain traders, meat exporters and transportation companies that have struggled with years of trade volatility and shrinking Chinese demand.

The deal also signals a broader effort by both governments to stabilize economic relations after tariff battles disrupted global supply chains and weighed on commodity markets. Companies tied to soybeans, beef, poultry, fertilizer and farm equipment may benefit if purchases materialize at the levels outlined by the White House.

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