The White House announced on Sunday (17) that China has committed to purchasing $17 billion worth of agricultural products from the United States in 2026, 2027, and 2028. According to Washington, this amount does not include additional commitments to purchase soybeans made by Beijing in October 2025. The agreement was consolidated during meetings between President Donald Trump and Chinese leader Xi Jinping held last week in Beijing. The White House stated that China will work with US regulators to lift restrictions imposed on US meatpacking plants and resume imports of poultry meat from states considered free of avian flu. The US government also confirmed the creation of a US-China Trade Council and a US-China Investment Council, a mechanism that seeks to expand economic cooperation between the world's two largest economies. The two countries also stated that they will discuss issues related to market access for agricultural products and establish a framework for reciprocal tariff reductions.
This text was translated by machine from Brazilian Portuguese.