USD 17 billion farm deal, 200 Boeing jets, rare earth relief: What Trump got from Xi in Beijing

The White House on Sunday said China has agreed to purchase at least USD 17 billion worth of American agricultural products annually over the next three years, marking one of the biggest outcomes of US President Donald Trump’s visit to China and signalling a fresh attempt by Washington and Beijing to stabilise strained ties.

The announcement came after meetings between Trump and Chinese President Xi Jinping, where both leaders also agreed to deepen trade and investment cooperation, reopen channels of economic engagement and coordinate on key geopolitical flashpoints including Iran, North Korea, and the Strait of Hormuz.

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In a statement released after the talks, the White House described the visit as the first by a US President to China since 2017 and said the two sides had agreed to build a “constructive relationship of strategic stability” rooted in “fairness and reciprocity”.

Under the agreement, China will buy at least USD 17 billion worth of US agricultural goods every year in 2026, 2027, and 2028, apart from soybean purchase commitments already made in October 2025.

The White House said Beijing had also restored market access for American beef by renewing expired approvals for more than 400 US beef facilities and adding new listings. China also agreed to work with US regulators to remove remaining suspensions on American beef plants.

In another move expected to benefit US exporters, China resumed poultry imports from American states declared free of highly pathogenic avian influenza by the US Department of Agriculture.

China agrees to Boeing aircraft purchase after years

The White House also announced that China had approved an initial purchase of 200 Boeing aircraft for Chinese airlines, calling it Beijing’s first commitment to buy American-made Boeing planes since 2017.

According to the statement, the deal is expected to support manufacturing jobs in the United States while strengthening long-term aviation ties between the two countries.

“China approved an initial purchase of 200 American-made Boeing aircraft for Chinese airlines,” the release said.

The two countries also agreed to establish two new bilateral mechanisms, namely the US-China Board of Trade and the US-China Board of Investment.

The proposed Board of Trade will help both governments manage trade involving non-sensitive goods, while the investment board will serve as a government-level platform for discussions related to investment concerns and economic cooperation.

Rare earths, Iran and North Korea discussed during Trump-Xi talks

The White House said China had agreed to address American concerns over supply chain shortages linked to rare earths and critical minerals, including neodymium, yttrium, scandium, and indium.

Beijing will also discuss restrictions tied to rare earth processing equipment and related technologies, according to the statement.

On the geopolitical front, Trump and Xi agreed that Iran “cannot have a nuclear weapon” and called for the reopening of the Strait of Hormuz. The statement also said both leaders agreed that no country or organisation should be allowed to impose tolls in the region.

The two leaders additionally reaffirmed their commitment to the denuclearisation of North Korea.

The White House said Trump will host Xi in Washington later this year, while both countries will support each other as hosts of the G20 and APEC summits scheduled later in 2026. The details were shared in an official White House release.