China pledges to purchase $17 billion worth of U.S. agricultural products annually through 2028.

White House: China to Purchase $17 Billion Worth of U.S. Agricultural Products Annually Until 2028

Following U.S. President Donald Trump's visit to Beijing, the White House announced that China has agreed to purchase agricultural products worth $17 billion annually from the United States until 2028.

The White House stated: "China will purchase agricultural products valued at no less than $17 billion annually."

It is reported that the procurement will begin in 2027 and 2028, with the amount recalculated proportionally in 2026.

The White House emphasized that this will be an additional transaction beyond the obligation to purchase U.S. soybeans starting from October 2025.

Original source: toutiao.com/article/1865475287217152/

Disclaimer: The views expressed in this article are solely those of the author.