• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Friday, July 10, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • FIFA World Cup
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

US says China to boost farm imports after Trump–Xi summit

Published on: May 18, 2026 12:30 PM

The United States (US) has announced that China will purchase at least $17bn worth of American agricultural products annually following talks between President Donald Trump and Chinese President Xi Jinping in Beijing, according to a White House fact sheet.

Read More: China visit tests Trump diplomacy strategy

The agreement, released on Sunday, states that the purchases will continue through 2028, with the 2026 target adjusted on a proportional basis for the remainder of the year. The announcement comes after a high-profile summit between the two leaders aimed at easing trade tensions and improving economic cooperation.

In addition to the annual agricultural commitment, China will also fulfil earlier pledges to buy at least 87 million metric tonnes of US soybeans, a commitment first made during a previous Trump–Xi meeting in South Korea in October.

The White House further said that China will reopen its market to US beef by renewing export approvals for more than 400 American processing facilities. It will also resume poultry imports from US states certified as free of avian influenza, expanding access for American farmers.

Both sides also agreed to establish two new bilateral mechanisms — the US-China Board of Trade and the US-China Board of Investment — to manage future economic relations and resolve trade-related issues.

However, China has not yet publicly confirmed the agreement or responded to Washington’s announcement, raising questions about the finalisation of the deal. The Chinese embassy in Washington did not immediately comment.

The summit between Trump and Xi focused heavily on economic cooperation and trade, while avoiding sensitive geopolitical issues such as Taiwan and the ongoing US-Israel conflict involving Iran.

Read More: Trump’s Beijing Bargain: What Xi Gave Him, and What China Kept

Analysts have noted that similar announcements in past negotiations have sometimes differed in interpretation between the two countries, urging caution until official confirmation from Beijing is received.

Despite uncertainty, the proposed deal signals a potential easing of agricultural trade tensions and could provide some relief to US farmers affected by years of tariff disputes and fluctuating Chinese demand.

Filed Under: Top Stories, World Tagged With: Agricultural Exports, China imports, global trade, Latest, soybean deal, Trump-Xi summit, US-China trade

Submit a Comment




Primary Sidebar




Latest News

Actor Ahsan Khan mourning on his father death

Final cockpit communication released after K-2 cargo plane crash

Modi visits New Zealand amid debate over free trade agreement

Australia confirms first H5 bird flu case in native seabird

Pakistan Banking Summit 2026

Pakistan Banking Summit 2026 Concludes with a Unified Vision for Pakistan’s Financial Future

Pakistan

Final cockpit communication released after K-2 cargo plane crash

Pakistan Banking Summit 2026

Pakistan Banking Summit 2026 Concludes with a Unified Vision for Pakistan’s Financial Future

Health minister links HIV spread to risky behaviour at late-night parties

Eastern neighbour responsible for Balochistan terror attacks, says PM

Bodies of 21 abducted policemen moved to Quetta from Ziarat

More Posts from this Category

Business

Overseas workers send $41.6bn in FY26 as SBP ends incentive schemes

PSX sheds another 369 points

Pakistan seeks to leverage London as a global financial hub

Rupee makes minimal gain against dollar

Gold prices up by Rs 3,600 per tola

More Posts from this Category

World

Modi visits New Zealand amid debate over free trade agreement

Australia confirms first H5 bird flu case in native seabird

Syria arrests suspects linked to Damascus bombings

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}