New Delhi, May 18 -- China has reportedly agreed to purchase a minimum of $17 billion worth of US agricultural products each year through 2028, the White House announced on Sunday, following high-level talks between President Donald Trump and Chinese President Xi Jinping. The pledge, if fulfilled, would represent a dramatic reversal from 2025, when US farm exports to China collapsed by 65.7 per cent year on year to just $8.4 billion amid an escalating cycle of retaliatory tariffs.

The $17 billion annual floor covers the three-year period spanning 2026, 2027 and 2028, according to a White House fact sheet. Notably, the figure does not account for soybean purchase commitments that China made separately in October 2025, suggesting the total...