Washington, May 18 -- The United States has secured a deal under which China has committed to purchasing at least USD 17 billion worth of US agricultural products annually over the next three years, in addition to earlier soybean commitments made in October 2025.
Beyond trade, the agreement also establishes two new bilateral mechanisms, the US-China Board of Trade and the US-China Board of Investment, aimed at strengthening economic coordination following the landmark visit by President Trump to China. The two sides further signaled alignment on key geopolitical issues, including Iran, North Korea, and the Strait of Hormuz.
The agreement, presented as part of a broader effort to stabilize bilateral ties, also includes China's approval of ...