China to buy $17B worth of US farm products annually

China has committed to purchasing at least $17 billion worth of agricultural products from the United States annually over three years.

Report informs that this was stated in a statement published by the White House.

In addition to soybean purchase commitments, China will purchase at least $17 billion worth of US agricultural products each year in 2026, 2027 and 2028, the statement said.

It was also noted that China has restored access to the American beef market and will import poultry from the US.