# China has committed to purchasing at least USD 17 billion worth of US agricultural products annually over the next three years.

*business · news · 2026-05-18 · Daily Excelsior*

## Key points

- China committed to purchase at least $17 billion in U.S. agricultural products annually for three years.
- China approved an initial order for 200 Boeing aircraft, its first such commitment since 2017.
- The U.S. and China established new Boards of Trade and Investment for ongoing economic coordination.
- China agreed to ease restrictions on rare earth production technology and address U.S. supply concerns.
- China will restore market access for over 400 U.S. beef facilities and resume certain poultry imports.

**Companies:** Boeing
**Countries:** United States, China

[Read the full story on Daily Excelsior](https://www.dailyexcelsior.com/trump-secures-17-bn-annual-farm-pledge-boeing-deal-and-rare-earth-commitments-in-landmark-china-summit/)

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