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U.S. President Donald Trump said China has agreed to significantly increase purchases of American oil and energy products following high-level discussions with Chinese President Xi Jinping in Beijing. Speaking during a pre-recorded interview on Fox News’ Hannity program aired Thursday night, Trump claimed the agreement could strengthen U.S.-China trade relations while expanding American energy exports.
According to Trump, China plans to begin importing more oil from states such as Texas, Louisiana, and Alaska. He stated that Chinese ships would soon begin arriving in these regions to transport U.S. crude oil and energy supplies. Trump emphasized China’s growing demand for energy, describing the country’s appetite for oil as “insatiable.”
The comments came shortly after Trump’s meeting with Xi during his three-day visit to China. While China currently imports only limited amounts of U.S. oil, it remains one of the largest buyers of Iranian crude. U.S. government estimates show China imported roughly 1.4 million barrels per day of Iranian oil in 2025.
Concerns over potential shipping disruptions in the Strait of Hormuz due to the ongoing U.S.-Israel conflict with Iran have raised uncertainty in global energy markets. Despite these tensions, reports indicated that some Chinese oil tankers have continued moving through the key trade route.
Oil prices have surged since the conflict escalated, though Trump said the increases were smaller than expected. He also revealed that Xi expressed support for ending the Iran conflict and opposed Tehran obtaining nuclear weapons. Trump added that Xi agreed China would not provide weapons to Iran.
In addition to energy agreements, Trump claimed China had committed to purchasing 200 Boeing aircraft and discussed opening the Chinese market further to global payment companies like Visa. Chinese officials later confirmed that both leaders reached “new consensus” during the talks, although specific details were not disclosed.
Trump and Xi are expected to continue discussions, with Taiwan reportedly remaining a major focus in negotiations between the two global powers.
