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The United States expects China to commit to purchasing “double-digit billions” worth of U.S. agricultural products following a high-level summit between President Donald Trump and Chinese President Xi Jinping in Beijing, according to U.S. Trade Representative Jamieson Greer.
Speaking in an interview with Bloomberg Television on Friday, Greer said Washington anticipates a major expansion in agricultural trade agreements over the next three years. He referenced the existing soybean agreement signed last October, which committed China to buying 25 million metric tons of soybeans annually.
Greer explained that the upcoming deal would go beyond soybeans and include a broader range of American agricultural exports. “That’s aggregate. That’s not just soybeans, that’s everything else,” he said, highlighting the U.S. government’s expectation of stronger agricultural trade ties with China.
Soybeans remain the largest U.S. agricultural export to China, which is the world’s biggest soybean importer. The commodity has long been central to trade negotiations between the two countries during both the first and second Trump administrations. Increased soybean exports are viewed as a key component in reducing trade tensions and supporting American farmers.
Before the Trump-Xi summit, market analysts did not expect Beijing to increase its soybean purchase target beyond the previously agreed 25 million tons. Expectations were further tempered after U.S. Treasury Secretary Scott Bessent stated on Thursday that the current agreement had already addressed the soybean issue.
However, Greer’s latest comments suggest that a broader agricultural trade package may soon emerge, potentially benefiting multiple sectors of the U.S. farming industry. Investors and agricultural markets are closely watching the negotiations, as any large-scale purchase commitments from China could significantly impact global commodity prices and strengthen U.S.-China trade relations in 2026.
