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Trump Strikes Major Trade Deals With China | $17B Farm Purchase & Boeing Orders Announced
Posted
May 18, 2026
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2:29Now PlayingPresident Trump has reached a series of major agreements with China, according to a White House fact sheet released Sunday, aimed at strengthening economic and strategic ties between the two nations.
The deals include a proposed joint Board of Trade and Investment, expanded cooperation on non-sensitive goods, and renewed efforts to boost bilateral investment opportunities.
China has also committed to purchasing at least $17 billion in U.S. agricultural products annually from 2026 to 2028, along with 200 Boeing aircraft, while both sides reaffirmed opposition to Iran developing nuclear weapons.
The agreements also include steps to reopen key agricultural markets and ease trade restrictions, signaling a potential shift in U.S.–China economic relations.
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