Trump and Xi Agree on Trade Boards and Agricultural Purchases

President Trump completed a two-day state visit to China last week with agreements on agricultural purchases and new trade mechanisms, according to a White House statement released Sunday. U.S. agricultural products through 2028 and to ordering 200 planes from Boeing. U.S. beef and resume poultry imports from states free of bird flu.

The two countries established a board of trade and a board of investment to discuss tariffs and investment issues. U.S. concerns over export controls on rare earths and other critical minerals. There was no immediate confirmation from Beijing on the full details.

U.S. readout did not mention Taiwan, while the Chinese readout did not mention Iran. Xi warned that Taiwan could lead to conflict if not handled properly. Trump said after the visit that both China and Taiwan needed to cool down and that he viewed a proposed $14 billion arms package for Taiwan as a potential bargaining chip.

Both leaders expressed opposition to Iran shutting down the Strait of Hormuz or acquiring nuclear weapons.

Trump announced that Xi will visit the United States on Sept. 24. The White House described the relationship as a constructive one of strategic stability. Zichen Wang, a research fellow at the Center for China and Globalization, said the agreements contained some substance but were not as large as some had expected.

" — Zichen Wang, research fellow at the Center for China and Globalization, May 18, 2026 (NBC News) Wang also said he was not very optimistic about prospects for Chinese investment in the United States, citing the national security debate around a proposed Nongfu Spring factory in New Hampshire.