U.S. and China Agree to New Trade and Investment Boards After Trump-Xi Meeting

U.S. and Chinese officials announced plans to establish a board of trade and a board of investment to manage economic relations after President Trump concluded a three-day visit to Beijing. U.S. agricultural products through 2028. It also reported that China would make an initial purchase of 200 American-made Boeing aircraft.

China’s Ministry of Commerce confirmed arrangements for expanded two-way trade in agricultural goods and for China to procure American planes, without specifying the dollar amounts or quantities.

U.S. government data. Combined with an existing commitment to buy 25 million metric tons of soybeans, the total value would reach roughly $27 billion per year. The new purchases build on soybean commitments made during an October 2025 summit in South Korea.

The new board of trade is intended to serve as a forum for discussing tariffs, import controls, and other trade barriers. U.S. Trade Representative Jamieson Greer said the board would focus on non-sensitive goods such as agricultural products, energy, aircraft, and medical devices.

China’s Ministry of Commerce said the two sides agreed in principle to mutually reduce tariffs on certain products. The White House summary did not mention tariff reductions. U.S. concerns over supply shortages of rare earths and other critical minerals.