China, Trump
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U.S. agricultural exports to China reached a record $40.9 billion in 2022 before falling sharply as trade tensions and shifting sourcing patterns disrupted flows.
The president left Beijing following a summit with China, during which the two countries sought to stabilize their economic and political relations.
President Donald Trump's trade war with Beijing has sent U.S.-China trade into a freefall and forced companies on both sides of the Pacific to regroup.
US-China trade issues remain unresolved after Trump's visit, with minor agreements and a truce extension on tariffs and rare earths discussed.
China agreed to buy at least $17 billion of U.S. agricultural products over the next three years, according to a White House fact sheet released Sunday following meetings between President Donald Trump and Chinese President Xi Jinping last week.
As President Trump prepares to meet with Xi Jinping, a trade war that once threatened to freeze commerce between the two countries has given way to an uneasy truce.
Also: All the news and watercooler chat from Fortune.
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