President Trump’s State Visit to China Delivers Historic Deals and Greater Market Access for American Farmers, Ranchers, Workers, and Businesses

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May 18, 2026

WASHINGTON — Following the U.S.-China Summit in Beijing, Ambassador Greer hit the airwaves to discuss how President Trump is optimizing our economic relationship with China, securing historic deals and delivering greater market access for American farmers, ranchers, workers, and businesses.

Here are the highlights:

ENHANCING ECONOMIC TIES WITH CHINA: 

  • Ambassador Greer on This Week: "Under the Biden administration, there were no channels of communication that were effective. There was not a lot of concrete progress. That's a dangerous situation to have between the two largest countries on Earth in terms of economic and military power. And so that's a big win for the President to be able to go over there, have a lot of candid conversations with President Xi, and come to agreement on some of the biggest issues of the day." (Watch)
  • Ambassador Greer on Bloomberg: "We're trying to manage the trade around the kinds of things we want to be selling to China, whether it's Boeings or soybeans or other ag or energy or medical devices." (Watch)

CHARTERING U.S.-CHINA BOARD OF TRADE: 

  • Ambassador Greer on Face the Nation: "We have never had a board of trade or a board of investment before. In addition to this, we saw China over the past couple of days reduce a host of non-tariff barriers on agricultural products such as beef and poultry. And so we've seen them already starting to do things to facilitate imports from the United States." (Watch)
  • Ambassador Greer on Bloomberg: "What we intend to do on the US side is put out a call for public comment first and foremost and saying, we're trying to manage this trade with China. We want to focus on non-sensitive goods. We think we should be selling them things we think we should be buying from them, trying to facilitate trade in that area. And then from there we'll be able to interact with our Chinese colleagues and negotiate with them over where we think we have the strongest mutually beneficial trade with our countries." (Watch)

SECURING BILLIONS IN PURCHASE COMMITMENTS: 

  • Ambassador Greer on This Week: "We had a number of meat exporting facilities in the U.S. that had been deregistered by the Chinese. The Chinese have already moved to re-register them, which means that they can export to China… The Chinese have also agreed to review a bunch of our biotechnology traits where we have certain goods that go to China that have to be approved scientifically, and we have the 200 Boeings that they've agreed to do. This is all on top of the 25 million metric tons of soybeans agreed to last October." (Watch)
  • Ambassador Greer on Bloomberg: "We expect to also see an agreement for a double digit billion purchases of ag over the next three years per year coming out of this visit." (Watch)
  • Ambassador Greer on Face the Nation: "There's obviously a future to have more Boeings. The reality is this is the first major purchase by China in almost 10 years of Boeings (or orders rather)." (Watch)

LOWERING OUR TRADE DEFICIT WITH CHINA:

  • Ambassador Greer on Bloomberg: "I'm looking at outcomes and one year in our trade deficit with China has dropped by 33%. That's incredible. It went down by $130 billion last year. That's what we want to see. That means we're diversifying from China; we're making more stuff here. We're seeing manufacturing indicators and manufacturing labor indicators increase in the United States." (Watch)
  • Ambassador Greer on Face the Nation: "The president's focused on affordability in as many ways that he can. He's bringing jobs back to America… We're seeing prices go down for staples like dairy, cheese, flour." (Watch)

For more information, read the White House Fact Sheet here.

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