President Donald Trump and President Xi Jinping agreed to establish new trade and investment boards and announced major economic commitments during the first US presidential visit to China since 2017, reported a US White House communique.

The two leaders stated that the United States and China would pursue a constructive relationship based on fairness and reciprocity. They confirmed plans for reciprocal visits, pledged cooperation at the G20 and APEC summits, and agreed that Iran must not acquire nuclear weapons. They also called for reopening the Strait of Hormuz without tolls and reaffirmed the goal of denuclearizing North Korea.

As the cornerstone of the agreement, the US-China Board of Trade will manage bilateral trade in non-sensitive goods, while the US-China Board of Investment will provide a forum for investment issues.

China committed to addressing US concerns over rare earth supply chains and restrictions on production equipment. It approved the purchase of 200 Boeing aircraft, its first such order since 2017, which is expected to support high-skilled US manufacturing jobs.

Beijing also pledged to buy at least US$17 billion annually in US farm products from 2026 to 2028, alongside existing soybean commitments. It restored access for US beef by renewing more than 400 facility listings and resumed poultry imports from states cleared of avian influenza.