Quick overview

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Beijing confirmed the purchase following the summit between Chinese President Xi Jinping and U.S. President Donald Trump, which also produced commitments on agriculture and critical minerals aimed at stabilizing bilateral relations.

China announced on Wednesday that it will buy 200 aircraft from Boeing and said it will request an extension of the current trade truce with the United States, which is set to expire in November. The announcement comes as part of a broader set of agreements reached after the recent Trump–Xi summit.

China’s Ministry of Commerce confirmed the deal in an official statement, though it did not disclose the specific aircraft models involved. As part of the agreement, the United States will guarantee the supply of aircraft engine parts and components to Chinese buyers.

If completed, the order would mark the first major Chinese purchase from Boeing in nearly a decade, after the U.S. manufacturer was effectively sidelined from the world’s second-largest aviation market amid escalating trade tensions between Washington and Beijing.

However, the reported figure is significantly lower than comments made by Trump earlier this week, when he suggested that total purchases could reach as many as 750 aircraft powered by next-generation engines from GE Aerospace.

Tariff Truce Under Negotiation

China’s commerce ministry emphasized that U.S. tariffs on Chinese goods should not exceed the ceiling established under last year’s Kuala Lumpur understanding, which preceded the Trump–Xi meeting in South Korea that extended the truce by one year and included a temporary pause on China’s restrictions on rare earth exports and magnets.

On tariffs, both sides are reportedly aiming for reciprocal reductions worth $30 billion or more, according to the Xi administration.

However, Washington’s tone remains cautious. U.S. Treasury Secretary Scott Bessent told Reuters that the Trump administration is “not in a hurry” to renew the critical minerals agreement, signaling further rounds of negotiations ahead.

Agriculture and Market Access

The White House said on Sunday that China has committed to purchasing at least $17 billion in U.S. agricultural products between 2026 and 2028, excluding a separate soybean agreement. Beijing has not confirmed the figure, but acknowledged “positive outcomes” in the agricultural sector and reciprocal market access arrangements.

Concretely, China will resume registration of eligible U.S. beef exporters and restart imports of certain American poultry products. In return, the United States has pledged to remove or reduce non-tariff barriers affecting Chinese agricultural exports, including dairy products.