Xi plans business delegation for September 24 Washington summit amid modest trade expectations

  • Xi Jinping is preparing a business delegation for his September 24 Washington summit.
  • China pledged at least $17 billion annually in U.S. agricultural purchases through 2028.
  • About 10 product categories remain under discussion for the U.S.-China Board of Trade.

Chinese President Xi Jinping is preparing a large business delegation for his September 24 summit in Washington, according to sources familiar with the discussions, in a signal of support for investment and commercial ties as Chinese companies face U.S. tariffs, blacklists and tighter scrutiny. Reuters could not determine which executives would attend. Expectations for major breakthroughs remain modest: sources said the Board of Investment is unlikely to produce significant deliverables, while Washington and Beijing remain divided over roughly 10 categories of goods that could qualify as non-sensitive under the Board of Trade. U.S. Trade Representative Jamieson Greer said the countries were expected to announce measures on agriculture and agriculture-related non-tariff barriers. The agenda also includes more rare-earth export licenses for U.S. companies, progress on existing trade commitments and possible tariff relief sought by China. The discussions build on the May framework between President Donald Trump and Xi, including a Board of Trade for non-sensitive goods, China's commitment to buy at least $17 billion of U.S. agricultural products annually through 2028, soybean commitments made in October 2025, restored U.S. beef access and resumed poultry imports from eligible U.S. states.

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