Trump Announces China Plans to Resume US Farm Product Purchases, Rare Earth Exports, and Fentanyl Cooperation

President Donald Trump announced a breakthrough meeting with Chinese President Xi Jinping, resulting in China agreeing to resume purchases of U.S. soybeans, sorghum, other farm products, and American energy, including a potential large-scale oil and gas deal from Alaska. Trump highlighted that this meeting would benefit U.S. farmers and energy sectors and described it as historic, strengthening ties between the two nations. China also agreed to assist the U.S. in combating the fentanyl crisis and to resume exports of rare earth minerals, which are critical for various industries. The agreements come amid efforts to ease trade tensions, with both sides discussing tariffs and rare earth export controls. Trump emphasized the mutual respect between the countries and expressed optimism about the economic benefits these deals would bring to millions of Americans. The meeting follows Trump's broader Asia trip, where he secured trade deals with other nations to reduce tariffs on U.S. goods and acquire critical minerals.