What deals did Trump make on China trip?

President Trump touted new business deals with Beijing as he departed a high-stakes summit with Chinese President Xi Jinping on Friday.

“I think a lot of good has come from [this visit]. We’ve made some fantastic trade deals, good for both countries,” he told a reporter during a Friday meeting with Xi.  

While the president and his administration promoted the bargains they struck during these meetings, few details were immediately available. 

Trump called the two-day visit an “amazing period of time” in comments to reporters on Air Force One on Friday, and he shared that China had agreed to a large order from U.S.-based Boeing and GE Aerospace.

The president said the agreement included 400-450 GE jet engines and 200 Boeing jets, with a “promise” to purchase up to 750 planes “if they do a good job.”

Neither Boeing nor China has officially confirmed the news, but this would be a major deal for the U.S. airplane manufacturer. 

Additionally, Trump said he and Xi reached an agreement on an agricultural deal during their talks. 

“The farmers are going to be very happy,” he said, adding that China is “going to be buying billions of dollars of soybeans.”

U.S. Trade Representative Jamieson Greer told Bloomberg on Thursday that he expected China to commit $10 billion to purchasing U.S. agricultural products. 

Trump and Xi were expected to discuss the establishment of a new “Board of Investments” and “Board of Trade” to open up economic communications between the two countries. Greer said the latter board would oversee a reduction of tariffs on around $30 billion in goods. 

The president traveled with a group of business leaders to Beijing, including the CEO of AI chipmaker Nvidia, Jensen Huang. Nvidia is awaiting Chinese approval to sell its high-powered H200 chip in the country, following approval from the Trump administration. 

The president said Friday that China has opted to “develop their own” chips. The U.S. and China are widely considered the leading countries on this technology. 

Treasury Secretary Scott Bessent told CNBC on Thursday the two countries would agree to a new protocol “to make sure nonstate actors don’t get a hold of these models.”

“We’re leading a lot, but they’re second, and they’re very strong,” Trump said Friday, adding that he and Xi discussed “possibly working together for guardrails.”

When asked about what this specifically entailed, the president did not provide any further information, replying that it involved “the standard guardrails that we talk about all the time.”