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During a summit in Beijing, China agreed to purchase 200 jets from Boeing.
President Donald Trump stated that China made a promise for a potential future order of 750 planes from Boeing.
China's economy is currently struggling, overly dependent on exports, and has faced deflation for the last two to three years.
According to a White House readout, Chinese President Xi Jinping agreed that Iran should not possess a nuclear weapon and that the Strait of Hormuz should not be under Iranian control.
China is the largest buyer of Iranian oil, purchasing approximately 90% of Iran's total oil exports.
President Xi Jinping stressed to President Trump that the Taiwan issue is the most important and sensitive topic in China-US relations.
President Xi Jinping's recent statements on Taiwan are notable for explicitly linking the issue to the potential for military conflict, a rhetorical escalation not often used by him directly.
The U.S. Supreme Court has ruled that President Trump's "Liberation Day tariffs" were unconstitutional.
U.S. Trade Representative Jameson Grier expects an agreement for China to purchase tens of billions of dollars worth of American agricultural goods.
China agreed to purchase American oil and soybeans as part of trade discussions with the U.S.
President Donald Trump invited Chinese President Xi Jinping for a reciprocal visit to the White House scheduled for September 24th.
China's official readout of the summit stated that President Xi Jinping used tough language with President Donald Trump regarding Taiwan.