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During a summit in Beijing, China agreed to purchase American oil, 200 Boeing jets, and soybeans.
President Donald Trump stated that China made a promise for a future order of 750 planes from Boeing, which would be the company's largest order ever.
The closure of the Strait of Hormuz due to the war in Iran has caused high gasoline prices in the United States, negatively impacting the global economy.
According to a White House readout, Chinese President Xi Jinping agreed that Iran should not possess a nuclear weapon.
A White House readout stated that Chinese President Xi Jinping does not believe the Strait of Hormuz should be subject to Iran's control.
China is the largest buyer of Iranian oil, purchasing approximately 90% of Iran's total oil exports.
In a statement released by Beijing, President Xi Jinping described the Taiwan issue as 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 potential military conflict, representing an escalation in rhetoric.
The U.S. Supreme Court has ruled that President Trump's "Liberation Day tariffs" were unconstitutional.
President Donald Trump invited Chinese President Xi Jinping for a reciprocal visit to the White House scheduled for September 24th.
The United States' military support for Taiwan remains a primary point of friction in its relationship with China.
China's official readout of the summit with the U.S. indicated that President Xi Jinping used "pretty tough language" with President Donald Trump regarding Taiwan.