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StockWaves > Global Markets > China to purchase U.S. oil to feed its ‘insatiable urge for food,’ Trump tells Fox Information
Global Markets

China to purchase U.S. oil to feed its ‘insatiable urge for food,’ Trump tells Fox Information

StockWaves By StockWaves Last updated: May 15, 2026 2 Min Read
China to purchase U.S. oil to feed its ‘insatiable urge for food,’ Trump tells Fox Information
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US President Donald Trump (R) shakes palms with China’s President Xi Jinping on the Nice Corridor of the Folks in Beijing on Could 14, 2026.

Kenny Holston | Afp | Getty Photographs

U.S. President Donald Trump stated China has agreed to purchase American oil, in a pre-recorded interview with Fox Information that aired Thursday night stateside, as the 2 nations push for concrete commerce and enterprise wins at their ongoing bilateral summit.

“They’ve agreed they wish to purchase oil from the USA, they are going to go to Texas, we will begin sending Chinese language ships to Texas and to Louisiana and to Alaska,” Trump stated within the interview that was carried out after his assembly with Chinese language President Xi Jinping in Beijing on Thursday.

Trump and Xi are scheduled to fulfill Friday to shut out a two-day summit that has featured pageantry in addition to dealmaking together with market entry for U.S. companies and purchases of American items. Beijing additionally made a pointed warning that mishandling the Taiwan subject might push bilateral ties right into a tailspin.

Trump’s go to marks the primary time a sitting U.S. president has traveled to China in almost 9 years. The 2 leaders are anticipated to share tea and a working lunch earlier than the U.S. officers depart for Washington.

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