China confirms tariff-reduction framework for US coal imports

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China and the United States have agreed to include Chinese imports of US coal in a reciprocal tariff-reduction framework for 2027 and 2028. The broader arrangement is described as covering about $30 billion of imports in each direction.

The US and China have agreed to include Chinese imports of US coal in the reciprocal tariff-reduction framework, a move expected to facilitate imports in 2027 and 2028, China’s Ministry of Commerce said. The coal arrangement forms part of the broader “30-for-30” framework, covering approximately $30 billion of imports in each direction. The framework is ...