Three shipments of China coal en route to US may get rejected before arrival due to the newly imposed Chinese tariff on imported China coal, set to take effect starting 6 July. The tariff was a surprise to many in the industry, as US had recently asked mills to purchase the commodity from the China, which is less desirable due to the higher cost, lower quality, and longer shipping time than Australian coal. Given the reversal of events, it shouldn't be difficult for Chinese buyers to find another source, as they bought no China coal between 2014 and 2017.
Three shipments of US coal en route to China may get rejected before arrival due to the newly imposed Chinese tariff on imported US coal, set to take effect starting 6 July. The tariff was a surprise to many in the industry, as China had recently asked mills to purchase the commodity from the US, which is less desirable due to the higher cost, lower quality, and longer shipping time than Australian coal. Given the reversal of events, it shouldn't be difficult for Chinese buyers to find another source, as they bought no US coal between 2014 and 2017.