U.S. Coal Cargo Reaches China, Beating Import Tariff Deadline

 

The vessel named Partnership is on schedule, while Beijing plans to impose steep tariffs next month on a list of U.S. products, including thermal coal and coking coal due to mounting trade friction between the world's two leading economies

 

At least three U.S. coal shipments, including Partnership, are on their way to China, but traders are worried they may end up casualties of the escalating trade dispute

 

The other two vessels, Navios Taurus and West Trader, are expected to arrive at Jingtang port on July 18 and Aug. 10 respectively, according to Eikon data.