The China US economic and trade consultations have reached a consensus to include US coal import tariffs in the framework of reciprocal tariff reduction, deepen energy cooperation, stabilize bilateral trade, and benefit the global industrial chain.

Recently, the China US economic and trade teams reached a positive consensus in New York and Washington that China's coal import tariffs from the United States will be included in the 30 billion to 30 billion equivalent tariff reduction framework, which will be beneficial for importing coal from the United States annually in 2027 and 2028. The head of the US Department of Commerce's US Department of Commerce stated that importing US coal is not only a beneficial supplement to the domestic coal market, but also will bring stable income and employment to the US coal industry. In 2024, China imported 12.13 million tons of coal from the United States, including 10.67 million tons of coking coal, accounting for 88%. Keywords: China US coal trade, equivalent tax reduction

Industry analysis shows that the gradual increase in imported US coal may bring certain pressure to coal prices in the long run, and the actual impact depends on the scale of imports and procurement pace. Imported coal, as an important supplement to the supply system, plays an irreplaceable role in filling the gap of coking coal and stabilizing coastal supply and demand fluctuations.Editor/Min Jing