Thursday, April 13, 2017

China buys more U.S. coal, sends North Korea packing

Via Billy
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China is banning shipments of coal from North Korea because of last week's missile test and has made up the shortfall by importing more coal from the United States.

The news comes just days after President Trump met with Chinese President Xi Jinping at his Mar-a-Lago resort in Florida, where the administration said North Korea's missile tests would be a top priority in the talks.

Reuters first reported Tuesday that China's customs department ordered all companies that receive imports from North Korea to immediately return all coal cargoes, according to three trading sources who saw the order. The order was sent by the Chinese government on April 7, soon after Trump and Xi concluded their discussions.

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