BOOM: China Begins Buying U.S. Coal

President Trump and China have entered a financial agreement in which American coal workers will benefit while putting financial pressure on North Korea.

Here’s more from FoxNews.com:

China has sent a flotilla of North Korean freighters loaded with coking coal back to their home ports, according to an exclusive Reuters report. Meanwhile, China has placed massive orders for the steel-making commodity from U.S. producers.


The move reflects China’s public commitment on Feb. 26 to join other nations in punishing North Korea for its continued nuclear weapons and ballistic missile development program. China said in February it was suspending North Korean imports for the rest of this year.

China is North Korea’s largest source of trade and aid and targeting coal imports are meant to deprive Pyongyang of an important source of foreign currency.

China is North Korea’s largest source of trade and aid and targeting coal imports are meant to deprive Pyongyang of an important source of foreign currency.

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