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CHINA Refuses To Accept North Korean Coal Shipments – Opts To Take US Coal Instead.

CHINA Refuses To Accept North Korean Coal Shipments – Opts To Take US Coal Instead.

InvestmentWatch

investmentwatchblog.com / BY IWB · APRIL 11, 2017

by Pamela Williams

When President Trump said he made a deal with China, it seems he did. It is a good deal for US coal miners! President Trump said he wanted to help the coal miners get back to work, and he has made just a deal that will do that. North Korean coal shipments have been turned away at Chinese ports, and some are sitting abandoned.

China has placed massive orders for the steel-making commodity from U.S. producers.  This is amazingly good news for the United States.  It seems President Trump’s time with China’s President was well spent, and Trump is delivering his promise to bring back jobs to the US.

China is North Korea’s bread and butter, largest source of trade, and aid.  This rejection of North Korean coal is meant to deprive Pyongyang of important source of foreign currency.

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