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Markets

China pledges coal imports as tariff plan advances

Published 26 September 2026

The White House said China has committed to importing at least 10 million metric tons of U.S. coal in each of 2027 and 2028, while the United States and China will recommend preferential tariff treatment for $30 billion in nonsensitive goods. The announcements followed a meeting between President Donald Trump and Chinese President Xi Jinping, but the coal purchases have not yet occurred and the tariff plan is not described as implemented. The White House said the proposed tariff treatment would cover goods from both countries under the U.S.-China Board of Trade. Potentially eligible U.S. exports include agricultural products, seafood, timber, cosmetics and medical devices. Chinese goods named in the reports include small appliances, toys, holiday decorations and children’s car seats. The arrangement is framed as a recommendation for preferential treatment, rather than a completed tariff reduction. The White House also said the countries would continue discussions over U.S. concerns about shortages of rare earths and other critical minerals. The announcement did not describe a resolution or provide details on changes to supplies.

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