{
    "success": true,
    "data": {
        "id": 2006368,
        "msgid": "china-looks-to-deepen-coal-ties-with-us-1790585523",
        "date": "2026-09-28 15:09:16",
        "title": "China Looks to Deepen Coal Ties with US",
        "author": "",
        "source": "TEMPO_EN",
        "tags": "",
        "topic": "Trade",
        "summary": "China's Ministry of Commerce has reached an agreement with the United States to increase coal imports under a framework of reciprocal tariff reductions. This initiative, based on a '$30 billion for $30 billion' principle, aims to stabilise bilateral trade and lower tariffs on approximately 90 per cent of related goods.",
        "content": "<p>TEMPO.CO, Jakarta - China\u2019s Ministry of Commerce is aiming to deepen\ncoal cooperation with the United States, including by increasing US coal\nsupplies in the coming years.<\/p>\n<p>Following consultations on trade and economic issues, China and the\nUS agreed to include US coal imports in the framework of reciprocal\ntariff reductions, the ministry said, as reported by RIA Novosti on\nMonday, as quoted from Antara.<\/p>\n<p>\u201cEconomic and trade delegations from China and the US reached a\nconsensus that Chinese tariffs on coal imports from the US will be\nincluded in the framework of mutual tariff reductions based on a \u2018$30\nbillion for $30 billion\u2019 principle,\u201d according to a statement from the\nChinese Ministry of Commerce.<\/p>\n<p>The ministry emphasized that the agreement will facilitate China\u2019s\ncoal imports from the US in 2027 and 2028.<\/p>\n<p>\u201cWe hope that through joint efforts, cooperation between China and\nthe US in the coal sector will continue to deepen, ensuring mutual\nbenefit and results that serve the interests of both parties,\u201d the\nministry added.<\/p>\n<p>The ministry also noted that US coal imports will be a beneficial\ncomplement to China\u2019s domestic coal market, while providing stable\neconomic revenue and jobs for the US coal industry.<\/p>\n<p>This will also contribute to the stabilization and expansion of\nbilateral trade.<\/p>\n<p>Previously, in trade and economic consultations, China and the US\nagreed to reduce tariffs on each other\u2019s imports, totaling US$30\nbillion.<\/p>\n<p>At the same time, tariffs on approximately 90 percent of related\ngoods from each side will be lowered to most-favored-nation (MFN)\nlevels.<\/p>\n<p>Chinese President Xi Jinping paid a state visit to the United States\nat the invitation of US President Donald Trump from September 23-25.<\/p>\n<p>Read: China, US Agree to Set Up Channel for AI Safety Incidents<\/p>\n<p>Click here to get the latest news updates from Tempo on Google\nNews<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/china-looks-to-deepen-coal-ties-with-us-1790585523",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}