At least four cargoes of U.S. coal worth $30 million are headed to China as Beijing prepares to hit imports with hefty 25-percent tariffs, threatening a niche supply of the fuel even as China’s appetite for foreign coal shows no sign of abating. The vessels, carrying a combined 335,000 tonnes of coal, are the only confirmed cargoes in transit from the United States to China, and are scheduled to land in time to avoid the new duties. On Wednesday night, the Ministry of Commerce published its final list of U.S. items worth $16 billion in imports that will incur an additional 25-percent tariff, including coal. The penalties will come into effect on Aug. 23 after Washington plans to start collecting duties on Chinese products of the same value. Coal was also in the draft list issued in June. For a related graphic, click China’s coal […]