CASPER, Wyo. (AP) — Coal industry experts say China’s potential tariffs on U.S. coal are not likely to have a direct impact on Wyoming’s hopes to tap Asian markets.
Jason Begger, of the Wyoming Infrastructure Authority, tells the Casper Star-Tribune that Wyoming represents a stable source of fuel for counties such as Japan, South Korea and Taiwan even if tariffs increase market prices.
Rob Godby, of the University of Wyoming’s Center for Energy Economics and Public Policy, says the Chinese tariffs probably don’t make a difference because the U.S. isn’t among the major suppliers of coal to other countries.
The potential Chinese tariffs on coal and other U.S. products are retaliation for the Trump administration’s announcement last week to impose 25 percent tariffs on some $50 billion of Chinese goods.