A centerpiece of Trump’s campaign was reaching out to coal miners, a strategy that helped Trump win nearly all the major coal-producing states with the exception of Illinois. Of course, any politician must make good on promises made to voters or risk being defeated in the next election. The 2020 presidential election is a long way off, but Trump needs to get coal miners back to work. Whether he can is another story.
“The lumpy nature of U.S. coal exports illustrates the challenge President Donald Trump faces in delivering one of his core campaign promises: reviving an ailing coal industry and putting miners back to work. As cheap natural gas and policies that favor renewable energy erode coal’s share of U.S. electricity generation, the White House has looked overseas for growth opportunities,” according to CNBC.
KOL holds 27 stocks and has nearly $88 million in assets under management. China and the U.S. combine for about 45% of the ETF’s weight while Australia and Canada combine for another 27.7%.
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