US will solidify its presence in South China Sea, says Stratfor

Originally posted by Catgut ↑

Did Stratfor forget to take this into account:
This is from a paper version of the Adelaide Advertiser newspaper today 14-09-18, business section page 55.

US-China Trade Spat is Hurting Companies.

The majority of American companies in China say they are hurting from the escalating US-China trade spat, reporting increased costs, lower profits and stepped up scrutiny, a survey showed yesterday.

The American Chamber of Commerce in China survey polled more than 430 US companies operating in the country and provides the first detailed look at how President Donald Trump's trade fight has harmed business.

His first round of tariffs this summer hit $50 billion in Chinese goods like high end technology parts and manufactured goods, while Beijing fired back dollar-for-dollar at US soybeans, autos and other farm goods.

But US firms are feeling whiplash from both sides as they sell and make goods in China, with Washington's border tax increase and Beijing's counter-punch hurting more than 60% of businesses, according to the poll. It also showed looming tariffs on $200 billion of Chinese goods is expected to expand the pain to three quarters of firms.

Chamber president Alan Beebe said the poll would provide officials in Washington and Beijing with facts on how the tariffs are playing out.

Businesses received potentially good news on Wednesday as US Treasury Secretary Steven Mnuchin, pictured, proposed a fresh round of trade talks between the economic superpowers to avert a full-blown trade war.

The talks could stave off the growing costs for American firms, though the two sides have failed to reach an agreement over several rounds of negotiations in spring and summer.

Roughly a third of firms are shifting supply chains out of China, or the US, and an equal proportion are delaying or cancelling investment decisions, the survey showed.

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Yep, tariffs, tariffs, and more tariffs.

The US is now considering imposing tariffs on Russia's Sukhoi Aircraft company........... on the grounds that........ (wait for it)..... they may have been used in carrying out chemical attacks on innocent civilians.

http://tass.com/economy/1021510

Hey, arent they getting a bit ahead of themselves here? The supposed chemical attacks havent officially occurred yet. They are still editing the film and the White Helmets are building the first-aid room where they will be filmed treating victims.

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