Us China War
US assures banks on transactions with China firm hit by Iran sanctions
The administration slapped sanctions on September 25 on Dalian units of Chinese shipping company COSCO, a move that pushed global freight costs to record highs
 "US assures banks on transactions with China firm hit by Iran sanctions")
China is out of economic ammo
China's most obvious method of retaliation would be to stop buying American goods
 "China is out of economic ammo")
Bearing the brunt of trade war, US travel industry woos Chinese tourists
As the conflict has dragged on for 15 months with no meaningful breakthrough, the travel industry is trying to minimise the damage
IMF says US-China trade war will have 'real spillover effects' for EMs
The fight could set up a "domino effect" for smaller economies, according to a second IMF official
 "IMF says US-China trade war will have 'real spillover effects' for EMs")
China to exempt 16 types of US goods from tariffs with effect from Sept 17
The exemptions will apply to US goods including some anti-cancer drugs and lubricants, as well as animal feed such as whey and fish meal
 "China to exempt 16 types of US goods from tariffs with effect from Sept 17")
G7 summit: Emmanuel Macron, Donald Tusk sound alarm over trade war risks
"Trade wars will lead to recession, while trade deals will boost the economy," Tusk said as leaders of the G7 countries descended on the French resort town of Biarritz for a three-day summit
 "G7 summit: Emmanuel Macron, Donald Tusk sound alarm over trade war risks")
China's missiles can destroy US' Pacific bases in hours: Sydney think tank
The PLA missile threat challenges America's ability to freely operate its forces from forward locations in the Western Pacific, the University of Sydney's United States Studies Centre said
 "China's missiles can destroy US' Pacific bases in hours: Sydney think tank")
Gem, jewellery exports fall 11.24% on US, China trade war and poor demand
The sector's gross exports declined by 9.32 per cent to $12.15 billion between April and July compared to $13.39 billion during the same period last year, according to data
 "Gem, jewellery exports fall 11.24% on US, China trade war and poor demand")
US-China war very likely in 15 years, says former US general Ben Hodges
Despite shifting geopolitical priorities, Hodges said the US commitment to NATO remains 'unshakable'
 "US-China war very likely in 15 years, says former US general Ben Hodges")
