Exactly -we can all just speculate but with due respect the chances of a showdown in the South China Sea is a bit more important in the scheme of things than a rise in US interest rates. The appointment of Peter Navarro and other Trump administration anti China people sends strong signals that we are headed for tit for tat which will also embrace trades issues which cannot be good for base metals and stable international relationships.
Notwithstanding that is just my opinion - if Trump can pull off some sort of accommodation with China then well and good and as the famous saying of Lord Keynes goes "When the facts change I change my mind -what do you do Sir" or something to that effect !
Best of luck in MOD -
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