U.S. seaborne shipment data for July shows that stockpiling ahead of September’s tariffs on Chinese exports may have started. Hapag-Lloyd’s results show it has been resilient against the effects of the U.S.-China trade war so far. Also: we address the questions asked on yesterday’s trade war webinar; China wins the losing fight in July; Samsung’s big phone pricing may need to dial in tariff contribution; U.S. has little to lose from reduced China oil sales; Pakistan wields trade policy stick in Kashmir argument with India; Japan relaxes, but doesn’t normalize, export restrictions to Sout...