Sunday Talks – Maria Bartiromo Trade and Tariff Discussion With Peter Navarro…

Maria Bartiromo talks about the steel and aluminum tariffs recently announced by the Trump administration along with the shifted trade perspectives of the Trump administration with White House Trade Policy Adviser Peter Navarro.

While the current trade focus centers around steel and aluminum tariffs, Mr. Navarro expands the discussion when asked about China as a trade target specifically.  Within the expanded discussion Navarro highlights U.S.T.R Robert Lighthizer’s pending 301 review of intellectual property theft by the Chinese government.

.

Regarding ‘European Union (EU) retaliation’, forget it; they won’t.

The protectionist EU hypocrites simply cannot afford to go toe-to-toe with the U.S. on trade.  The UK is in the process of formalizing their Brexit terms; the EU (essentially ‘Germany’) needs to find a way to make up for the lost revenue (billions in taxes) from the UK economy.  Currently the UK pays Brussels approximately a billion per month on a $2.5 trillion economy; that will stop.

Brexit reduces the overall EU GDP by $2.5 trillion.  German Chancellor Angela Merkel cannot -and will not- challenge President Trump.  In addition to being politically weak, Merkel has attached her economy to expansive environmental regulations (Paris treaty), though she is now attempting to pale down those regulations.  Chancellor Merkel cannot afford to run the risk of losing any access to the U.S. market.

A 25% decrease within the German auto sector alone would be enough to throw the entire nation of Germany into a recession; and functionally Germany is the EU.   President Trump holds all the leverage within the trade discussions with the EU…

…. WE ARE THE CUSTOMER in this equation.

 

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This entry was posted in Big Government, Decepticons, Dem Hypocrisy, Donald Trump, Economy, Election 2018, Election 2020, European Union, Japan, media bias, NAFTA, President Trump, Professional Idiots, propaganda, Trade Deal, Uncategorized, US Treasury, USA. Bookmark the permalink.

85 Responses to Sunday Talks – Maria Bartiromo Trade and Tariff Discussion With Peter Navarro…

  1. elricviii says:

    No wonder President Trump smiles so much. He is sitting in the ultimate Catbird Seat.

    Liked by 14 people

    • Since POTUS approved tariffs, the Wall Street Journal Editorial Board is back on their pre-election Trump hating jihad! The worst is Jason Riley, who seems to show up now on every Fox News panel of pundits spewing his disgust with President Trump. Fox News is now infected with Trump derangement syndrome.

      Liked by 3 people

      • fleporeblog says:

        Don’t lose an ounce of sleep over all of these POS in the MSM, Republican Party, Democrat Party, CoC, Globalist, China 🇨🇳, EU, Mexico 🇲🇽, Japan 🇯🇵, South Korea 🇰🇷, Canada 🇨🇦 etc. Every time they talk the data gets better for us. It is already amazing 😉!

        Liked by 1 person

      • NvMtnOldMan says:

        Marla===even Maria. Notice how she started the interview by saying that why should we help industries that only employ 145k instead of the ones using steel and Al/ that employ millions. Hey Maria, is it because you and your husband and friends own stock in the foreign firms and not the steel and Al industries. I think lots of the NYC-DC-Ca libs put their money into foreign companies as they helped move industry out of this country.

        Like

    • fleporeblog says:

      Absolutely! He knows it and more importantly the world knows it. I love the fact his Killers are speaking about it every time they are on tv 📺. The are preparing everyone for it.

      If our Lion 🦁 drops his MOAB, the entire world would be screwed! Reciprocal Tariffs would be the ultimate BOMB that ends any trade war. If every country in the world came after our President with threats to place tariffs on all American exports, our President would destroy them in less than 24 hours. He would take us out of the WTO and place Reciprocal Tariffs on every import into our country.

      Within one day they would drop their tariffs on everything we export!

      Liked by 1 person

      • G. Combs says:

        GACK, I read your twitter thread and a few more under it. The last one was by David Roberts @drvox

        Boy that guy has ZERO idea of what Trump or Trump supporters are all about.
        “…
        2. Here’s the main point: the contemporary right-wing in the US has become, in Lionel Trilling’s immortal words, a bundle of “irritable mental gestures which seek to resemble ideas.” It’s just a tangle of resentments & bigotries, driven by the erosion of white privilege.
        4. Trump’s rise has shown that purported principles of conservative ideology meant virtually NOTHING to the conservative masses. Trump abandoned the Very Serious script & the RW base didn’t care, at all. He voiced their anger & resentments. That’s all the RW base is any more.
        5. Trump has swerved this way and that on immigration, taxes, healthcare, guns … and the base doesn’t care. They follow him this way, they follow him that way. It is the resentment, the aggrieved sense of persecution, that they respond to. That’s what US conservatism IS now….”

        SNICKER! Sun Tzu would be proud.

        If your opponent is of choleric temper, irritate him.

        Pretend inferiority and encourage his arrogance.

        Be extremely subtle, even to the point of formlessness. Be extremely mysterious, even to the point of soundlessness. Thereby you can be the director of the opponent’s fate.

        Liked by 2 people

        • formerdem says:

          Thanks for this, it is making me laugh too. All boiled up with anger and resentments? Nope. Another cheery conservative, laughing myself sick at the moment. It is so helpful to us to be misunderstood. If they would rather put their own eyes out than lay good eyes on evidence they have been wrong, hallelujah and joyous laughter.

          Like

    • Grandma Covfefe says:

      Liked by 3 people

  2. hillbilly4 says:

    With all the heated rhetoric, from both sides, the one goal, IMO, of all this horse-trading is to help the American business and worker by leveling the playing field. I sense in Trump a desire for the American part of the equation to be at least on an equal footing with others. Not an unfair advantage just an equal chance to succeed. It seems like for 30 years or more we have been behind the eight ball on trade, commerce, manufacturing and distribution. Trump maintained throughout his campaign he DID NOT hate the Chinese, or Mexicans or anyone else – he was mad at our own people for being snookered in nearly every trade agreement.

    Liked by 18 people

    • FofBW says:

      Not so sure our politicians were snookered. There are some very wealthy politicians that made their fortune AFTER being elected.

      Liked by 29 people

    • Deplorable_Infidel says:

      “Trump maintained throughout his campaign he DID NOT hate the Chinese, or Mexicans or anyone else – he was mad at our own people for being snookered in nearly every trade agreement.”

      So, the old cliché “the rich get richer while the poor get poorer” is OK for the ones (0.1%) getting richer.
      The position of these people that insist that WE MUST (no matter what) continue the same failed policies that have crippled us for the past ~30 or so years never ceases to amaze me. The LIES of omission continue to permeate the MSM. My comment to a Donald Lambro article, which was deleted:
      ————————————————————————————————-

      No, WE the people are sick and tired of lying pundits with keyboards, such as you are. I have been a registered conservative in NYS for over 20 years. I resent these attempts to characterize “conservatives” as being against our POTUS.
      Tariffs are mentioned in the U.S.Constitution. Your academic libertarian “free trade” policies DO NOT WORK IN THE REAL WORLD – what we have been doing for the last 30-40 years has not worked. You are a TRAITOR and a “domestic enemy” to advocate that we keep on doing the same.
      You lie by omitting key facts in your so called “opinion reporting”.

      https://theconservativetreehouse.com/2018/03/08/potus-trump-frames-stunning-win-on-steel-and-aluminum-tariffs-announcement-coming-330pm-today/#more-146673

      Any nation that acts like a Chinese proxy in the trans-shipment problem will not get relief from the tariffs. However, the nations that manufacture and trade honestly will be granted tariff relief. This allows Team Trump to evaluate the origin of the Steel used by countries that want to import their finished goods into the U.S. If they are using Chinese Steel, the tariff applies. If they are using their own manufactured steel, there is no tariff.
      See how brilliantly that works?
      ———————————————————
      https://townhall.com/columnists/donaldlambro/2018/03/09/conservatives-say-trade-tariffs-will-kill-us-jobs-and-ignite-a-trade-war-n2458900

      Liked by 5 people

  3. Deplorable_Infidel says:

    Maria Bartiromo gets schooled

    Liked by 1 person

    • The Boss says:

      I think Maria B or her staff peruse this site. She was out of her mind last week when she interviewed Navarro. She was better behaved today, and allowed Navarro the chance to swat away the CofC / K Street talking points we heard so much about from the whore nest known as Congress.

      Liked by 3 people

      • Deplorable_Infidel says:

        “the whore nest known as Congress”

        I believe we are in need of a more derogatory term for Congress (generally speaking) than “whore”. I think that is too good for them. Right now I am thinking leeches and lampreys. Any other suggestions, fellow Treepers?

        Like

  4. missilemom says:

    Take aways: Navarro “We have been Uncle Sucker” on trade. Maria: Looks impatient throughout; like can this be over? Quite distracting. Navarro: Mentions Warren Buffett’s reference to “conquest by purchase” and compares it to a “reverse mortgage”; Clever. Navarro: To do business in China Ford and GM have to surrender their technology. ~~ Says it all, US trade policy in past has been surrender.

    Liked by 16 people

  5. Deplorable_Infidel says:

    “Trade deficits don’t matter” (Wall Street Journal’s position according to Maria)

    HUH?? What planet are they on? Oh yeah, they are GLOBALISTS.
    Well, the real world is composed of individual nations and we are not going back to the Garden of Eden, no matter how hard people try.
    Nationalism (strong individual nations) is ordained by God,
    Satan’s lie is the United Nations and New World Order.
    Of course nations are too trade with one another. Many dozens of examples of that contained in the Old Testament Scriptures, but this is not Bible study time.

    Liked by 5 people

    • Ari says:

      A trade deficit, by itself, doesn’t matter. The conditions under which trade occur do matter.

      Liked by 1 person

      • KittyKat says:

        I thought the trade deficit really does matter because each year it has to be subtracted from the GDP number. I believe it was President Trump who said that.

        Liked by 1 person

      • rashomon says:

        What about the interest that has to be paid on loans?

        Like

      • starfcker says:

        Ari, that’s ludicrous. Of course it does.

        Like

      • Trade deficits most certainly do matter.
        That’s why currencies were floated instead of being set by governments.
        When a nation runs trade deficits, its currency devalues making imports more expensive and exports cheaper thus balancing the trade deficit.
        If deficits didn’t matter, currencies would never have been floated.

        Floating currencies are market based mechanisms that do the same job as tariffs and quotas which are market distorting government actions.
        China, Japan, the EU and others have been artificially manipulating their currencies to keep themselves in a trade surplus WHICH BRINGS WEALTH TO THEIR COUNTRY and steals wealth from America.

        The $800B yearly trade deficit for the USA is the equivalent of 4.5% of GDP. Current GDP is 2.8%. If the trade deficit can be wiped out (by forcing China Japan et al) to spend that $800B back in America, then USA GDP would hit 7%+
        Jobs jobs jobs with higher wages. New infrastructue, new factories and businesses etc etc with a 7%+ GDP.
        The US debt would be wiped out within 10 years with a GDP of 7%+.

        Heck, I’d even settle for hals of that $800B going back to America. That would raise current GDP to over 5% with knock on effects.

        Trade deficits mater, they matter a lot.

        Like

    • piper567 says:

      Deplorable…you could mention the Tower of Babel though….

      Like

  6. TexasDude says:

    No matter how you slice it, our trade deficit drags down our GDP.

    Liked by 5 people

    • TexasDude says:

      Why has China had and still has GDP in 6,7,8, or higher range?

      Their trade surpluses, all over the world, is a major factor.

      If their economy is sooo hot, why do they build ghost towns and ghost shopping malls.

      There is no upkeep and maintenance, just initial builds. No people inhabit, no communities, no commerce supporting down stream businesses.

      Liked by 4 people

    • thedoc00 says:

      People still do not connect “making stuff” and “exporting stuff” as being large multipliers of GDP growth. The “financial-globalist side” of Wall Street doe not care for Trump’s economic policy because it introduces volatility and unpredictability to their financial models. Also, note during the major market down turns the big upset with the algorithmic traders, who can game the market to make profits via their super computers.

      The financier class, on Wall Street, could care less where goods are built and focus on actual sales and profit. That is why outrageous statements about GDP are made by these people.

      Liked by 4 people

      • thedoc00 says:

        Forgot to add, the reason the talking heads on business shows and financier class have trouble with Trump’s team is that they are overly focused on business and never even stop to consider Trump’s Team actually takes their job seriously, to represent US Interests and the people who elected them. The market is NOT the economy of main street, one of the few things Charlie Gasperino often says that I like.

        Note the democrat party economic polices of the past 10 years was actually financier focused as in attempting to maximize their profits, while using policy in an attempt to redistribute those profits. So long as the Obama’s team coordinated closely with the financiers to make the redistribution predictable, they were OK with the arrangement that resulted in zero focus on actually improving the US economic sectors impacting the labor force.

        The comments about congress insider trading is more accurate than is known. The notion of congressional members having “blind trusts” is total BS as they are conflicted with all their economic decisions, which in turn impact the portfolios in their trusts.

        Liked by 4 people

      • Deplorable_Infidel says:

        Thanks for the nice, succinct summary.

        “Also, note during the major market down turns the big upset with the algorithmic traders, who can game the market to make profits via their super computers”

        That boggles the mind when i learned about that concept of using supercomputers to make money off tiny fluctuations in stock prices by shifting massive blocks of stocks around, etc.

        I posed the question recently, what do people like this (the supercomputer brokers, hedge fund managers making $ 1M/day) actually produce? I can see the CEO of a company making widgets. These trading machinations seem like a massive voodoo magic ponzi scheme to me.

        Liked by 5 people

        • GB Bari says:

          “I posed the question recently, what do people like this (the supercomputer brokers, hedge fund managers making $ 1M/day) actually produce?”

          They produce profits for themselves and the few who are in it with them. But it is a Ponzi scheme, since those who buy at the higher price can only be profitable if they in turn can sell at even a higher price yet. No solid wealth is created since nothing of lasting value is created. It’s all paper profits. And the losses are written off and ultimately fall on the taxpayers.

          I’ve had this concern since the 1980s, when most of this manipulation started becoming popular. Think about this- that’s about the same time the manufacturers started closing down here and relocated overseas or simply disappeared. That’s when the Globalists started ramping up.

          Liked by 3 people

        • thedoc00 says:

          You have to spate the hedge fund managers and the super computer algorithmic traders as two different animals.

          GB Bari’s answer covers Hedge Fund folks and those who move in those circles. There are also unfair tax practices that go with those trades, which Republican senators (to their everlasting shame) allowed them to keep as part of the compromise to pass the President’s tax package.

          The algorithmic super computer guys use a combination of math models describing a set of specific market conditions, market based metrics and the speed of super computers to conduct trades at speeds far in excess of more “traditional” trade processes. They can turn profits during some very volatile conditions due to the speed of their execution. The problem comes from the fact that math is math and market metrics are a constant, thus allot of these guys trigger on the exact same things…which given volumes and amounts of money involved can cause the more “traditional” traders to panic as well as create an automated trading spiral that can only be broken literally “turning off the machines”. There are allot of arguments on both sides of the need for algorithmic computer traders to be more closely regulated. Look up Vitu Financial as a good example and listen to some of the You-Tube conversations with their CEO Vincent Viola.

          Like

          • Deplorable_Infidel says:

            “Hedge Fund folks and those who move in those circles. There are also unfair tax practices that go with those trades, which Republican senators (to their everlasting shame) ** allowed them to keep as part of the compromise to pass the President’s tax package”

            The “carried interest loophole”. PDJT indicated that he wanted to do away with that while campaigning. Miss Ann Coulter, among others, has criticized him because that was still intact in the tax cut bill he signed.
            Our President cannot get 100% of what he wants, despite how much we (common folk) would like him to. He has kept a number of other promises, which befuddles the TV pundits that are used to people reneging on campaign promises after they are elected.
            .
            He is doing his best. Perhaps that bill would not have been passed if he insisted that the loophole be eliminated. We are still better off with letting the impact of these tax cuts MAGA and take up that particular fight another day. The middle class tax cuts have an expiration date, so IF the “(R)ed team” can make some gains in the upcoming election (especially the Senate), perhaps the next tax bill can eliminate the loophole and make the personal tax breaks permanent.

            ** the individuals that the “carried interest loophole” primarily benefits are among the MEGA-donor class that give huge sums of money to lawmakers re-election campaigns.
            I am sure that somewhere down the road our President has some ideas for campaign finance reform.

            Like

            • thedoc00 says:

              I agree with all you said, which is why I called out Republican Senators, because the carried interest loop had been eliminated and was added back in in order to gain the votes of certain senators. I would like to know who they were, to be sure they are outted when the president figures out how to kill this loop hole. This is one of the major items legitimizing the democrat criticism of the tax plan.

              Liked by 1 person

  7. applevista says:

    Maria Bartiromo is not “educated”. Maria Bartiromo is “indoctrinated”.

    Liked by 1 person

    • Sharpshorts says:

      Maria Bartiromo may be amongst the few TV pun-dents with the intelligence to “come” around to MAGA economics, give her some time…(years ago I had the same thoughts about Neil Cavuto but he’s a lost cause)

      Liked by 5 people

    • Deplorable_Infidel says:

      The position of these people that insist that WE MUST (no matter what) continue the same failed policies that have crippled us for the past ~30 or so years never ceases to amaze me.

      Liked by 4 people

    • dilonsfo says:

      An interview show without challenging questions to bring out the positions and answers so people can judge whether or not the interviewee has valid points is just a speech by an unchallenged position holder not an interview to determine the wisdom of the position. This is the stalwart of pundit shows like CNN, etc. Everyone on those shows are in complete agreement and ask question that allow the pundit to preach unopposed. The CNN, etc., shows are just like a boxer shadow boxing with no one actually throwing any counter punches that demonstrate the actual skill (truth) of the boxer. Which one do you want: a shadow boxing match or two skilled boxers demonstrating the truth of their skill (ideas)?

      Liked by 1 person

    • JMC says:

      Maria has been very respectful to people in the Trump administration. And she’s getting big interviews as a result.

      Liked by 1 person

  8. TheWanderingStar says:

    Thank you Maria for letting Mr. Navarro give his complete answer!

    Liked by 4 people

  9. spren says:

    I have learned so much on this site from Sundance regarding trade issues and GDP. It is so alarming to hear the so-called experts comment upon these issues when I am now able to see how wrong they are and how much they are providing fraudulent information to unsuspecting (an uniformed) listeners.

    Just yesterday I heard one of these “experts” dismissing the need for tariffs against Chinese steel because their exports to us were so minuscule. If I didn’t frequent this site, I would not have known about the “money laundering” done by China with their use of proxy nations to dump their subsidized steel into America. I had no idea how they exploited NAFTA to backdoor their steel into our country through Mexico and Canada.

    Liked by 11 people

    • Jan Phillips says:

      I know!!!!

      Liked by 2 people

    • Sharpshorts says:

      Very few in American knew (or still don’t know) about the “back door” that NAFTA provides. Some in the news biz now know but refuse to admit they know.
      Sundance knew from the start, as does our Lion…

      Liked by 3 people

      • Deplorable_Infidel says:

        The MSM (aka “FAKE NEWS”) has been complicit in not reporting these facts for decades now. Before the Internet and sites like this, most Americans have been too busy trying to provide for their families with the outrageous cost of living, taxes, etc. to have time to research “what the hell has been happening?”
        We “common sense” folk somehow knew from the start that NAFTA was no good for OUR country, but lacked the how and why.

        Liked by 2 people

      • piper567 says:

        I imagine the President will educate folks via Twitter if we end up pulling out of NAFTA.

        Liked by 1 person

  10. ForGodandCountry says:

    “President Trump holds all the leverage within the trade discussions with the EU…

    …. WE ARE THE CUSTOMER in this equation.”

    BOOM!

    Liked by 3 people

  11. ForGodandCountry says:

    One thing that kinda pizzes me off, and that is that neither Trump or his people…like Navarro…are making the open argument that the critics are the mouthpieces of the globalists, in other words…the mouthpieces of those who have PROFITED from selling America down the river for their own gain. And Trump’s policies threaten their profits, so naturally they are going to say Trump’s trade policy is bad.

    I can’t understand why the administration doesn’t make this argument, and in so doing, inevitably pit Main Street USA vs. Wall Street.

    Like

    • GB Bari says:

      I think he has clearly implied that to those paying attention. I agree that it would get through to many more people if it was stated directly, but Trump understands the risk of slapping Wall Street in their face in full view of the world. He doesn’t want to make them look like victims of political bullying.

      Liked by 2 people

    • Deplorable_Infidel says:

      “why the administration doesn’t make this argument, and in so doing, inevitably pit Main Street USA vs. Wall Street”.

      Strategy.
      1) Call out MSM for being nothing more than propaganda.
      2) By “changing gears” with these policies PDJT is revealing to the deceived masses the rigged game against them and they are figuring it out for themselves.
      3) Calling them out directly would evoke direct counter-responses and the millions deceived over the years would tune it out as “partisan bickering”.

      PDJT met with all the primary industry CEOs to give them a “heads up” and get their input. Now it is full steam ahead. Notice the IMMEDIATE announcements to get these mothballed blast furnaces fired up again, etc.

      Liked by 1 person

    • G. Combs says:

      “…I can’t understand why the administration doesn’t make this argument,…..”

      He lets those of us who understand make that argument and thereby stays above the fray. Trump wants to pull the country back together not rip it apart.

      Liked by 2 people

  12. ” WE ARE THE CUSTOMER in this equation.” The customer is always right!

    Liked by 1 person

  13. Scout says:

    Interesting.
    The National Review globalists want their system to continue as it has.
    The destruction of the American working class is of zero concern to them. ‘Collateral damage’ I suppose.

    https://www.nationalreview.com/2018/03/trump-returns-to-his-democratic-roots/

    Like

    • hillbilly4 says:

      Interesting read. The Author, Mr Tanner of the Cato Institute opines President Trump has turned ‘Democrat’ – as if the term was some kind perjorative casting Trump into the bowels of the Democratic party. What nonsense. Mr Tanner writes like an elite – stuck in his ivory tower with his laptop and Word software. Let’s get Mr Tanner off his rear end and go talk to the Steel workers going back to work, to the coal workers working again.

      Ask Mr Tanner how HE would get the vast Middle Class in this country to Smile Again. 30 years of the other way of doing things (like Mr Tanner would do) produced a country drained of its joy, drained of its pocket book, and drained of Life itself.

      Are we to believe President Trump is ‘abandoning’ his true Republican roots as Mr Tanner suggests? I say Mr Tanner simply has forgotten to consider that Trump is an American First, Last , and Always. If that includes using ‘Democrat’ tools and ideas, as well as Republican, then let the President be – because, both Democrats and Republicans ARE Americans. President Trump loves this country enough to not allow us to be divided over mere labels. This is the problem we have now: Identity Politics. President Trump wants ALL of us to succeed. Let’s use every good & honest tool, idea, tactic, device, law and statute to rebuild this great Land -whether it be ‘Democrat or Republican’.

      Like

    • JMC says:

      I have a conservative friend who is a former “Never-Trumper” His bibles were the NR, WS, and CoC. Such people just didn’t/don’t understand that if the American working class is destroyed, the inevitable result will be socialism, i.e. open borders and the destruction of the USA.

      Liked by 1 person

  14. testpointwp says:

    Interesting that no one has mentioned the exchange rate in these discussions. The dollar has strengthened considerably (about 15%) against the Euro in the last 9 months.

    If the EU could get their fiscal act together and strengthen their currency, the effect of tariffs would be almost unnoticed.

    Like

    • testpointwp says:

      Oops. Mea Culpa. It appears the Euro has strengthened. The comment would be better stated as – exchange rates may have a bigger impact on trade than tariffs.

      Liked by 1 person

    • Please see my comment above.
      A 10% manipulation of the currency is exactly the same as a 10% tariff.
      The Chinese Renminbi is pegged to the US $. Meaning the Renminbi doesn’t appreciate in value despite the rivers of cash flowing into China.
      If the Renminbi wasn’t manipulated, it would be at least double its current value. That’s the equivalent of a 100% tariff on Chinese goods, and a 100% negative tariff on US goods into China.

      That’s what floating market based currencies were supposed to achieve. A natural adjustment of trade deficits and surpluses so that nations have balanced trade over the cycle.

      Like

  15. thedoc00 says:

    Keep in mind the media and mainstream politicians have yet to come to grips with the concept that we now have an administration that is focused on economic metrics and outcomes that impact US citizens and benefit the national interests as a whole. The previous 3 presidents had actually focused on benefitting the Wall Street Financial Class. The president almost fell into the trap of bragging too much on Wall Streets rise as opposed to the impacts he was having on the nation, personally the best thing that happened was the recent market correction…all the main street indicators remained strong, the actual business people commenting on the correction said the main street economy was strong as well as it was the Wall Street financiers who had been forced to adjust and people like Charlie Gasperino were reminding the president where he should focus.

    The business pundits, Wall Street Financiers and politicians continue to assess the president’s policies against Wall Street Financier Metrics, which is the reason for the big disconnect and is their critical mistake. Very few in the business media world actually understand this fact and discuss the president’s policies accordingly like; Charles Payne, Stuart Varney, Liz Claman, to some extend Steve Moore (when he doesn’t have to suck up to his NBC bosses). If the main stream Republican Party would accept this fact, the mid-term elections would be much easier to navigate.

    Like

  16. jeans2nd says:

    “…U.S.T.R Robert Lighthizer’s pending 301 review of intellectual property theft by the Chinese government.”

    This idea – Chinese intellectual property theft – was brought up in the Senate Cmte on Armed Svcs hearing on worldwide threats last week 6 Mar 2018 https://www.youtube.com/watch?v=jgoBjk_hSNs

    Sens McCaskill and Warren want a policy requiring all U.S. contractors and subcontractors to notify the gubmint when China requires intellectual property transfers when doing business in China. How this belongs in an Armed Svcs hearing is beyond me.

    Sounds like a good idea, which means there is something terribly with this proposal. But, seeing as how Blumenthal wants DNI Coates and Pres Trump to declare war on Russia, one is not surprised. Sen Tillis conducted a civics lesson in the hearing on Article I powers, which is a good thing.

    Which has nothing to do w/any of this, except for the fact that at least the Senate dummies are finally acknowledging that Chinese intellectual property theft is a yuge problem. To whom credit MUST be given to Peter Navarro, Amb Lightbringer, and of course Pres Trump.

    At least someone in the Senate is finally paying attention. And good on Peter Navarro for bringing this up w/Bartiromo.

    btw – pay attention on the 23rd. the senate is planning on another cromnibus on the 23rd

    Liked by 3 people

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