Commerce Secretary Wilbur Ross Discusses China Trade Visit…

Commerce Secretary Wilbur Ross discusses the ongoing trade initiatives with China ahead of the U.S. delegation departing later tonight.  Secretary Ross, Treasury Secretary Mnuchin, U.S. Trade Representative/Ambassador Robert Lighthizer, Economic Council Chairman Larry Kudlow and White House Trade Adviser Peter Navarro are all heading to Beijing to meet with their Chinese counterparts.

Secretary Ross is like the Babe Ruth of trade-baseball. Wilburine has a way of taking complex issues pitched to him, and knocking them out of the ballpark with an extremely fast common sense bat.  He makes it look effortless.  Watch:

.

Two quick thoughts. First, I think this is the first time every member of Team America (Ross, Mnuchin, Lighthizer, Kudlow, Navarro) has unified into one specific set of trade negotiations. That helps understand the scale of importance of the China trade relationship.

Second, there’s no traveling parallel contingent consisting of outside government members/advisers from of the U.S. Chamber of Commerce. This is a significant change from the past 30 years of Wall Street policy manipulation by the CoC. Many people may not be aware but until President Trump the U.S. government didn’t actually write the trade agreements.

For all prior administrations the actual negotiations and agreements were willingly sub-contracted out to U.S. Chamber of Commerce delegations. This is how the multinationals took control of trade policy and eventually the U.S. economy. CoC President Tom Donohue must be apoplectic now that he is facing an administration actually writing the trade agreements.

I cannot emphasize enough how much of a paradigm shift the President Trump trade approach is.  When you understand what was taking place before, you can see why those interests are frothing-at-the-mouth angry about team Trump.

There are trillions at stake.

Previous administrations allowed BIG LABOR and BIG BUSINESS to write all the agreements and rules.  In their backrooms they worked out the details.  Policy was willingly handed over to corrupt Wall Street interests and corrupt Labor Union leadership.

A recent point of reference was within the Obama administration.  The U.S. Chamber of Commerce wrote the actual verbiage of the Trans-Pacific Partnership, or TPP agreement.  Obviously the beneficiaries were those who the U.S. CoC supported; ie. Wall Street multinational corporations.  In return those multinationals give the U.S. CoC hundreds of millions in contributions (payoffs for policy).

In exchange for control over the trade policy, the U.S. CoC pay the politicians.  This is why the U.S. CoC is the biggest lobbyist (by far) in Washington DC.  In essence, for three decades all prior administrations were allowing Wall Street to write the trade agreements.

Now think about that.

In essence, by giving up control over our nation’s trade agreements, all previous administrations were giving away control over the U.S. economy to multinational corporations.

Understanding this former dynamic, is it a surprise why the middle-class was destroyed and Wall Street benefited?

Remember, there are TRILLIONS at stake.

President Trump took the atomic sledgehammer to this process and said NO MORE!

President Trump put the U.S. trade team together that actually makes the deals now. And those deals are independent of consideration for the corporate needs of any individual players, or groups of players, on Wall Street.

Ross, Mnuchin and Lighthizer et al, are only looking out for the U.S. best interests.  The U.S. Chamber of Commerce has been cut out completely; and as a direct consequence Wall Street -and by extension their multinational corporations- no longer has any influence on U.S. trade agreements.

This is a massive economic paradigm shift that most people don’t comprehend.

Understand this dynamic and you understand the opposition to Trump.

Remember, all U.S. media are multinational corporations.

.

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This entry was posted in Big Government, Big Stupid Government, China, Decepticons, Deep State, Donald Trump, Economy, Election 2018, Environmentalism, European Union, media bias, N Korea, NAFTA, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

164 Responses to Commerce Secretary Wilbur Ross Discusses China Trade Visit…

  1. scott467 says:

    “Now think about that.

    In essence, by giving up control over our nation’s trade agreements, all previous administrations were giving away control over the U.S. economy to multinational corporations.”

    ___________________

    It’s treason.

    Treason by the government officials who participated, and treason by the American citizens in the CoC and in the multinational corporations.

    Whether the multinational corporations were based in friendly countries OR enemy countries.

    Liked by 2 people

    • Peter Rabbit says:

      Sundance: Where is a list available of how much the CoC pays to each US politician? What form does it take? Consulting fees, PAC money for campaigns, boondoggle/trade trips with spouses, etc.??

      Thank you so much..

      Like

  2. Dixie says:

    The U. S. Chamber of Commerce masquerades as an honorable representative of the United States just like congress masquerades as representatives of the people. Nothing could be further from the truth.

    Liked by 6 people

  3. scott467 says:

    “Understanding this former dynamic, is it a surprise why the middle-class was destroyed and Wall Street benefited?

    Remember, there are TRILLIONS at stake.”

    ______________________

    It’s far worse than that.

    What’s at stake is REPARATIONS.

    The FIRST reparation will be $20 trillion dollars to pay off the national debt down to ZERO.

    The SECOND reparation will be much larger. It will require liquidating the criminal Federal Reserve Bank and the Rothschild family and the Soros family and probably one other entity.

    A starting point would be, at a bare minimum, a payout of $10 million dollars to every family in America, roughly estimated at 100 million families. That’s a SMALL amount for pain and suffering, for the loss of family members due to suicide, loss of livelihood, loss of pensions, etc.

    That works out to a reparation amount 100 million families x $10 million = 1,000,000,000,000,000.

    I’m sorry it has to be this way, I didn’t want for this to have to happen to all these wonderful international bankers and central banks and international corporations and international criminal masterminds.

    But it must be.

    And after the American People are made as close to whole as possible, Reparations must be made by these same criminal organizations to the rest of the world.

    That’s going to take a lot of gold bullion.

    They better get crackin’.

    Santa Claus is COMIN’ to town.

    Like

    • Baycity Duckhunter says:

      I consider my financial education to be top notch – developed over the last 35 years, but I have NEVER come across the FACT brought out by Sundance that the US CofC has developed and written US trade policy since Reagan. Upon reflection, I recall all of the instances where I have read…..the President was in China with a delegation of the US CofC, or the Commerce Secy was visiting African Nations on a tour with the US CofC……

      I cannot remember Ross Perot or Rand Paul pointing out this MAJOR fact, but it could have been couched in more nuanced terms.

      G-d Bless President Trump, the USA, and its Laws founded on English Common Law. It is now time to ‘prune back’ laws that have been corrupted by ‘Stare Decisis’ of political and activist Supreme Courts that attempt to dominate the two other Co-Equal branches of the Currently-adopted government created by US Citizens under the RESTRICTIONS of the US Constitution .

      Liked by 3 people

  4. maiingankwe says:

    So this is why I always see Mnuchin smiling along with the Lighthizer, Navarro, and our Wilbur Ross. They know they are giving it to the CoC and Wall St. They are the ones now carrying the Bigly stick, and it’s yuuge!

    It has got to be such a rush knowing what they know and having the power to fix it. They are true Americans fighting the good fight, and they do so because of the honor and respect they hold for us and our country. And especially for their boss who has set them free to do what they are darn good at.

    I wouldn’t be surprised if Mnuchin gave a little dance this morning in his home. He’s so dang happy to be able to use his smarts for the good of our country, they all are, but it’s Mnuchin who I can see dancing a jig in happiness.
    Be well and stay smiling,
    Ma’iingankwe

    Liked by 2 people

  5. Obs says:

    President Trump’s security is the #1 priority.
    These people cannot be crossed, they used to run the US .
    I wonder how connected the FBI, DoJ and Intel agencies are to Wall St.
    Bureaucrats as the public political arm of Wall St…….

    Like

  6. Nicola Timmerman says:

    Meanwhile Canada is wasting its energy virtue signaling about gender equality.

    Like

  7. ok4ayl says:

    That was a wonderful back and forth, the host always allowed Sec. Ross the opportunity to completely finish his thoughts, clearly he has the utmost respect for the the Sec. He even subtly called him Wilbur mid interview, feeling very confident in Team USA heading to China…….Confident indeed!

    Liked by 1 person

  8. Ospreyzone says:

    I’d like to see the president, and for that matter, conservative politicians in general, talk more about how our trade policy has been willfully handed over to Big Business and Big Labor. If more Americans fully understood that it is NOT our governing officials writing the trade agreements, nor is it our Congress writing laws, for that’s been ceded to lobbyists, there would be justified anger. Americans, by and large, do not grasp these concepts and being collectively abused as a result.

    Liked by 1 person

  9. Maybe this will show the Kudlow pic …

    Like

  10. Robert W says:

    Rothchild is supposedly worth $500 trillion dollars. That’s where it all should come from for reparations.

    Like

  11. Doxiene Stewart says:

    I had no idea. I thought the President and C.O.C. handled the terms of trade with foreign countries. Although, I wasn’t real sure if the President was included. I feel like someone just opened the curtains and we can now see the truth and what has happened in the past and what should have been happening all along but wasn’t. So happy to have been enlightened, thank you.

    Like

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