Pillsbury Warns Beijing – Things Could Get Worse: “tariffs could go to 50 percent or 100 percent”…

Michael Pillsbury traveled to Hong Kong recently to help explain the goals and objectives of President Trump’s U.S-China trade position.  During an interview, Mr. Pillsbury warns Beijing interests not to interpret the current U.S. position as aggressive, because the dragon has yet to see the severe side to Trump’s position.

During an interview with the South China Morning Post, Pillsbury points out there are a great many more ways that President Trump is prepared to respond if the combative trade position from China remains hostile to any concessions.  This first option was their best option.  However, should they choose further trade conflict, President Trump will happily oblige.

CTH research on Trump’s outlook, vis-a-vis China, has led us to believe there is no upper limit to the economic weapons President Trump is willing to deploy; and considering that Pillsbury can be relied upon to deliver honest, accurate and deliberate remarks about the White House position, these warnings from a close advisor to the President should be weighted accordingly.

(South China Morning Post) – The United States is set to ramp up the pressure on China if a trade deal is not agreed soon, a key White House adviser said, adding that Washington has so far imposed only “low level tariffs” on the Asian giant.

Described by US President Donald Trump as “the leading authority on China”, Michael Pillsbury said in an interview in Hong Kong on Thursday that Trump had been “remarkably restrained in the pressure he has brought to bear on China in the trade field”.

“Does the president have options to escalate the trade war? Yes, the tariffs can be raised higher. These are low level tariffs that could go to 50 per cent or 100 per cent,” he said, adding that Trump’s critics were wrong to assume the president was “just bluffing” when he threatened an all-out trade war.

“There are other options involving the financial markets, Wall Street, you know, the president has a whole range of options,” he said.

[…] “I believe President Trump uses social media, especially on China, to convey his thinking. So I reject the idea that I or anyone else is some kind of adviser to him on China,” he said.

“His focus is revealed frequently in the tweets that I think everybody should take very seriously as presidential statements.” (read more)

President Trump has been brutally consistent for more than three decades on his intent and purpose with the Chinese.

President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.

There is no doubt in my mind that President Trump has a very well thought out long-term strategy regarding China. President Trump takes strategic messaging toward the people of china very importantly.

President Trump has, very publicly, complimented the friendship he feels toward President Xi Jinping; and praises Chairman Xi for his character, strength and purposeful leadership.

Historic Chinese geopolitical policy, vis-a-vis their totalitarian control over political sentiment (action) and diplomacy through silence, is evident in the strategic use of the space between carefully chosen words, not just the words themselves.

Each time China takes aggressive action (red dragon) China projects a panda face through silence and non-response to opinion of that action;…. and the action continues. The red dragon has a tendency to say one necessary thing publicly, while manipulating another necessary thing privately.  The Art of War.

President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.

It is specifically because he understands that Panda is a mask that President Trump messages warmth toward the Chinese people, and pours vociferous praise upon Xi Jinping, while simultaneously confronting the geopolitical doctrine of the Xi regime.

In essence Trump is mirroring the behavior of China while confronting their economic duplicity.

Additionally, while carrying out the objectives of the confrontation, Secretary Mnuchin, Secretary Ross, Ambassador Lighthizer and adviser Navarro are well aware of Beijing’s panda mask; POTUS Trump will never let them forget about it.

President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed.  President Trump has waiting three decades for this moment.  This President and his team are entirely prepared for this.

We are finally confronting the geopolitical Red Dragon, China!

Some call it ‘Globalism vs Nationalism’, at other times it is best described as “Wall Street -vs- Main Street”; however, the overarching bigger picture is a battle over economics and the financial power structures that oppose President Trump.

CTH has often said ‘everything is about the economics’, because it is. Ask the ‘why’ question five times to any issue and you will find the root issue is money.  Power, greed and control, it is all about the money and the economics.

Opposition to President Trump’s singularly unique and transformational reset of the U.S. economic system boils down to a battle against the ‘Big Club’.

The process of U.S. Agriculture multinationals charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Oil Producing Economic Countries). Only in the modern era massive multinational corporations are playing the role of OPEC and it’s not oil being controlled, it’s almost everything, including food.

Yes, President Trump, the man and his policy team, is an existential threat to the elitist hierarchy of things well beyond the borders of the DC Swamp. In the era of explaining the complex it’s a planetary economic reset almost too massive and consequential to encapsulate in words.

There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

President Trump has single-handily, and purposefully, stalled the global economy and is forcing massive amounts of wealth back into the United States. In essence Titan Trump is engaged in a process of: (a) repatriating wealth (trade policy); (b) blocking exfiltration (main street policy); (c) creating new and modern economic alliances based on reciprocity; and (d) dismantling the post WWII Marshall plan for global trade and one-way tariffs.

Every minute element within this process, no matter how seemingly small, has President Trump’s full attention. He has assignments to many, but he relies upon none.

They say he’s one man. They say they have him outnumbered. Yet somehow, as unreal as it seems, he’s the one who appears to have them surrounded.

And they are beginning to realize he will win!

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This entry was posted in Big Government, China, Communist, Decepticons, Deep State, Dem Hypocrisy, Donald Trump, Economy, Election 2020, energy, European Union, G20, G7, Hong Kong, media bias, NAFTA, Nancy Pelosi, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

117 Responses to Pillsbury Warns Beijing – Things Could Get Worse: “tariffs could go to 50 percent or 100 percent”…

  1. AMK says:

    Ha! Seems like little panda is gonna find out what The Trump Dragon has in store for him!!!!

    You should have listened, but noooooo, you had to play like the school yard bully….let’s see what you do when The Trump Dragon punches back at you twice as hard and three times as fast!

    I literally have NO compassion for you, your stupidity, your greed and the terrible things it will bring to your country, Xi. Poor, poor communists…..

    Liked by 2 people

    • Daniel says:

      China knows what Trump has in store. China is counting on other forces to stop him. I think it’s obvious given the lack of any sort of real negotiation. “We don’t have to negotiate” is clearly their position based on their actions.

      I can’t help but think the connections between China and the swamp needs to severed and quickly. After that, I get the feeling things would run smoothly. Forget about tariffs. Let’s talk about sanctions.

      Liked by 3 people

      • Dutchman says:

        Daniel,
        I don’t know whether its as you say, or more,…complex. China realises they have NO options, they are completely buffalowed, regarding how to react to, or counter what PDJT is doing.

        So, its denial/wishful thinking, that they HOPE their quislings in the,swamp, media and Congress can defeat him, cause they got,…..NOTHING.

        Liked by 1 person

        • Good video post below by Dufrst that supports this, Dutch.

          Like

        • kevin says:

          The dragon policy is to either survive or bring down this US administration. It would take too long to survive politically or economically if Trump wins another term (and I believe he will) so I’m picking the latter plan rather than the former. Would China go to war? If they feel their food supply is threatened yes I think they would.

          Like

          • Dutchman says:

            War simply will not benefit them, in this situation.
            Their problem is they NEED the U.S. market, to buy their crap, and they need the U.S. to supply them with food.
            To go to war with the U.S. is nonsensical, “Buy our crap, and sell us food, or we will attack you!” doesn’t benefit them.

            Thats the beauty of “Economic Security is National Security”, it enables us to finance a military so robust that no one will confont us, but more specifically, it makes “conflict” between countries become “competition”, thereby taking bullets and bombs out of the equation.

            Like

    • USTerminator says:

      Repeat after me. There is NO trade deal with China. Ever! This drag on pretending negotiation is used to allow everyone time to decouple from China orderly and not trampled for exit. However, make no mistake about it. We are at the end of the road. Anyone still deludes that “I dream of China” will lose it all starting 2020 that is the multi faucet hammers will put on China.

      Liked by 5 people

      • Dutchman says:

        US Terminator,
        Sing it, brother! I have been singing the same tune, as have others for (?) Over a year now?

        Only thing I would hesitate on, is this being end of the road. We’re taking in Billions, we can take in more, and as the article points out, PDJT can increase tarifs, and has all sorts of as yet unused additional arrows in his quiver.

        “And CCP has got,…….nothing!”

        “Well, they got Pelosi, Difi, McConnell and McCarthy!”

        “Like I said,…They got NOTHING!”

        An approval rating of 50, does NOT mean 50/50. It translates to around 60% of the popular vote.

        They got NOTHING, and China is so screwed.

        Liked by 2 people

        • Well they have most politicians (not cryin’ Chuck apparently); a vast spy network which has infiltrated every facet of our govt. educational system, and biggest most powerful corporations; and all the assets they gained from corrupt African nations.
          I think China can last even with 100% tariffs far longer than we imagine.

          Like

          • USTerminator says:

            We will last much longer than China because we soon don’t need China anymore. We will source and trade with other nations.

            Liked by 3 people

            • Major Rage says:

              “we ….. don’t need China anymore.” Tell us when did we ever need them?

              Like

              • A Moderate Man says:

                The “we” Major was American companies trying produce lower cost items by saving on labor costs… holding on to market share from overseas competition and finally giving the middle-finger to high-priced American labor.

                Just this week, I have had three different vendors blame tariffs for their higher price quotes.

                This war against China is reckless. I thought we were conservatives here at TCH where excessive taxes are not welcome. Maybe the site should be called TVT.

                Like

                • geoffgo says:

                  So your approach is to continue to deal with the communists and make them stronger at the expense of US citizens. Did I read your comment correctly?

                  Liked by 2 people

                • goetz says:

                  Bought into your first paragraph.
                  Thought ‘tough luck, those guys are probably sourcing from China’ after reading the second paragraph.
                  The conclusion I came to from your third paragraph is that you are either a moby or just a self-interested skin-flint. We aren’t just Conservatives, we are American Conservatives: our values hierarchy doesn’t top out with ‘cheap’, as yours seems to.
                  Sad..

                  Liked by 1 person

          • Dutchman says:

            Bigger they ARE, the harder they fall.
            Conmunism quits working, when they run out of other peoples money.
            They spend MORE $ on internal security, than they do on Defence, and they soend,a BOATLOAD on Defence.
            Just maintaining the lifestyles of the CCP and their families cost them an estimated TRILLION $/year.
            WHAT do they cut back on, pray tell? The ONLY “friends” they have, are purchased. And once you stop paying such “friends”, they don’t know you.
            They have pissed off every neighbor they have, including Russia. Even EU doesn’t like their tactics, only their $.
            The article lists,ALL the things PDJT can do to them, beyond just tariffs.
            For instance, he could shut down international banking, in a heartbeat, and China is dead. As Pillsbury said, PDJT is just getting warmed up, and milking the cow, prior to slaughtering it; get the MILK first, THEN go for the meat!

            Liked by 1 person

          • Decoupling from China will include deporting their citizens: Easy to spot.

            Liked by 1 person

      • Raptor says:

        Exactly! Trump KNOWS that Beijing will never honor the terms of any agreement that says it won’t spy, steal intellectual property nor open its markets to allow reciprocal entry into Chinese markets. China can buy US companies(ie… Smithfield ) but the US CAN NOT buy Chinese companies…as it is a communist country.
        It really makes no sense for us to actually sign an agreement that we cannot enforce.
        I assume that Trump is only posturing to keep Wall street from Tanking. Eventually either Trump cranks up the tariffs to the point where companies move out and leave China a hollow shell of its previous economy, or hopefully the Chinese equivalent of the Berlin Wall happens and there is a major change of leadership in China

        Liked by 1 person

        • bertdilbert says:

          I think I was one of the first to say that Trump’s intent might be to economically break China like Regan broke Russia.

          One thing I do not see is a trade deal without Trump bringing in the man made islands. He Is going to have to deal with those and the best time to deal with those is when has leverage.

          It would be like solving Iran before getting a Israel/Palestine deal.

          Liked by 2 people

          • Dutchman says:

            I don’t know who was first, I remember when the reality hit me like a ton of bricks.
            And I remember when I shared my revelation that there,would be, COULD be NO deal with China, some treepers conveyed (in a NICE way) “no sh*t sherlock” well actually they indicated they had already figured that out, a ‘welcome to the club’ kind of responce.
            You may have well been one.
            And yes, I have posted that what Reagan did was challenge Soviets to COMPETE economically.
            He BANKRUPTED them, cause Conmunism can NOT compete with free market capitalism.
            Thats ehy theyvhave to cheat; they can’t compete.

            Liked by 1 person

            • bertdilbert says:

              I am probably the first on the CTH to say it. It came to me because I had a book on tape of something that would be influential on Trump. It used Reagan in many examples. A lot of my view on Trump comes from that book.

              Roger Dawson is one of the country’s top experts on the art of negotiating. As a full-time speaker since 1982, he has trained executives, managers, and salespeople throughout the U.S., Canada, Asia and Australia. He is one of only a few professionals in the world to have been awarded both the CSP and CPAE by the National Speakers Association, their two highest awards. He was inducted into the Speakers Hall of Fame in 1991. He is the author of Secrets of Power Negotiating, Secrets of Power Negotiating for Salespeople and Secrets of Power Persuasion.

              Tell me he did not have significant influence on Trump.

              Like

              • Dutchman says:

                Or, Trump had a significant influence on HIM.
                AS for REAGAN, I lived it, and WATCHED him DO IT. And recall hearing about how he KNEW, positively that it would work, after reading a ‘routine’ report on the wheat harvest in Russia.
                They HAD enough wheat, from their collectivist farms, to feed themselves. But, 50% of the wheat was LOST, because they had no tarps on the trucks, transporting the wheatcfrom the farms, to the granaries.
                In a Conmunist system, it wasn’t the farmers collective, truck drivers or granary operators responsibility; they didn’t lose any $, due to 1/2 of the grain blowing away! Whereas, in a capitalist,system SOMEONE would have had a monetary incentive to transport thevgrain more efficiently.
                When he read that report, he KNEW if he challenged them, financially he could bankrupt them, because of the inherent innefficiecy in the system.

                Like

          • usayes says:

            I guess I have to SHOUT this time… China is DONE. No deal can save them (and there will be NO deal). For the umpteenth time, what company in its right mind would return to China even if the tariffs were lifted? Done. Done. DONE!!!
            Thank you VSG.

            Like

        • Larry Weber says:

          Neophyte question: How much US intellectual property does China now possess because US companies gave it to them in return for market access?

          Like

        • We don’t WANT to buy a Chinese Company
          … whose workers swear allegiance to the PLA.

          Better solution: Force China to divest all USA holdings, starting with Smithfield.

          Liked by 1 person

      • Dave Kohler says:

        It appears that The Lion does NOT sleep tonight!
        Perhaps he never sleeps!
        This is LONG overdue!
        TRUMP IN 2020!!!!!!!!!!!!!!!!!!!!!!!

        Like

      • MVW says:

        Trump says to Merkel, ‘Here we are spending hundreds of billions to protect you from Russia and you make a pipe line oil deal for billions with Russia????

        Same logic with China. We spend hundreds of billions on military to counter China and Apple builds their plants there to sell to the US consumer???

        China is not Mexico. Trump would not trust Xi to defend our southern border… ever. There are trade deals and there are other trade deals you make with a loaded gun in your waist belt.

        That said, a large amount of discussion is about the treason, the coup, the illegality of Obama hold-overs and their frame up & spy operation. This is unimportant compared to the economic moves Trump is making. What is discovered there is LEVERAGE to remove the R&D roadblocks to these economic moves. & the wall in the end was simple with a bit of economic pressure.

        USMCA passage is a big deal & Kudlow seems to think Pelosi will roll over. Maybe Trump’s accumulated leverage from the failed idiotic ‘spy&frame’ operation will be the key factor to tame the Shrew?

        Like

    • bertdilbert says:

      Trump gets a trade deal when Trump wants a trade deal. Trump may want to drag this out to closer to the election and then turn up the screws. No matter what Trump wins this, it is just a matter of timing on the win for most leverage.

      Liked by 1 person

    • tax2much says:

      The Chinese learned the corruption game quite well. They just don’t understand how to deal with an honest man.

      They soon will and the lesson will cost them dearly.

      Liked by 2 people

  2. trapper says:

    Hahahahahaha. I can’t get past the first couple paragraphs. Hahahahaha. So much for smoothing over ruffled panda fur. Take a buzz saw to it.

    “Xi, you have no idea the world of hurt that we can bring down on you, and we have 65 million and counting pissed off Americans demanding we do it. Here. Sign this. Your move, sport.”

    Liked by 1 person

    • Dutchman says:

      NO!
      It is NOT “65 million”; it is MUCH more than that. An “approval rating” for a POTUS running for reelection, one YEAR before the election, of 40 or over is ‘viable’. 45-48 is a landslide, and over 50% “approval rating” means about 60%~ of the popular vote.
      And that is a boatload more than “65million Americans.

      Liked by 4 people

      • Lack is not all says:

        Dutch, could you please explain your math. I heard that a president is re elected if he has 45 % approval. Don’t understand the rationale. Help. I would like to understand. I will feel so much better.

        Like

        • Dutchman says:

          Traditional, political wisdom;
          A POTUS, seeking reelection who has a 40% “approval rating” is considered ‘viable’; its,POSSIBLE he could win. Below 40 is considered UN viable. Think LBJ, who didn’t run for second term.
          IF, a year out, the POTUS has mid to upper 40’s, dancing between 45-48, and has no major foriegn policy blunders, a resession, major scandal, runs a ‘safe’ campaign, he’s a shoo in.
          Above 50% approval rating, we’re getting into landslide territory.
          The,”approval rating” poll was developed in the 60’s, (IIRC); its only value for comparison is if its asked EXACTLY the same way, every time, so answers can be compared, from different places in different POTUS’S terms.
          Hence, the first assymetrical question (and all others) are asked the same way; the “right track/wrong direction” question.
          Then it askes a SERIES of questions about the Pres; “cares about people like me”,..strong on National Defence, …Good for the economy”,..like that.
          And the,respondent can choose “agree strongly”, agree mildly, agree, disagree midly, disagree strongly, or some variation on “Excellant/very good/ good/fair/poor that pollsters normally use for products.

          So, they then have a mathematical formula they use, to consolidate all these anwers, in order to come up with an “approval rating” #.
          Hence, 50% “Approval rating” DOES NOT mean 50% of respondents “approve” of a POTUS, and 50% disaprove.
          And, if he has a “45% approval #”, it definetly DOES NOT mean that 55% of voters DIS approve if the Potus.

          And, the talking heads all KNOW this, but they aren’t educating the public on it because, well, …their TURDS,…DOO-DOO Heads, and it doesn’t fit their Orange man bad narrative.
          But they, and everyone in the Swamp knows, and they are panicked.
          Hope that helps,…

          Liked by 4 people

      • EXACTLY, Dutch: POTUS may approach 2:1 depending on Election Integrity.

        Like

  3. Sporty says:

    The American spirit is rolled into everything we make. The world use to clamor for our products built with quality that lasted. If this is done right we should have such an excess of money we wouldn’t even need to be taxed, just like it used to be.

    Liked by 2 people

  4. Hutzpa says:

    It is glorious to watch from your vantage point Sundance! I would be lost without your insight, analysis and wisdom. I know God is blessing you with wisdom and strength. May you and your team be completely protected and rewarded for bringing light into an otherwise frighteningly dark place. I pray your reader increase as the craving for truth increases. I find great grounding and a sense of peace by coming here daily. Thank you and God bless you richly… far above all you could ask for or imagine. In Jesus Mighty Name! Amen!

    Liked by 17 people

  5. The Third Man says:

    Send “the inscrutable Chinese” back to bicycles, pajamas, and flip flops. They’ll actually be much better off. The horrible pollution will be eliminated. They will be healthier. They’ll stop making crapola. Who knows? Maybe global warming will end 😎

    Liked by 1 person

  6. MaineCoon says:

    From the linked SCMP story:

    “… Pillsbury said, adding that such critics “feed on super hawks like Steve Bannon”, who “does not understand much about China”.

    Interesting comment as Bannon has been in the news a lot over recent months taped/interviewed on China. Pillsbury has a low opinion of him. That’s interesting. He presents as being knowledgable. Hmmm.

    Like

    • GB Bari says:

      While he appears to be quite learned and articulate on the trade and illegal immigration issues, Bannon’s ego burned a few bridges during his first trip through the White House.

      It is not surprising that other prominent “policy experts” who operate within the DC Swamp and who place (1) respect among Swampian peers as well as (2) accumulating a lot of political capital at the top of their priorities, would feel disaffected by Mr. Bannon despite his recent, well-presented speeches.

      IMHO. YMMV.

      Liked by 2 people

      • Fools Gold says:

        It’s pretty simple to me, Trump had to show the public Bannon sin in charge of global affairs, US affairs, or any other affairs for that matter…Bannon, bless his heart, got that message loud and clear.

        Like

    • fightthepols says:

      I believe Bannon did do business in China for awhile.

      Like

  7. James Carpenter says:

    “In essence Trump is mirroring the behavior of China while confronting their economic duplicity.”
    Those who understand this revel in it. Those who don’t are ripe for harvet in the blizzard of demagoguery blasted out daily by a subverted MSM.

    “President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed. President Trump has waiting three decades for this moment. This President and his team are entirely prepared for this.”
    It isn’t difficult to find economists who refute Trumps’ “leverage” by minimizingthe percentage of US/Chinese critical exposures. Without predicting which might be correct, you can safely bet your lunch money (or even the farm) that these same people “predicted” Hillary would be our first woman President.
    “Yes, President Trump, the man and his policy team, is an existential threat to the elitist hierarchy of things well beyond the borders of the DC Swamp.”
    If the eletist hierarchy cannot oust Trump by the time 2020 elction comes aorund… their remaing options are limited. Trying to kill him will undoubtedly float to the top of their list. “Existential” means a fight to the death. And dead is what they’ll settle for if it has Trump’s name on it.

    Like

    • Dennis Leonard says:

      A rational person would not say this,
      “If the eletist hierarchy cannot oust Trump by the time 2020 elction comes aorund… their remaing options are limited. Trying to kill him will undoubtedly float to the top of their list. “Existential” means a fight to the death. And dead is what they’ll settle for if it has Trump’s name on it.”

      Like

  8. Elric VIII says:

    The Chinese Panda’s fur on his backside is quite singed. It may get even more singed. The Chinese, no doubt, see what is headed their way. We can handle them. It’s the Wall Street / U.S. Chamber of Commerce crowd that we need to bring around to Main Street policy and activities. They are the ones who enabled the Chinese to the detriment of the U.S. in the first place. Whether it was simple greed, bribery and sedition, or treason is irrelevant. It must stop. It has almost completely infected the U.S. Congress. We can’t continue like this.

    Liked by 1 person

  9. LookUp says:

    Love that,”He has them surrounded”. Perfect.

    Liked by 3 people

    • Dutchman says:

      The reprise of those whonlose to DJT;

      “Hah! NOW, at last we got him RIGHT where he WANTS us!,…wha,…who,…HEY! How the H*LL does he DO that??!”

      Lol, and then they fall for it, again and again.
      You know why Nancy’s policy towards PDJT is ‘no negotiation’; vause every time she does, she LOSES.

      Like

  10. Pale rider says:

    If Japan is any precursor on surrender, I’d say hit them with everything now and get it over with. Any money they would lose is going to go straight to democrats to obstruct and impeach. If you squint a little you can see China’s hand on demm candidates and congressmen. You don’t have to squint to see it on the MSM.

    Like

  11. theresanne says:

    I live on a small island (around 7 square mile land mass) 635 miles south of Guam. The Chinese are here, in their Chinese government issued uniforms. If they are here, they are everywhere. I’m glad President Trump is taking them on.

    Liked by 6 people

  12. tom smart says:

    It’s not only China but Wall Street who will learn from Trump’s comittment to make Main Street the priority for all of us. You know, it’s odd that it took this long for us to have a President who understood this and who was willing to do anything about it. Does anyone remember Pat Bucannon?

    Liked by 2 people

    • Dutchman says:

      Tom,
      Yes, I remember Pat Bucanan; a Nixon speech writer, he was on McGlaughlin group, ran as a Nationalist, and dismantled Perots party after the election.
      So, definetly a mixed bag, but he DID tout a nationalist, or nationalist/populist line.

      Actually, Nationalist/Populist has a long and storied history. Perot certainly, some,argue Reagan wasn’t a ‘conservative’ so much as a N/P, and Goldwater as well.

      Like

  13. tom smart says:

    Does anyone doubt that DJT will be reelected? I’m frankly afraid that someone will take him out.

    Liked by 1 person

  14. Tiffthis says:

    I’m loving watching this dance and reading about it. 👍🏼💯

    Liked by 1 person

  15. The Boss says:

    I like the new OPEC acronym definition in the article. The US is now the main “OPEC”. Love it!

    Like

    • I think we could qualify under either definition of the acronym– We’re certainly an ‘Oil Producing Economic Country’ and since we now export LNG we’re legitimately a Petroleum Exporting Country, with an Organization of one. (Organization of the Petroleum Exporting Countries)

      Like

  16. SD mentions Big Ag again. What I have yet to read is who the $billions in aid to farmers actually went to. Big Ag, or the “owner-Operators” who own the farms.

    Liked by 1 person

    • The Demon Slick says:

      The important thing is to break the contract cycle. Farmers sell crops before they plant them. They sign a contract to produce and deliver x amount of whatever, then they plant it, grow it, harvest it, deliver it. This means that they’re committed and prices are locked in ahead of time. This lets the big club control production in advance. There’s nothing inherently wrong with the farmers trading flexibility for security, but it needs to be “reset” in order to adjust to the new reality. Disruption followed by a new order of business. Preferably, USMCA will enter the fray and help guide things so that our farmers have far more leverage.

      Liked by 7 people

  17. It’s just amazing how much I have learned here about economics. I always knew how to make money and play the long game for retirement…or so I thought. When SD finally got through my thick head that he knew far more than I did, my 401K started growing a lot faster. I got completely out of Emerging Markets and put that money into the Small to Midcap U.S. market. Against the advice I might add of my financial advisor. I realized he was advising me based on the globalists view, rather than the Sundance view. Thank you SD. I almost feel like I should split the profits with you. I do hit the donate button though. The automatic $25 a month is a bargain. Oh…and my advisor thinks I’m a genius.

    Liked by 4 people

  18. MicD says:

    Take notice when you shop.
    If it’s not stamped Loud and Proud “Made in USA”.
    Then it is not, walk on by.

    Liked by 1 person

  19. Becky Pacey says:

    I just realized something, it is China and not Mexico that will build our wall, Yippee! I love our Lion!

    Liked by 2 people

  20. CTH Fan in Los Angeles (i.e., a drop of red in a sea of blue) says:

    Thank you for everything you do, Sundance! If this were The Matrix, you would be Morpheus, giving us the “red pill” to see the world as it really is, not the illusion put out by the elites and the MSM. I can’t imagine how you can do all this plus your day job! Your parenthetical about OPEC may have been tongue-in-cheek, but if not, please allow me to humbly offer that it actually stands for the Organization of Petroleum Exporting Countries. Thanks, again, and keep up the great work!

    Liked by 3 people

    • Ad rem says:

      Welcome to the Treehouse Fan! (From another drop of red in a sea of deep blue.) 😀

      Liked by 3 people

      • CTH Fan in Los Angeles (i.e., a drop of red in a sea of blue) says:

        Thanks, Ad rem! I’ve been a multiple-times-a-day reader of and proselytizer for CTH for about two years now, but that was the first time I’ve posted a reply. It’s a great community that has organized itself around CTH!

        Liked by 1 person

  21. James W Crawford says:

    Trump’s most lethal economic weapon against China is to simply withdraw from the Middle East and let Iran wage war on Saudi Arabia. Some 8 million barrels of oil per day in oil production could go off line. The cut in oil production could be worse if the Saudis can not learn how to intercept cruise missiles.

    TORCH CHINA’S FUEL SUPPLY!

    Like

  22. Bob Parker says:

    Hey Xi, here is a new Chinese proverb for you to commit to memory:

    DO NOT F*CK WITH TRUMP!!

    That is what it all really boils down to.

    Oh, and while we’re at it XI:
    DON’T F*CK WITH THE USA EITHER!!
    it could get quite expensive XI

    Like

  23. RE: “President Trump has single-handily, and purposefully, stalled the global economy…”

    Many might infer that President Trump is maliciously shutting down the GLOBAL ECONOMY.

    PREFER: “President Trump has single-handily, and purposefully, stalled GLOBALISTS’ ABILITY to LOOT America.”

    Liked by 4 people

  24. dufrst says:

    Some great China vs US commentary by George Friedman. He states the geopolitical positioning plainly. In a phrase to sum it all up, China is f@#k%d!

    Liked by 1 person

  25. dufrst says:

    Always good discussion with Charles Payne and company. They talk about the economy and Pillsbury’s warning to China.

    Liked by 1 person

  26. Chieftain says:

    Poor Jerry Nadler.
    Pelosi’s House has loaded the Judiciary with:
    Hank (Guam) Johnson
    Sheila Lee Jackson
    Steve Cohen
    Eric Swawell
    Ted Deutsch
    Pramila Jayapal
    Ted Lieu
    etc.
    With folks like that being Committe Chair has to be one of Dante’s circles of hell.

    Liked by 2 people

  27. MD says:

    Even if China were to agree to a “deal”, they would immediately try to cheat on their end of it. They get their cues from the dems and news from CNN. They think Trump has no chance of winning re-election and then they can do whatever they want.

    Like

  28. A2 says:

    There is a follow up article in the SCMP,
    ‘Donald Trump warns China faces ‘toughest trade war deal ever’ if they wait until after US election
    Vice-minister for finance, Liao Min, will lead a Chinese delegation to Washington this week ahead of talks in October involving Vice-Premier Liu He
    Official media outlets, including Xinhua News Agency, the ‘People’s Daily’ and the ‘Global Times’, did not carry any commentaries after Tuesday’s confirmation’.
    https://www.scmp.com/economy/china-economy/article/3027807/donald-trump-warns-china-faces-toughest-trade-war-deal-ever

    True about the English language propaganda mouthpieces, but Weixin carried a commentary by Huang Qifan CF40 Academic Consultant, Vice Chairman of China International Economic Exchange Centre, “Huang Qifan’s latest speech: The industry chain is King of Kings, who deals with trade friction, and finance is a shield.’(黄奇帆最新演讲:产业链是应对贸易摩擦的王中王,金融是盾牌).

    The speech is lengthy and begins essentially justifying and lauding the Chinese development model, the new era under Xi, how adaptable the PRC is, how it promotes openness in the world 😂, and by contrast how the US has failed to address its domestic and foreign challenges in relation to economic matters particularly the tariffs and so on.

    This is not a HuXijin type Global Times rant. It is laid out systematically, with data points.

    After thousands of characters, the nub of his address focuses on finances. This is of course the major fear of Beijing and they will do anything to prevent a collapse. If China has a financial crisis all the manufacturing,logistics, BRI investment and the government party-state collapses.
    (excerpt)

    ‘Under the capital account, the free exchange of RMB should be slowed down. I wanted to use it for five years. Now I have to prepare for 10 or 15 years. Why? Under the trade war and the financial war, if the free exchange is likely to be vulnerable, the capital market, whether it is the Shanghai-Shenzhen-Hong Kong Stock Connect, should be gradually liberalized with a quota and a channel. Be cautious.”

    In other words, ‘China should put off free capital flow reform for another 10 yrs bc of the trade war. Also should push for RMB settlement in BRI countries to diminish exposure to US sanctions ‘

    ‘Finance is our shield. In a few cards, the trade war is under the framework of China’s current manufacturing industry, and there are markets and industrial chains, which have little impact on China. But if there is a currency war, if the financial shock, the loss will be big. Finance is the nerve is the blood, once frustrated, the impact on the Chinese economy will be relatively large. In this respect, we are on the defensive, defensive but shield, so in this sense, how do we play a good role in the financial shield?’

    ‘First, the supply-side reform of finance is a key moment for the reform of the financial supply side this year and next. We now have high debts for industrial and commercial enterprises. The debt ratio of industrial and commercial enterprises is 160% of GDP. This debt is the highest in the world. There are a lot of bad debts in it. Recently, we have seen a lot of crashes in the stock market. We must have these problems before the world financial warfare trade war. Otherwise, if these bubbles are all there, it is very troublesome for foreign enemies to come in. In addition, China’s real estate liabilities are also high, with an average debt ratio of over 80%, and 1 trillion yuan of real estate developers. In this sense, real estate developers are vulnerable to shocks. The real estate crisis is that the buyer’s debt is too high. Although the Chinese people are also in debt, the debt ratio is relatively stable. However, China’s real estate business has a debt ratio of 85%, which is slightly unexpected. In addition, our non-bank institutions are in vain. These financial problems are all financial structural reforms. The financial stability is stable and the economy is stable. If we do a good job, we must be self-reliant and win.’

    ‘Second, we need to further promote the cross-border RMB clearing system and the global financial clearing network based on the RMB. In 2009, China launched cross-border RMB clearing. After the initial year of tens of billions, last year was more than 3 trillion liquidation. This amount is small, accounting for only 10% of the 4 trillion import and export trade. %. If our system is powerful, if it becomes 20% or 30% in a few years, if there is a 10 trillion, or 15 trillion is the liquidation of the RMB, the RMB becomes a clearing currency like the euro yen, the US dollar The exchange rate war will be solved.

    On the other hand, China’s own futures market, oil, and futures markets are gradually opening. The bulk of the materials also use the renminbi. From this perspective, it is possible to promote the internationalization of the renminbi. On the other hand, the world’s countries and China have signed RMB exchange agreements and signed more than RMB 3 billion. If countries believe in China, the countries along the “Belt and Road” are friendly to China. Recently, some countries have issued RMB bonds. Some countries do trade with other countries. Currency that is not exchanged with US dollars but with RMB is beneficial to the development of the RMB.’

    It is too long to post the entire translation. But these are the key messages. He is correct. A financial crisis spells the end of the ‘new era’ with PRC characteristics.

    https://mp.weixin.qq.com/s/BlaEbPucBXVFY3PNpg2PnA

    Like

    • Short story (?):
      China wants Brazil, Russia and India to
      … buy RMB with Dollars and
      … use RMB to pay for China Exports
      … so China can devalue the RMB and multiply their Dollars at BRI expense
      … in order to replace the Dollar with the RMB in world trade
      … because BRI countries value enriching China
      … at USA expense as they negotiate Bilateral Trade Deals with us.🙄

      Message to BRI: Stupid is as stupid does.

      Liked by 4 people

    • Dutchman says:

      IIRC, PDJT has an arrow in his quiver, that would shut off international financial dealings with China.

      Instead of the death of a 1000 cuts of the tariffs, it would be a surekill shot.

      Sounds like this person giving the speech agrees, that it would be fatal, as he is aknowledging the vulnerability.

      I recall earlier linked articles of yours, on the housing bubble/crises, and the shakiness of their bank system.

      Seems like their system is not strong, at,all. It is very vulnerable.

      Like

  29. Rynn69 says:

    I am thankful for two things right now:

    1. President Donald J. Trump. Thank you, Lord, for giving us this patriotic man at this time in history.
    2. Sundance’s MAGAnomics articles/updates. Detailed and superior – a marvel.

    Liked by 3 people

  30. Fools Gold says:

    Simple theory here. Why do you suppose the heathens in congress and alaphet acrocnyms are throwing everything they got at Trump for the 2020 election? Except for a few good men he’s srounded by and his Talley’s are getting stronger, I’m surprised his life has been this long. Thank God he favors Trump and the land that flows with milk and honey, Amen!

    By the way Sundance I hope you have millions and millions of readers on our side! You’re a treasure and blessed to be choosen to bring the message forward!

    Liked by 1 person

  31. ezgoer says:

    China has no intention of negotiating any trade concessions with Trump before the 2020 election. You better believe they are being told by various interests that actions are planned that will make it impossible for Trump to win re-election. That could include actions to tank the U.S. economy and cause a recession, drawing the USA into another unpopular war in the middle east, to vote tabulation fraud to cook the outcome.

    Liked by 1 person

  32. A2 says:

    🚨
    Just in, will be confirmed later.

    PRC has dropped tariffs on soybeans and beef. No mention of pork yet, but that may follow.

    Liked by 1 person

  33. SwampRatTerrier says:

    Like the eay Pilsbury state like it is.

    …..Pillsbury points out there are a great many more ways that President Trump is prepared to respond if the combative trade position from China remains hostile to any concessions….

    Like

  34. John-Y128 says:

    China has been believing the back-channel communications from the left and the deep-state establishment about PDJT not being reelected, they’ll be WOKE on Dec. 14, 2020, when our E.C. turns on their votes!

    Like

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