The backstory is so transparently corrupt it requires an explanation, so we’ll go down the full rabbit hole and explain how China knew – to a demonstrable certainty – their multi-billion dollar investment in Mexican EV plants would be useful.

 Always remember, there are trillions at stake.

First, who was installed in the Biden White House in charge of all personnel and staffing?  Catherine Russell. {SEE HERE} Who is Catherine Russell?  She’s the wife of Tom Donilon, a long-time aid and advisor to Joe Biden who served in the Obama White House.

After serving as Obama’s National Security Advisor (prior to Susan Rice), Tom Donilon then went on to become “Chairman of the BlackRock Investment Institute {SEE HERE}.”  His job was literally to “leverage the firm’s expertise and generate proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation.” 

In essence, the Donilon family represented the interests of Blackrock in the White House.

Second, Tom Donilon’s brother, Mike Donilon is a Senior Advisor to Joe Biden {link} providing guidance on what policies should be implemented within the administration.  Mike Donilon guides the focus of spending, budgets, regulation and white house policy from his position of Senior Advisor to the President.

In June of 2022, Blackrock’s Tom Donilon was then appointed to be co-chair of U.S. Department of State’s Foreign Affairs Policy Board {SEE HERE}, in charge of U.S-China policy.  Can you see where this is going?

Blackrock, a massive multinational investment firm with assets in the tens-of-trillions, was essentially guiding/constructing the policymaking of the White House, through Tom Donilon, Mike Donilon and Catherine Russell (Tom’s wife).  Blackrock then took out massive investment stakes in China, including in the Chinese auto-making industry, with specific focus on EVs.  Tom Donilon, now shifting to the State Dept and guiding US-China policy, was the Blackrock government embed, ensuring policy that would keep their investments lucrative.

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The headline is the non-pretending reality.  Now that Joe Biden has designated EPA mandates for U.S. automobiles that include having at least 50% of all new vehicle sales be electric by 2030 {LINK}, three major Chinese EV manufacturers are reportedly building manufacturing facilities in Mexico.

Blackrock investments steer WH policy {Go Deep}. Blackrock investments are heavy in China and EV production.  Blackrock returns on their investments would be substantial with Chinese EV production in Mexico.  Quite a coincidence.

BUSINESS INSIDER – Three major Chinese EV companies are planning to build new factories in Mexico, sparking concern among US officials, according to a new report.

MG, BYD, and Chery are all looking at sites to build new factories in the country, according to unnamed sources cited by The Financial Times, and this investment is causing angst in Washington as it seeks to keep China out of the US electric car market.

US officials have reportedly raised concerns with their Mexican counterparts over Chinese investment, with the new sites potentially including a new $1.5 billion to $2 billion MG electric car factory and a factory investment worth hundreds of millions of dollars from Warren Buffett-backed Tesla rival BYD.

China’s electric vehicle market is booming, and local manufacturers are increasingly looking to expand overseas amid cutthroat competition for customers back home.

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BlackRock, Inc. (together with its subsidiaries) is a massive publicly traded multinational investment firm with over $8.68 trillion in assets under management [December 31, 2020 financial statement] in more than 100 countries across the globe.  To say that Blackrock is invested in globalism, climate change and leftist politics, would be a severe understatement {See Here}.  Larry Fink is the CEO and people like Cheryl Mills, Hillary Clinton’s attorney of record, are on the board.

The Chairman of the BlackRock Investment Institute, the guy who tells the $8.7 trillion investment firm BlackRock where to put their money, is Tom Donilon; President Obama’s former National Security Advisor (before Susan Rice), and a key advisor to Joe Biden throughout his career in politics; who was also recently put in charge of U.S-China policy by the State Dept. {link}

Tom Donilon’s brother, Mike Donilon is a Senior Advisor to Joe Biden {link} providing guidance on what policies should be implemented within the administration.  Mike Donilon guides the focus of spending, budgets, regulation and white house policy from his position of Senior Advisor to the President. Tom Donilon’s wife, Catherine Russell, was the Biden White House Personnel Director {link}.  In that position Donilon’s wife controlled every hire in the Office of the Presidency. Tom Donilon’s daughter, Sarah Donilon, who graduated college in 2019, now works on the White House National Security Council {link}

Yes, Blackrock, the world’s largest investment firm, is essentially in a private-public partnership with the Biden White House fraught with massive financial conflicts of interest. Tom Donilon is the bagman.  The Donilon family coordinates the Biden foreign policy toward Ukraine, and the Donilon family positions Blackrock financially to benefit as a specific outcome of the relationship with the Biden family and the White House.  Now this….

WASHINGTON DC – Zelensky and BlackRock CEO Larry Fink met virtually on Wednesday, the president’s website revealed, and discussed plans for the financial behemoth to play a prominent role in the postwar reconstruction of Ukraine, which has been subjected to massive Russian depredations for most of this year.  Plans for BlackRock leaders to visit Ukraine in the new year were finalized at the meeting.

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It is always worth a reminder when reviewing anything from Blackrock, that the institutional investment firm has strong ties to almost every sphere of White House policy.

Today Blackrock is warning of severe economic conditions looming, the unspoken origin traces to the collective western economic shift in energy policy, aka “Build Back Better.”

As noted in the Blackrock warning, under the auspices of inflation control, central banks can try and shrink economic activity – but they are limited.  Organically, economies will free fall once the full weight of BBB energy policy accumulates.

(Business Insider) – […] A worldwide recession is just around the corner as central banks boost borrowing costs aggressively to tame inflation — and this time, it will ignite more market turbulence than ever before, according to BlackRock.

The global economy has already exited a four-decade era of stable growth and inflation to enter a period of heightened instability — and the new regime of increased unpredictability is here to stay, according to the world’s biggest asset manager.

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West Virginia Treasurer Riley Moore lead the way earlier this year in removing Wall Street financial firms from holding state funds due to ‘Environmental, Social and Governance’ or ‘ESG’ climate change ideology driving investment decisions.

West Virginia had been the tip of the spear since early 2021 {link} removing Blackrock in January of 2022, and even removed banking contracts from multiple investment firms during the battle and asked other states to join in the effort {link}.

Today, Florida Chief Financial Officer Jimmy Patronis announced the DeSantis administration would be following the lead from West Virginia.

[FLORIDA] – […] State Chief Financial Officer Jimmy Patronis announced Thursday that Florida will immediately freeze about $1.43 billion in long-term securities and about $600 million in short-term overnight investments managed by BlackRock because of the firm’s use of “Environmental, Social, and Governance” standards — known as ESG.

Patronis in a prepared statement said he doesn’t “trust BlackRock’s ability to deliver” and “BlackRock CEO Larry Fink is on a campaign to change the world.”

“Whether stakeholder capitalism, or ESG standards, are being pushed by BlackRock for ideological reasons, or to develop social credit ratings, the effect is to avoid dealing with the messiness of democracy,” Patronis said.

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The conflict of interest is simply off-the-proverbial charts here.   Tom Donilon is a deep DC swamp operator and has been for his entire career.  Donilon is connected to every tentacle of the Obama and Biden administrations.  Donilon is also the Chairman of the BlackRock Investment Institute.

We have written about the conflicts {Go Deep Here} and {Go Deep Here}, but this move by Secretary of State Anthony Blinken is stunningly fraught with serious conflicts of interest.

Tom Donilon’s literal job description at Blackrock is to “leverage the firm’s expertise and generate proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation,” and the State Dept has just appointed him as Co-Chair of the U.S. foreign policy advisory board.

Specifically, the Biden administration has just put Blackrock Investment Institute Chairman Tom Donilon in charge of U.S-China policy.

How in the proverbial hell can this be permitted?  That’s way beyond a rhetorical question.   The Dept of State has selected a team of Wall Street control agents to guide global U.S. policy.

(STATE DEPT) – Today, Secretary Blinken announced his selections for the U.S. Department of State’s Foreign Affairs Policy Board.

Since its establishment in 2011, the Board has provided independent advice on the conduct of U.S. foreign policy and diplomacy, consistent with each Secretary of State and administration’s evolving priorities for it.

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When CTH outlined the ‘Destination Handbasket’ framework {Go Deep}, we had no idea Blackrock CEO Larry Fink was essentially going to confirm the premise of our prediction.  Keep in mind, any digital currency can only work if there is a digital identity attributed to it – what some have called a digital passport which then creates a crypto wallet.

I have based the framework, of what appears to be over the horizon, on a set of inevitable geopolitical outcomes if the current path is continued.  The letter by Blackrock CEO Larry Fink [LINK] seems to affirm the strongest likelihood of a western-inspired digital currency eventually replacing the dollar.

NEW YORK, March 24 (Reuters) – BlackRock Inc’s (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades.

In a letter to the shareholders of the world’s largest asset manager, Fink said the war will push countries to reassess currency dependencies, and that BlackRock was studying digital currencies and stablecoins due to increased client interest.

“A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption”, he said.

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With Joe Biden in the White House you can expect to hear the name “Blackrock” in the headlines connected to a variety of issues from real estate purchasing to green energy projects with massive domestic and international investments.

BlackRock, Inc. (together with its subsidiaries) is a massive publicly traded multinational investment firm with over $8.68 trillion in assets under management [December 31, 2020 financial statement] in more than 100 countries across the globe.  To say that Blackrock is invested in globalism, climate change and leftist politics, would be a severe understatement {See Here}.  Larry Fink is the CEO and people like Cheryl Mills, Hillary Clinton’s attorney of record, are on the board.

Inside BlackRock there is a division called the BlackRock Investment Institute (BII) {See Here}.

Essentially the role of the BII is to tell BlackRock what is going to happen around the globe, and be the tip-of-the-spear in directing BlackRock where to invest money by predicting political events.

The Chairman of the BlackRock Investment Institute is Tom Donilon, President Obama’s former National Security Advisor (before Susan Rice), and a key advisor to Joe Biden throughout his career in politics.

You cannot get more deeply connected in the swamp financial schemes than Tom Donilon.

Donilon has been in/around government for 35+ years, deeply connected.  Before joining the Obama administration Donilon was a registered lobbyist from 1999 through 2005 for O’Melvney & Myers. {Bio Here} Tom’s sole client was Fannie Mae.  Fannie Mae is a government-backed private corporation that sells mortgages to investors.

Donilon took the lobbying gig because he was previously Executive Vice President for Law and Policy at Fannie Mae where he was responsible for Fannie Mae’s legal, regulatory, government affairs, and public policy issues.  Tom Donilon’s BlackRock Biography reads like a who’s-who of connections to the swamp {READ HERE}

Here’s where it really gets interesting.

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It was predictable [SEE HERE], and it happened exactly as predicted.

BlackRock investment firm writes the regulatory and economic policy for Joe Biden’s administration. That’s the quid-pro-quo that maintains the Biden political financial operation. All of DC know it. No one does not know. The ones who claim they do not know about it are all pretending. Republicans take the background BlackRock bribes and pretend.

BlackRock positioned massive investment assets inside Chinese auto manufacturers, MG, BYD, and Chery. The three Chinese companies are in the process of moving North American auto manufacturing to Mexico, specifically to make EVs. The Chinese EVs made in Mexico will come into the U.S market tariff free under the USMCA trade agreement. China and BlackRock will make billions.

Today, Joe Biden announced a series of tariffs against China in the EV industry. [SEE HERE] The Chinese EVs are not being made in China. The tariff regime is a farce – a total joke.

Biden might as well be announcing tariffs on Chinese swimming pools flown into the USA via hot air balloon.  There will be more Chinese swimming pools delivered from China than Chinese EVs.  The Chinese EVs come from Mexico.  The tariff is fake.

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Perhaps it’s just because the election is only a few months away, or perhaps it’s because President Trump’s trade and economic policies toward China were always the right approach for the USA.  Whatever the reasoning, the Biden administration is now proposing to use tariffs against China just like President Trump.

There’s a hidden dimension to the Chinese EV angle that makes this claim a little dubious, I will explain after the topline big story.

Overall, the New York Times is reporting [SEE HERE] that Joe Biden and USTR Katherine Tai are likely to trigger massive tariffs against imported Electric Vehicles (EVs) from China, perhaps as much as 100% due to the low cost of Chinese production.  Additionally, the Biden administration is considering increasing the tariff regime against imports of Chinese steel and aluminum in a bid to protect the American industry.

On the EV issue, this tariff approach is politically duplicitous by Biden against the backdrop of massive investment in Mexico by the three largest Chinese EV automakers. Last December the three Chinese auto manufacturers, MG, BYD, and Chery, announced they were going to spend billions building new EV manufacturing plants in Mexico.  Each Chinese auto manufacturer was going to spend between $1.5 to $2.0 billion.

Those Mexican built Chinese EV’s would pass into the USA market under current USMCA trade rules and regulations, as long as they technically meet the material origination rules.  This can make tariffs against the Chinese imported EVs a moot point, because China will be making them in Mexico (North American trade agreement).

One of the reasons President Trump said the U.S. auto industry would suffer a “bloodbath,” is specifically because the current Chinese auto companies are targeting these EV’s in the $10,000 or less range.  If you want to see what it looks like when cheap Chinese EV’s start to flood a consumer market, visit Russia – the western sanctions have only increased this flow.  I can see it clear as day.

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