After President Trump had a direct telephone call with Chinese Chairman Xi Jinping, President Trump announced from the Oval Office that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer would meet with their counterparts from China again, only this time Bessent and Greer will be accompanied by Commerce Secretary Howard Lutnick.
President Trump repeated the same announcement via Truth Social: “I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference to the Trade Deal. The meeting should go very well. Thank you for your attention to this matter!”
While each of the trade Wolverines have teeth, Howard Lutnick is the enforcer. The issue surrounds prior promises made in Geneva to Bessent and Greer on the continuation of mined and refined rare earth minerals from China needed in batteries.
The addition of Lutnick is akin to President Trump saying, go ahead and make the promise again – only this time Lutnick will be there to spell out the consequences of inaction.
President Trump cannot send Navarro, yet, because Beijing hates him too much. It would be impolite to expose the Pandas to their arch nemesis. However, if things don’t go well, we might just see Navarro on the upcoming trip to China with President Trump. lolol


Return of the ‘American System’: Trump’s economic comeback
https://www.theblaze.com/columns/opinion/return-of-the-american-system-trumps-economic-comeback
Maintaining a level playing-field instead of promoting special interests is the magic wand that puzzles Barack Obama so much.
All the waste they claim to be so concerned about would rapidly fall by the way-side and you would witness Conservation like you’ve never seen before; it would become part of the profit motive, and inject frugality throughout the culture. All of us older people that grew up in this kind of system can bare witness to the fact how every spec of natural resources were utilized (Americans were great Conservationists), “The Way Things Work” Simon & Schuster, Volume one 1967, Volume two 1971.
The exponential advantages are tough to express in words. The impact would be everywhere. Add some basic manners into the equation and the lives we could be living in the 21st century would be hard to express in words also.
Not to mention a modern society has to function that way or die, fake money won’t be able to prop it up.
Well said friend. Being an old Buchananite Populist rebel I never thought another America First Populist would be able to rise from the GOPe traitors and was shocked when then candidate Donald J Trump picked up the banner and ran with it like no other ever in my lifetime. When I realized he is going to return us to the American System, I was shocked pleasantly of course. The following article I have posted before, its quite good, important to notice that the Wharton School in which President Donald J Trump was a student of, was created to teach its students about the American System. I found that to be of the highest importance for may reasons, not the least to his detractors from the Mockingbirds.
The Forgotten American System
https://theimaginativeconservative.org/2025/01/forgotten-american-system-thomas-maino.html
No wonder why the traitors in Congress/media/Corporations etc were/are all “Free Trade” supporters.
“the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.” Karl Marx
Conservatives and Destructives.
Sounds like perfect description of MAGA and the Uniparty.
Also a game we should encourage our children to play from infancy, with the Destructives sporting garish dress, endlessly plotting perfidy, and the Conservatives fighting like righteous lions that love their cubs.
Yes, I believe that’s because after Clay died one of Carnegie’s men became the principle advocate for the American system and Lincoln’s economic advisor–Henry Carey, whose library was subsequently donated to the U of Penn on his death. Like Lincoln, Carey was in government principally to sow the ground for railroad cartels, the advent of which began the cartelization of the American economy we live in to this day. He was a huge advocate of the centralization of government power, of government intervention in the economy, and utopianism. Although somewhat strangely, unlike Clay, Carey was an advocate of free banking. Go figure. Marx was a reader of his work and considered him to be the only serious American economist.
“My wand is bigger, longer, and stronger than ever before”
https://en.wikipedia.org/wiki/You_didn%27t_build_that
Ur female but have a wand?
I’d say be careful what you wish for. This is neither the America of Henry Clay, nor the global financial system. Among other things the government is orders of magnitude larger, and money itself has a completely different nature. And people forget that the American System nearly led to civil war in the 1830s and contributed to the eventual civil war.
Also, I read Miren’s paper (the so-called playbook for the tariff system) back in January and it was not issue-free shall we say. Much of it is speculative as there is no way to know what all the consequences (intended and unintended) will be from enacting such a policy in today’s world.
It might work as a temporary band-aid on a dysfunctional global financial system. It might not. I’m keeping an open mind since it cannot be truly judged until it is in action. I will say though, that there is no chance of a tariff system fixing things in the long-term. That’s partly because the dysfunctions of the global financial system cannot be cured by one nation’s tariffs. And also because that’s part and parcel of any tariff system… they can only work temporarily, and knowing when to lower or eliminate is difficult to ascertain and nearly always politically impossible. South Carolina had to threaten civil war to get them lowered to a reasonable level. And just finding that reasonable level requires guessing. Now will nations do the same as South Carolina?
We also need to keep in mind that the principle justification of re-implementing the American System is military in nature, not economic.
Money has the same nature that has always had – a means of financial transactions and settlement of debt, usury, accumulation of wealth and power and the ability to manifest evil. Those attributes are timeless.
The ‘almost’ civil war of the 1830s was caused by the exploitation of American interests by the same City of London actors that are behind the creation of the Federal Reserve in the 20th century and has put the US and the world in the precarious position or enslavement of the many by the few.
Andrew Jackson ended the foreign owned Second Bank that led to an explosion of wealth generation in the US until the Civil War.
There is NO credible speculation as to how tariffs will benefit the US. Both Trump and Sundance have outlined the history in detail how McKinnley used tariffs that led to greatest economic prosperity this country has ever had. And he like Kennedy taken on the Globalists of the day was assassinated by an nut job under the influence of an anarchist socialist subversive.
You have no way of no knowing current tariffs will not work when the historic evidence of the McKinnley era and during Trump term 1 prove otherwise.
And it is not the job nor responsibility of America to ‘fix’ the Globalists’ global financial system. Never was and never will be.
South Carolina’s threat was thwarted because the President of the time, Jackson, completed agreed with their position in regards to how it would protect the US.
America’s might is Main Street economics aka MAGAnomics and not military might to be used as pawns for Globalists nor foreign interests and that is why Trump rightfully focuses on economic issues.
Military might is derived from economic power.
Economic strength and power is tantamount to national security that is provided by the military might it creates.
Revisionist histories are easily dispelled and debunked when one knows enough history to expose the facts and contexts omitted from arguments intended to drive an agenda.
With regards to money, you are talking about function, not nature or essence. There is a difference in nature between bank scrip, gold and/or silver standard, gold and/or silver specie, and FRNs. All four of those systems are different in nature while purporting to serve the same function (to a better or lesser degree). And we are not presently on any of those four systems. Money is now ledger money and FRNs are essentially a monetary substitute by this point in time. Present ledger money is debt, so it must be loaned into existence. As a thought experiment, in the world we live in, if all debts were paid, the money supply would be zero. That is not the world the American System was used in before, thus no analogy to those systems holds logically. Same with the size of the government, its share of GDP and the ability to finance that gov’t with trade, which as a whole is smaller than the government’s portion of GDP. Thus mathematically impossible, if that is the goal.
Secondly, American system advocates back in the day were advocates for central banking. A centralized banking system was thought essential to success. No American System economist today would ask for the dissolution of the Federal Reserve. Not to mention there have been British activists acting on our shores on a multiplicity of issues (some of them contradictory, and purposefully so) pretty much since the first congress. Bringing them up only serves to obfuscate. Regardless, South Carolina specifically threatened civil war specifically over the tariff system.
I explicitly state that in my post. Dear lord. And it is quite obvious NO ONE can know whether it will succeed or fail. It is simply not possible, we are dealing with complex systems. Much like the Fed can’t steer the economy like a car. But hey, maybe you do have the powers, maybe you are an omniscient god. I have no idea. But I’m too humble to go there myself, hence the disclaimer you completely missed.
So? What does this have to do with anything? If it came down to it, since the system is global, you’d want a say though, right? Other than that, this is a complete straw man, since nowhere in my post do I intimate such a thing. And one would think that since you are posting on this topic, you’d rather cure the root cause than attend to the symptom (America experiencing Dutch Disease). I’m okay with Trump trying the bandaid, because I don’t see the root causes changing without crisis, and even then there will be a battle over how to fix said crisis. So let’s do what we can for now.
That’s correct, along with the reduction of tariffs that followed South Carolina taking its stand. Amongst many other things. Econ can rarely be simplified down to the reductionist level of your sentence.
Precisely the reason for my original post. But I try to be gracious and respectful of others rather than indulging in snide putdowns. Your mileage seems to vary.
As for the claim that McKinley oversaw the greatest economic prosperity the country has ever seen simply due to his tariff policy (an unproveable statement as there is no way of eliminating all other variables), please point out on this chart of REAL per Capita GDP (so inflation adjusted) since 1776, where that upswing of McKinley prosperity occurred:
https://historyb.com/wp-content/uploads/2023/12/gdp-in-us.svg
And of course, your assertion would also be subject to questioning such as… why didn’t tariffs in earlier decades produce the same prosperity as McKinley? Why didn’t the higher tariffs of 1830 produce even more prosperity rather than incite secessionary sentiments? And why has prosperity actually been much better since McKinley?
Some events, such as the Alaska gold rush, seem difficult to untangle in order to prove things like the benefit of a gold standard or tariff policy. The generational recurrence of financial panics seem to me to have a bigger influence on the perception of prosperity, and I’m not sure tariff policy had a impact on that.
Solon, it appears that you believe everything is unknown, which to a degree it is.
Maquis, was implying that it IS somewhat known that the tariffs could work, from reviewing historical perspectives. 47’s tariffs are based on 45’s most recent success with the tariffs working. Is that in dispute that they did work last time?
You act like everything is unknown and that there are so many variables that it is impossible to determine what will happen—until you do it.
While, there is some truth to that, there is also logical reasoning of what you can expect to happen, given certain circumstances. There is also the study of economics. There are still people who believe failed economics concepts like the Keynesian economic model might work.
It is the same with political systems. Socialism and communism are great theories. They seem fair and maybe even more just. But like more academic theories, created by academics who live if fantasy worlds, in a bubble and are overpaid and never worked a day in their life, they have failed miserably in all occurrences throughout history.
Yet, the academics convince people that they WILL—that the hundreds (thousands??) of times tried, they weren’t implemented correctly or something else externally was wrong and that’s why it failed.
No, they are just failed systems.
It’s also interesting that you say everything is pretty much unknown because of all the variables—but yet you know tariffs cannot fix the problem… You concede maybe temporarily but not long term. That, you are absolute about. That is very interesting.
Its amazing how Perfidious Albion manages to insert themselves in the middle of anything globally important.
Is amazing how well defended they are when their interests are at risk.
Navarro with POTUS? Oh, I’d LOVE to witness that!
I like Lutnik’s portrait above…smiling as usual.
(I checked before commenting. So well chosen 👍🏻)
I hope our POTUS has the 200%+ tariff stick ready. The Chicoms are a bunch of lousy lying scumbags.
If there was one man that I would love to have a coffee with, I think it would have to be Howard Lutnick. Every interview is in your face non-pretending.
I absolutely loved how he laughed at Canada having like just a few planes. Canadians need to hear his non-pretending words, because they sure don’t get to hear reality from Canadian politicians or media.
He will be an excellent addition to the trip to London.
DD
Coffee? Oh for me, it would be Tulsi. Yes, I will be flirting heavily…
(sorry, DHS Barbie, them botoxed lips don’t make the grade)
yesterday Peter Navarro spoke to the press outside the White House about tariffs; 11 minutes:
Love him, thank you!
Remember when Musk said Navarro is “dumber than a bag of rocks” or something like that?
That told me a lot about both men.
WOLVERINES!
I didn’t think I’d love any Trump Trade Team better than the 1.0 version, but I was wrong! 2.0 version is just great too! This niche of PT’s administration is where PT shine in his choices because they aren’t politicians.
1.0 was a helluva trade team MC…but 2.0 is a little better, a little stronger, a little deeper… I wouldn’t want to live on the difference.
The US needs to start establishing a pattern that it is a trade partner that can be relied on to follow through and stick to their agreements.
For example there is a lot of upheaval that China did not stick to the rare earths agreement made in geneva and magnets.. However I believe it went down that the very next days the US imposed a additional trade restriction on shipping nuclear power plant parts to China.
So this looks like Trump Admin is promising one thing and the very next day someone either randomly decides to throw up additional trade barrier or it shows Trump Admin is not in control.
The Chinese of course did not like this / were blindsided so stuff ensued.
The same on a different scale with Ukraine. On the one hand there is a bunch of fuss around peace talks, and on the other the US does not apparently know anything about an attack on Russia’s nuclear triad that has been in the works for allegedly 18 months. It just has the semblance of untrustworthiness or of incompetence or somewhere in between.
Minsk 1 and Minsk 2 and Istanbul agreement and NordStream 2 being other “We say one thing and we seem to be doing something completely else” instances.
The US more than anything needs consistency of behavior and a “win” in being consistent and doing what they say and sticking to what they promise. How else can you expect to make any lasting trade agreement with a foreign nation?
Fabulous MAGA Wolverines!
Love them all!
👊👊❤️❤️🇺🇸🇺🇸🙏🏻🙏🏻
President Trump put the A-Team on Trade/Tariffs but the DoJ got the Z-Team.
To hell with Chinese government. They are not budging and neither are we.
Devious people and not to be trusted. I believe that you said that leader to leader personal talks are honest, like Putin and Trump. Xi is the blatant exception.
Go get ‘em MAGA Wolverines!! 💥🇺🇸💥🇺🇸💥🇺🇸💥
Love this,will sleep good tonight! Lol
I love Peter Navarro. He was the lone voice in exposing Wuhan lab leak culpability of China and I agree that China owes us $20T in damages from intentionally leaking Wuhan Virus to the US.
Gotta love it.
Wait, “continuation of mined and refined rare earth minerals from China needed in batteries.” What’s Musk’s response to that, start a new third party?🤣