Commerce Secretary Wilbur Ross, at the World Economic Forum in Davos, says the USMCA positions the U.S. to begin focusing on a new trade agreement with Europe and others. Secretary Ross notes the administration initiates the EU from a position that talks will be successful. It is only if talks are not successful that Europe has to worry about tariffs. Too funny:

…”Frankly, I’ve seen a little bit of a sense of panic among some of the Europeans, because they know that with us solidifying both the USMCA and China ‘phase-one’ we’re in much stronger negotiating position than we’ve ever been”…

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Last night President Trump congratulated Prime Minister Boris Johnson on his great win in the U.K. election, noting the possibilities for a big trade boost are “massive”:

Not accidentally, the geopolitical economic and trade planets have aligned splendidly.   The cornerstone USMCA agreement has bipartisan support and will ratify quickly in congress.  A “phase one” trade agreement with China is likely, and prior plans for a strategic trade deal with the U.K. have increased as a result of the U.K. election.
First rule in geopolitics, it’s always about the economics.  Second rule in geopolitics: refer to rule #1.    Understanding this basic truism is the key to understand how President Trump is able to be so effective.  There are trillions at stake, and many interests.

“Economic security is national security.” ~President Trump

All politics circles back to the underlying economics; whether it is an individual financial self-interest for a specific politician, or whether it is a larger financial interest for a group or even a nation.  Everything is always about the money; and that essential truth is why Donald Trump is so uniquely qualified, influential and stunningly effective.
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A “landslide”, a complete “wipe-out”, a “massive victory” appears looming for Boris Johnson and the conservative party in the U.K. if exit polls are accurate.

These blowout results guarantee a faster Brexit from the European Union and the leftist labor party in the U.K. has been crushed.  Conservatives look to have picked up 50 seats and Labor has lost 71 seats; the Scottish National Party (SNP) has picked up 20.
The “Remainers” in the U.K. have been decimated, and the voters who want to “Leave” the EU have fueled a massive victory for Boris Johnson.  Liberal heads are blown-out, bigly.

(Via Daily Mail) Boris Johnson hailed his new blue-collar Tory army tonight as it emerged he is on track to secure a staggering landslide in the election battle – with Labour’s ‘red wall’ of Brexit-backing strongholds imploding.

A dramatic exit poll shows voters handing the Tories a massive 368 seats, with Labour languishing on 191 – down 71 on 2017 and the worst performance in modern history.

The bombshell numbers would give a huge Commons majority of 86, the biggest since Margaret Thatcher’s triumph in 1987, and are equivalent to a 10-point lead in the popular vote. (more)

This result also has massive ramifications for a U.S-U.K trade deal; and subsequently major leverage for the U.S. (independently) and a U.S. – U.K. alliance in future trade negotiations against the European Union.
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National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the latest excellent jobs report and the overall strength of the U.S. economy.
Additional points of interest discussed are the U.S-China trade negotiations, the status of the internal Beijing communist control over their economy and the ongoing issues with the EU.  Lots of good MAGAnomic news.

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Well produced video highlighting the connective sentiment behind Brexit and President Trump.

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Trying to find the details within the U.K-EU Brexit deal is more difficult than finding evidence of a Yeti.  The negotiating team secrecy is inherent to the way the elites within the European systems work. Essentially the “betters” rule the proles by hiding the details and relying upon the electorate to “trust” the outlined framework of their elected superiors.
Hiding details is a feature within the European system and the way the government looks at their role.
That said, tomorrow British members of parliament will begin debating the deal for the UK to exit the EU.  The deal was modified by Boris Johnson.  A backgrounder:

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Farage is concerned, rightly, about how the framework of the EU customs union is constructed to influence the UK after Brexit.  From what can be determined there’s a triggering mechanism where the UK and EU begin a lengthy process to construct a UK trade agreement with the EU after Brexit takes place.
Within that post-Brexit automatic trade-framework is where the European Union is seeking to retain their influence over the United Kingdom. However, it is not accurate to overlay EU influence too heavily, and here’s why….
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Jumpin’ ju-ju bones – The Trump administration via U.S. Trade Rep Robert Lighthizer and Commerce Secretary Wilbur Ross won a massive $7.5 billion award as an outcome of the World Trade Organization agreeing with the U.S. against the EU and Airbus subsidies.  The WTO arbitrators decision is final and cannot be appealed.
This win sets the stage for President Trump to deploy $7.5 billion in countervailing duties against products from the EU.  Keep in mind, a final WTO ruling means the EU cannot retaliate against any WTO-authorized countermeasures.  The downstream ramifications are very significant. Think about it: at 25% the U.S. could tariff $30 billion in EU goods.

Man, talk about serendipitous timing… But first, here’s the press release from Robert Lighthizer:

Washington, D.C.–  The United States has won the largest arbitration award in World Trade Organization (WTO)  history in its dispute with the European Union over illegal subsidies to Airbus.  This follows four previous panel and appellate reports from 2011-2018 finding that EU subsidies to Airbus break WTO rules.
Today’s decision demonstrates that massive EU corporate welfare has cost American aerospace companies hundreds of billions of dollars in lost revenue over the nearly 15 years of litigation.

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Today, President Donald J. Trump met with Prime Minister Boris Johnson at the United Nations General Assembly. The two leaders reaffirmed the value of their Special Relationship and discussed ways to deepen bilateral ties, including through a comprehensive trade agreement. They acknowledged the importance of protecting the security of telecommunication networks, especially 5G, and agreed to continue close coordination to address tensions in the Middle East and respond to Iran’s increasingly belligerent behavior.  [Video and Transcript Below]

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[Transcript] – PRESIDENT TRUMP: Well, thank you very much everyone. It’s great to be with my friend, Boris Johnson. He just got a position that he’s having a very easy time with. It’s much easier than he thought. (Laughter.) They’re saying, “Is it tougher or easier?” He said, “Well, it’s…” — I guess, what he expected. I think it’s pretty much what you expected.
PRIME MINISTER JOHNSON: It is.
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The European Central Bank (ECB) announced Thursday an indefinite supply of fresh asset purchases and deeper cuts to interest rates, into negative territory, as it tries to prop up the ailing euro zone economy.  These are EU financial counter-measures to the geopolitical trade realignment triggered by U.S. President Trump.
The EU is driving down the value of their currency in an effort to help prop-up the French and German economies that are dependent on exports.  In essence, the financial and economic positions of the EU and China are connected.  The more pressure the U.S. (Trump administration) puts on China, the less China can purchase from the EU.
With that as the backdrop, Treasury Secretary Steven Mnuchin holds an impromptu press conference outside the White House on China trade, Huawei and the bond market.

 

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If this simple procedure is true, wow… It would mean all of last week’s parliamentary teeth gnashing by the usurping Never-Brexit MP’s was essentially irrelevant.
According to a Reuters report, Prime Minister Boris Johnson simply needs to attach a letter to the Brexit delay legislation saying the U.K. government officially does not request any extension beyond October 31st.  Then ignore it.  That was easy.

(Reuters) – British Prime Minister Boris Johnson has prepared plans to legally stop any Brexit extension, the Daily Telegraph bit.ly/2ZP87Yc reported late on Sunday.
Johnson’s advisers held a meeting on Sunday to counter the strategy to prevent the British parliament’s attempts at enforcing a three-month Brexit extension if no new deal is agreed, the newspaper reported.

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