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Sacrebleu! – President Trump Prepares to Unleash Wilbur Ross on Justin and Emmanuel…

Emmanuel from France arrived in Canada two days ahead of the G7 so he could connect with Justin from Canada and plan a unified strategy against U.S. President Trump’s economic position. Not kidding, they really did. Like a plan. Serious. No Joke.

Individually they feel insecure, so Justin and Emmanuel formulated a plan to create an economic G6 unity effort to defend against Godzilla Trump. [Who remained in DC holding meetings with Shinzo Abe to talk about C-VID and North Korea] Yes, while Justin and Emmanuel were discussing how to throw whines and cheese at Trump, President Trump was planning how to defend the world from nuclear proliferation.

Then something funny happened. After deep talks about C-VID were settled, Godzilla Trump looked up and saw the two giggling kids trying to tie the string from the perched water bucket to the door handle.

President Trump always looks for the opportunity to emphasize the looming caricature people create of him.  It serves his interests; and he enjoys playing cat and mouse with his opposition.  So Looming Trump stealthily walks up behind the kids right before dropping the bowling ball on the floor. BOOM:

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Trade News – MAGAnomic Results Overpowering Multinational Politics…

There are visible economic indicators today that positive U.S. MAGAnomic results are overwhelming the voices of purchased political leaders trying to sell a narrative of doom around President Trump’s tariff proposals and reciprocal trade reset. A key point is the U.S. stock market growth amid tariff, trade and NAFTA withdrawal discussion. As CTH has discussed the eventual trade outcomes appear baked into the latest market analysis.

Bolstered by election results showing increased momentum for team MAGA, and decreased likelihood for a Democrat wave, the overall economic news -and factual corporate bottom line results- are flooding the zone with optimism. Amid the strong foundation for U.S. investment and economic growth, the reciprocal trade strategy is no longer heavily feared. Simply put, the ‘America First’ policies are working.

Not only are Trump’s economic policies working (jobs, wages, investment growth), but they are gaining massive momentum as analysts begin to quantify the possibilities of expanded economic growth well beyond the -formerly outrageous- 3% GDP target. The ceiling is being raised faster than the winnamins can be digested.

Amid this U.S. MAGAnomic environment, threats of counter-tariffs by Mexico, Canada and the EU are as useless as feathers in a hurricane:

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NEC Chairman Larry Kudlow Press Conference on G7 and Trade…

National Economic Council Chairman Larry Kudlow conducts a press conference to discuss the upcoming G7 summit in Canada; the pending North Korea Summit; and the current U.S. trade initiatives.

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Trade and Tariffs: Prime Minister Justin Trudeau Full NBC Interview…

The essential argument made by Prime Minister Justin Trudeau during this interview was already addressed in the preview segment prior to broadcast – SEE HERE –  However, here is the full interview as broadcast on NBC Meet The Press with Chuck Todd.

The interview is a typical narrative engineering attempt by Chuck Toad; however, beyond the narrative, for those who pay close attention to the economic issues, there are some key elements which deserve attention:

  • @04:05 Trudeau admits the problem with corporate transshipment of Chinese Steel into the U.S. market – through Canada via the NAFTA loophole.  While Justin from Canada frames the issue from their own national efforts to stop the practice, you’ll note how he avoids taking ownership…. it’s called ‘willful blindness‘.
  • More importantly at @08:17 the topic of NAFTA surfaces. Pay close attention.  Not only does Trudeau speak in past tense (reinforcing the reality that all parties have accepted that NAFTA is essentially dead), but moments later @09:00 he admits the Canadian trade and manufacturing economy is set up as a brokerage (ie. multinational corporate investment) dependent, exclusively dependent, on access to the U.S. market.

WATCH:

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Once you see the strings on the marionettes, you can never go back to a time when you didn’t notice them.

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Sunday Talks: Larry Kudlow -vs- Chris Wallace

National Economic Council Chairman Larry Kudlow appears on Fox News with swamp guardian Chris Wallace to discuss North Korea, trade, tariffs and stunningly good economic and jobs results.

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Hypocritical G7 Ministers Rail Against Audacity of The U.S. Trade Position Requiring “Reciprocal and Fair” Trade Deals…

“No more stupid trade deals” ~ U.S. President Donald Trump

From the G7 Mission Statement outlining the objectives of their meeting: “From May 31 – June 2, 2018, G7 Ministers responsible for development cooperation met in Whistler, Canada, to discuss their shared priorities on some of the most pressing global development and humanitarian challenges, including advancing gender equality and the empowerment of women and girls.”

However, as the G7 finance ministerial sessions wrapped up today, all the talk centered around their collective, and stunningly hypocritical, angst at new United States trade policy; specifically the imposition of Steel and Aluminum tariffs on imported goods.

France, Canada, the United Kingdom, Germany, Japan and Italy all have trade tariffs and trade barriers far higher than the U.S.  Each of the G7 nations has exploited the overwhelmingly one-sided access to the U.S. market for decades.  As President Trump demands “reciprocal and fair” trade agreements – those same nations now balk at the same rules and duties they impose on the U.S. now being imposed against them.

The European Union is a non-enumerated member of the G7, and does not chair nor hosts Summits; however, the EU head joins with the G7 in collective angst against a U.S. trade reset.   It’s hilarious to watch them going bananas.

WHISTLER, British Columbia (Reuters) – Finance leaders of the closest U.S. allies vented anger over the Trump administration’s metal import tariffs but ended a three-day meeting in Canada on Saturday with no solutions, setting the stage for a heated fight at a G7 summit next week in Quebec.

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Prime Minister Justin Trudeau Discusses Tariffs and Hurt Feelings With Chuck Todd…

NBC is promoting an upcoming interview with Canadian Prime Minister Justin Trudeau surrounding the recently imposed steel and aluminum tariffs and the Canadian response.

Justin from Canada continues pushing the ridiculously obtuse narrative that tariffs to protect the U.S. steel and aluminum industry represent President Trump saying Canadians are a national security threat to the U.S.

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It’s too bad NBC’s Chuck Todd didn’t interrupt Justin from Canada after the “aluminum smelter” comment and ask: ‘well, now that you mention it, what ever happened to that smelter near the airbase you mention’?

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President Trump Responds to Earlier Comments From Canadian Prime Minister Justin Trudeau…

Grab your winnamins and hide the Ju-Ju bones. I thought this was going to be an issue when Prime Minister Trudeau publicly told reporters the content of a private conversation between Vice-President Mike Pence and himself.  With incredibly bad diplomatic form, Justin from Canada has not only cemented the Steel and Aluminum tariffs as permanent – but Trudeau has likely destroyed any hope of the U.S. remaining in NAFTA.

The White House has delivered a statement to the media, with a request to ensure authorship is directly and personally cited from President Donald J Trump:

The United States has been taken advantage of for many decades on trade. Those days are over. Earlier today, this message was conveyed to Prime Minister Justin Trudeau of Canada: The United States will agree to a fair deal, or there will be no deal at all. (link)

For those unfamiliar; this is about as close to an ultimatum as President Donald Trump generally delivers to his adversaries.   Look back on his history and you’ll note rarely does Donald J Trump deliver ‘either this / or that’ approaches; it’s just not his style…. He doesn’t bluff.  However, when Trump has decided to walk away from a deal, any deal, he delivers the “either/or” right before walking to the door.  The final terms hang in the air providing the opposition with a few fleeting moments to reflect prior to exit.

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White House National Trade Council Director Peter Navarro Discusses U.S. Trade Tariffs…

Focusing a lot of today’s information on the economic front and the implementation of the U.S. America-First trade discussion because this is the very heart of the Trump MAGA initiatives.  Everyone who voted for President Trump should be grinning ear-to-ear today at how steadfast POTUS has been – against all economic adversaries foreign and domestic.

White House Trade Council Director Peter Navarro discusses the implementation of countervailing U.S. duties; the transshipment issues, NAFTA and the intended trade reset therein. “Economic Security is National Security“!

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Canadian Prime Minister Justin Trudeau Holds Press Conference on Steel and Aluminum Tariffs…

Justin from Canada presents one of the most ridiculous contexts for the U.S. 232 Steel and Aluminum tariff decision. Justin proclaims the imposition of countervailing duties by the U.S. indicates that President Trump considers Canada a national security threat. Seriously, I’m not kidding, that’s what he is stating – watch.  Additionally, his feelings are hurt.

Apparently Justin from Canada cannot draw a distinction between an industry being lost, and that loss being a national security risk, and the hurt feelings of the Canadian Prime Minister. Intensely ridiculous… even for Justin. Obviously the irrational liberals in both the U.S. and Canada will likely draw the same ridiculous and illogical conclusions.

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China, the EU, Canada and Mexico have been exploiting weak U.S. trade policy for years. Through the effective utilization of targeted tariffs, with multiple opportunities -and warnings- to avoid the outcome, President Trump and Wilbur Ross cut the Gordian Knot.

The Big Club, driven almost entirely by the U.S. Chamber of Commerce and Tom Donohue are going bananas….. They can’t believe Trump actually did it. He actually followed through. The Wall Street consortium of multinationals are apoplectic.

Decades of economic gaslighting upon the U.S. electorate; massive manipulative multinational corporate influences; hundreds of millions spent purchasing U.S. politicians; and POTUS has just punched it all square in the face.

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