Winning….

“Peace is the prize.”

Stop.  Just S.T.O.P. for a minute.

Snap, just look at that picture…. Ho.Lee.Cats that’s just about too much winning.

*AHEM*… Okay,… better get serious.

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President Trump delivers remarks at the beginning of a cabinet meeting today. Several topics are covered including the safe return of three American detainees from North Korea; and the upcoming summit.

[Transcript] 11:37 A.M. EDT – THE PRESIDENT: Okay, thank you very much. We have a lot of things happening, as you know. But last night was a very big night for the Republican Party. Every candidate that we wanted won, and they did very well. There was tremendous enthusiasm.

And with the economy going so strong and so good with all of the things that are happening, including a tremendous foreign affairs picture. If you look at what’s going on with so many different elements, including the fact that, right now, flying back are three, what they were calling “hostages.” We call them “fine people.” Three really fine people. Seemed to be healthy.

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This is very good news.   Earlier today President Trump tweeted about Secretary of State Mike Pompeo having secured return of the American detainees from North Korea.

Excellent.   According to President Trump the date, time and location of the summit between himself and Chairman Kim Jong-un will be announced within the next 72 hours.

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National Security Advisor John Bolton appears on Fox News with Laura Ingraham to discuss President Trump’s decision to exit the failing Iran deal, and the ongoing talks with North Korea.

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This report out of South Korea, while not confirmed, makes sense. Earlier today President Trump announced Secretary of State Mike Pompeo was en route to North Korea to finalize details for upcoming summit. Secretary Pompeo tweeted he was going to DPRK “at the invitation of N-Korean leadership.”

It makes sense, as an advanced gesture of goodwill ahead of the summit, for Kim Jong-un to release the U.S. captives.

SEOUL, May 9 (Yonhap) — North Korea is expected to release three U.S. citizens held in the communist state on Wednesday, an official from Seoul’s presidential office Cheong Wa Dae said, in an apparent goodwill gesture ahead of a historic meeting between its leader Kim Jong-un and U.S. President Donald Trump.

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NAFTA is at a critical stage.  Mexico has committed themselves to a full-court press this week in an effort to retain the investment influx from multinational corporations.  To retain their advantage, Mexico needs to keep the NAFTA loophole allowing Asia and EU to use Mexico and Canada as back-doors to the U.S. market.

Additionally, AM-LO, a self-described soft-Marxist (similar to Hugo Chavez) is likely to win the July 1st Mexican election.   Yesterday, Mexican Foreign Secretary Luis Videgaray travels down the street to the State Department for a meeting with Secretary Pompeo. From the U.S. perspective, anything from Secretary Videgaray is essentially moot at this point; the Mexican government is moving toward a more socialistic economic model.

[Transcript] SECRETARY POMPEO: Good afternoon. Today it is my pleasure and a great honor to welcome the Mexican Foreign Secretary Luis Videgaray to the State Department. Welcome.

We had a great discussion and we had so because Mexico is one of the United States’ closest partners. Together we are working to build a more secure, prosperous, and democratic hemisphere. We are neighbors, allies, and friends.

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Generally speaking the corporate media have yet to have an honest outline about the fatal flaw within NAFTA that allows China, ASEAN nations and the EU to exploit previous investments in Canada and Mexico as a back-door to the U.S. market.

In a generalized aspect, the recent visit of top U.S. trade and economic policymakers to China was part of Trump’s exploration into the larger dynamic of bi-lateral trade between the U.S. and China knowing full well the NAFTA flaw remains unaddressed.  Without addressing the loop-hole (aka ‘fatal flaw’) any modernized NAFTA deal is moot; and by extension the foundation for any future trade deal between the U.S. and China is too byzantine to manage.

It is in China and the EU’s interests to continue exploiting the NAFTA access.  It is in Canada and Mexico’s interests to retain the subsequent investment influx.

It is in multinational corporate and Wall Street interests to continue the scheme. However, it is also entirely against U.S. Main Street interests.  Hence, NAFTA loggerheads reigns supreme; and in my opinion, we are soon to see President Trump cut the Gordian knot.

WASHINGTON (Reuters) – Senior Canadian, U.S. and Mexican officials trying to rescue slow-moving talks to update the NAFTA trade pact met on Monday in a new bid to resolve key issues before regional elections complicate the process.

With time fast running out to strike some kind of deal on the North American Free Trade Agreement, the three member nations are still far apart on major points.

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Earlier today President Trump traveled to Cleveland, Ohio to deliver remarks at a business and community tax reform roundtable event.  President Trump begins his remarks by noting the importance of shifting focus within the trade discussion to bring a greater balance to the U.S. economy via America-First principles.

Three decades of economic policies benefiting Wall Street are now shifted to begin a new era where economic policies benefit Main Street.  That’s MAGAnomics in shorthand.

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Ambassador Lighthizer comments on NAFTA prior to departing for China.  In the auto sector, Mexico and Canada are still arguing for more Asian/Chinese parts for U.S. automobiles.  The U.S. position is for higher North American content. Loggerheads.

I still find it stunning how many people cannot see the ridiculous side of the Mexican and Canadian position; and how that showcases the insanity of NAFTA. Can/Mex are not arguing for more Canada and Mexico content, they are holding out for more Asian content.  Their economic models are nothing more than brokering the assembly of cheap Asian goods through their NAFTA access to the U.S. market.  Ridiculous.

WASHINGTON/MEXICO CITY (Reuters) – U.S. Trade Representative Robert Lighthizer said on Tuesday that if a deal to revise the North American Free Trade Agreement cannot be reached with Canada and Mexico in about three weeks, its approval by the U.S. Congress could be in jeopardy.

Lighthizer said at a U.S. Chamber of Commerce event that a deal to update NAFTA was needed quickly because of the lengthy notification process for congressional approval of trade deals.

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Commerce Secretary Wilbur Ross discusses the ongoing trade initiatives with China ahead of the U.S. delegation departing later tonight.  Secretary Ross, Treasury Secretary Mnuchin, U.S. Trade Representative/Ambassador Robert Lighthizer, Economic Council Chairman Larry Kudlow and White House Trade Adviser Peter Navarro are all heading to Beijing to meet with their Chinese counterparts.

Secretary Ross is like the Babe Ruth of trade-baseball. Wilburine has a way of taking complex issues pitched to him, and knocking them out of the ballpark with an extremely fast common sense bat.  He makes it look effortless.  Watch:

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Two quick thoughts. First, I think this is the first time every member of Team America (Ross, Mnuchin, Lighthizer, Kudlow, Navarro) has unified into one specific set of trade negotiations. That helps understand the scale of importance of the China trade relationship.

Second, there’s no traveling parallel contingent consisting of outside government members/advisers from of the U.S. Chamber of Commerce. This is a significant change from the past 30 years of Wall Street policy manipulation by the CoC. Many people may not be aware but until President Trump the U.S. government didn’t actually write the trade agreements.

For all prior administrations the actual negotiations and agreements were willingly sub-contracted out to U.S. Chamber of Commerce delegations. This is how the multinationals took control of trade policy and eventually the U.S. economy. CoC President Tom Donohue must be apoplectic now that he is facing an administration actually writing the trade agreements.

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