Author of “The Coming Collapse of China”, Gordon Chang, discusses the effect of President Trump’s tariffs on China and the epic battle ahead.  Last night China announced their feeble retaliatory actions – SEE HERE.  A professionally nervous Maria Bartiromo, frames a series of questions from the perspective of Wall Street.

Fortunately Gordon Chang understands the Red Dragon, and more importantly understands Chinese Chairman Xi Jinping’s geopolitical goals through economic conquest. Mr. Chang is one of the few people who appear regularly in media and know the truth behind the Panda Mask.

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People often talk about the ‘strength’ of China’s economic model; and indeed within a specific part of their economy -manufacturing- they do have economic strength.

However, the underlying critical architecture of the Chinese economic model is structurally flawed and President Trump with his current economic team understand the weakness better than all international adversaries.

China is a central planning economy.  Meaning it never was an outcropping of natural economic conditions.  China was/is controlled as a communist style central-planning government; As such, it is important to reference the basic structural reality that China’s economy was created from the top down.

This construct of government creation is a key big picture distinction that sets the backdrop to understand how weak the economy really is.

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National Trade Council Director Peter Navarro appears on Fox Business News to discuss the “reciprocity” proposals and the ongoing confrontation with China. Despite the honest examples provided, it is transparent from the delivery Navarro is attempting to calms the nerves of Wall Street.  “EC” Economically Correct, presentation – Watch:

Without apology CTH continues to state all opposition to President Trump finds the epicenter of motive behind the economic policy.  There are trillions at stake.

Yes, there are ideological differences, but do not doubt for a moment the existential threat is the core principle behind America-First economics.

Multinational corporations and global financial interests have more than a generation of effort invested within the modern trade and economic constructs that President Trump is challenging head-on.

Politicians do not construct legislation, K-Street lobbyists do. Hundreds of millions have been spent purchasing politicians as a sales force to protect those financial interests. Challenge their financial trade schemes and you are threatening the livelihood and financial systems that generate massive wealth for very powerful people.  Additionally, the downstream effect threatens the affluence of the professional political class.

That said, there are American interests who will benefit, it’s just not popular within the cocktail party circuit to admit it:

(Bloomberg)  China’s plan to counter U.S. import tariffs may throw global aluminum and steel traders into a tizzy, but the net result could be a boon for American primary-metal producers.

The retaliatory plan to slap tariffs on U.S. aluminum scrap and some steel products may boost American supplies, lowering raw-material prices, says Zaner Group LLC’s Peter Thomas. That could coax some metal producers to restart unused capacity in Rust Belt states if infrastructure spending picks up.

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Secretary of Commerce Wilbur Ross appears on Lou Dobbs show to discuss the ongoing trade initiatives against China and the issues of intellectual property theft.

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Additionally, CNBC is reporting on possible retaliatory trade action by China in response:

CNBC – China’s commerce ministry proposed a list of 128 U.S. products as potential retaliation targets, according to a statement on its website posted Friday morning.

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Commerce Secretary Wilbur Ross appears with Bloomberg Inc. to discuss the ongoing U.S. trade initiatives and the need for immediate and urgent trade reciprocity.

Within the discussion Secretary Ross talks about the current targeted tariff proposal, and why intellectual property theft by Chinese state-run companies poses a clear threat to U.S. economic growth and national security interests.

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From the Office of the U.S.T.R. – Washington, DC – Today President Trump announced his decisions on the actions the Administration will take in response to China’s unfair trade practices covered in the USTR Section 301 investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. U.S. Trade Representative Robert Lighthizer initiated the investigation in August 2017 at the direction of President Trump.

The President has instructed that the appropriate response to China’s harmful acts, policies and practices should include three separate actions.

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This video highlights the insane naivete’ of ideological democrats who are willing to give away U.S. trade and manufacturing jobs because they refuse to understand economics and history.

Senator Maria Cantwell is from Washington State, home of Boeing Corp.  The leading aerospace company already acquiesced to Chinese demands within a manufacturing/trade agreement for production in China requiring Boeing to give-up their technology. In this video, Cantwell is playing the role of Jeb Bush. First, WATCH:

Apparently Senator Cantwell doesn’t even know that Boeing, her state’s largest employer, is already bound to the agreement with China.

Many people may remember the specific example of Boeing, China and aerospace came up in a presidential primary debate between Donald Trump and Jeb Bush. It was one of the most eye-opening debate contrasts during the 2016 GOP primary.

During the January 2016 South Carolina debate, and in response to Trump pointing out a necessary shift in trade position (a shift to put American interests first – a shift to stop the dependency on cheap import goods – a shift to use China’s dependency on access to our market to OUR advantage), Jeb Bush came back with an example of Boeing manufacturing.

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President Trump signs a memorandum targeting trade action against China’s aggressive trade practices and intellectual property violations.

UPDATE: Video Added

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A timely book by Peter Schweizer, “Secret Empires”, explains how Chinese companies purchased U.S. politicians to gain trade advantages.   When you understand this process, you better understand why those same politicians today are against the Trump trade policy that is antithetical to their purchased interests.

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Reminder: U.S. Chamber of Commerce President Tom Donohue is warning President Trump not to take any trade action against China or he will unleash his purchased control agents within congress and financial media to destroy his presidency.

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Against the backdrop of ‘Phase 2’ trade policy initiatives based on reciprocity, U.S. Commerce Secretary Wilbur Ross talks to CNBC about tariffs, carve-outs and protecting national security ahead of his meeting with the European commissioner for trade.

The hypocritical European Union has expansive protectionist tariffs against U.S. products and has threatened retaliation if the U.S. enforces the Trump administration about trade reciprocity.

Additionally, the Trump administration (Ross, Lighthizer, Navarro and Mnuchin) are focusing on China’s trade theft of intellectual property. According to Reuters reporting there is a possibility of $60 billion in trade tariffs being enforced against China for their IP violations and practices.

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U.S. Chamber of Commerce President Tom Donohue is warning President Trump not to take any trade action against China or he will unleash his purchased control agents within congress and financial media to destroy his presidency.

Donohue takes-in hundreds of millions in payments from multinational corporations who hold a vested interest in keeping the U.S. manufacturing economy subservient to China. The U.S. CoC then turns those corporate funds into lobbyist payments to DC politicians for legislative action that benefits their Chinese trade deals. The U.S. Chamber of Commerce is the #1 lobbyist in DC; there are trillions at stake.

Wall Street’s famous CONservative mouthpieces then take their cues from Donohue and decry any Trump trade policy that might impact their multinational benefactors.  They hide behind catch phrases like “free trade”, or “free markets”.  However, what they are really hiding is the truth, there is no free market – it is a controlled market.  It’s a circle of trade and economic propaganda driven by the most well known guests that appear on Fox News. Ben Shapiro is one such example; there are hundreds more.

WASHINGTON (Reuters) – The head of the most influential U.S. business lobbying group warned the Trump administration that unilateral tariffs on Chinese goods could lead to a destructive trade war that will hurt American consumers and U.S. economic growth.

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