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BOOM – U.N. Ambassador Nikki Haley Delivers Economic MOAB With Trade Warning to China…

Exactly as predicted.  President Trump is aboard AF1 headed to the EU.  After discussions with the President this morning, U.N. Ambassador Nikki Haley delivers prepared remarks  at the United Nations on the topic of North Korea’s continued military escalation.

Her full remarks are below.   Note she discusses speaking with President Trump this morning about trade with China.  Specifically note her comments about trade:

[02:59] “We have other methods of addressing those who threaten us, and of addressing those who supply the threats; we have great capabilities in the area of trade.  President Trump has spoken repeatedly about this, I spoke with him at length about it this morning.”

“There are countries that are allowing, even encouraging, trade with North Korea, in violation of U.N. Security Council resolutions.  Such countries would also like to continue their trade arrangements with the United States, that’s not gonna happen.  Our attitude on trade changes when countries do not take international security threats seriously.”

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President Trump Highlights Increasing Trade Between China and North Korea…

For those who cannot see the multi-dimensional strategy here, an approach assembled for years in the aggregate and fine-tuned in the last several weeks, President Trump is reinforcing our prior analysis of his strategy:

A day before he meets face-to-face with Xi Jinping, President Trump is highlighting the enabler to North Korea.  President Trump is smartly setting up a spotlight for the entire world to see who is creating the problem, China.

President Trump will never start a military war because it’s antithetical to his entire constitution.  However, within the field of economic combat – watch out.  Not only will Trump engage in economic warfare, he’s built an armory for decades, he’s positioned to win against any opponent.  As such, the long-term adversary in this equation is not North Korea, it’s China.

To understand the longer and larger strategy, we must first remember the underpinning of all leverage, economics.  Every single aspect of national wealth and national security boils down to economics.  The true economic adversary to the United States is China.

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Secretary Rex Tillerson Issues Statement on North Korea ICBM Test…

U.S. Secretary of State Rex Tillerson issues a formal statement in response to the ICBM missile test conducted by North Korea:

The United States strongly condemns North Korea’s launch of an intercontinental ballistic missile. Testing an ICBM represents a new escalation of the threat to the United States, our allies and partners, the region, and the world.

Global action is required to stop a global threat. Any country that hosts North Korean guest workers, provides any economic or military benefits, or fails to fully implement UN Security Council resolutions is aiding and abetting a dangerous regime.

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U.S. Officials Confirm North Korea Missile Test Was Successful ICBM Launch…

U.S. Officials are now confirming the North Korean missile test was an intercontinental ballistic missile.

The ICBM, which is believed to be “two-stage,” officials said, would have a range of at least 3,500 miles, and thus be capable of reaching Alaska. (NBC link)

This launch represents another escalation by Kim Jung-Un in his ongoing quest for long-range intercontinental ballistic nuclear missiles.  The ICBM test is another in a series of violations of U.N. Security Council resolutions banning the launches, and is simultaneously a slap in the face to Chinese President Xi Jinping who is presumably trying to get North Korea to back down.

China’s support of North Korea will become even more of an issue with the increased escalations.  Understanding the perspective of President Donald Trump toward these events, we would/should anticipate a series of economic actions by the U.S. administration against China.

The U.S. cannot focus exclusively on North Korea, their enablers must be targeted for corrective leverage. Economic sanctions can increase internal regional pressure.

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North Korea Test Fires Another Ballistic Missile – President Trump Tweets Response…

Kim Jung-Un has test fired another missile.  President Trump responds:

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U.S. Trade Representative Robert Lighthizer Testifies to House Ways and Means Committee…

USTR Robert Lighthizer delivered testimony to congress today including an outline of dates, objectives and policy initiatives the Trump administration trade team plan to act upon in the next several months.

Important Discussion.

The current U.S. “America First” economic and trade team is entirely deconstructing the globalist efforts formerly pushed by multinational interests, multinational corporations, multinational banks and Wall Street.

Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and USTR Robert Lighthizer are positioned to shred and reverse decades of trade manipulation that have punished the middle-class and manufacturing base.   The best part of the committee discussion begins at 10:00 of the video with Lighthizer’s opening statement (prompted).

https://youtu.be/98sgAnjJ-CQ?t=10m

Congress is apoplectic about being stuck between their Wall Street corporate benefactors and a Trump trade team that is only looking out for America’s best interests.  The level of lobbyist angst amid the Big Club is palpable.

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Secretary Rex Tillerson and Secretary James Mattis Joint Statement on China and North Korea…

Men of consequence – Secretary of State Rex Tillerson and Secretary of Defense James Mattis hold a joint statement and press availability to discuss ongoing constructive discussions with China and the current efforts to deal with an increasingly unstable North Korea.

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Tiananmen – 28 Years Ago Today…

It was 28 years ago tonight when the Chinese government sent the Mongolian Army into Tiananmen Square to crackdown on the mostly student protestors.

It is against the law in China to recognize today, memorialize the dead, or even speak publicly of this bloody anniversary.   Few people know the short and long-term political ramifications to this event which extended far beyond the borders of China.

Many people are familiar with this image:

However, not as many people are as familiar with the wide shot.

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Unanimous Agreement – UN Security Council Expands Sanctions on North Korea…

Showcasing a unique aspect of the President Trump common sense approach toward coalition building, today the United Nations security council voted unanimously, in public, to increase sanctions against North Korea.   Yes, ‘unanimously’.

China and Russia voted in alliance with the permanent security council members the U.S., France and the United Kingdom to support increased sanctions.  They voted in alignment publicly.  Don’t look for the anti-Trump media to make note of this critical point.

(Via Reuters) […] Adding names to the U.N. blacklist – a global travel ban and asset freeze – was the minimum sanctions measures the Security Council could have taken and comes after five weeks of negotiations between Washington and Beijing.

“The Security Council is sending a clear message to North Korea today – stop firing ballistic missiles or face the consequences,” Haley said.

The resolution, adopted unanimously by the 15-member council, sanctions four entities, including the Koryo Bank and Strategic Rocket Force of the Korean People’s Army, and 14 people, including the head of Pyongyang’s overseas spying operations.

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President Trump Declines G7 Declaration on Climate Change – Full Taormina G7 Summit Agreement pdf..

Leaders of the G7, a finance-centric geopolitical group of international leaders, issued their joint summit statement on Saturday.  U.S. President Donald Trump refused to align the United States with the joint declaration pledging commitment to the Paris accord on climate change.

[Page 6 pdf below] …”The United States of America is in the process of reviewing its policies on climate change and on the Paris Agreement and thus is not in a position to join the consensus on these topics.  Understanding this process, the Heads of State and of Government of Canada, France, Germany, Italy, Japan, and the United Kingdom and the Presidents of the European Council and of the European Commission reaffirm their strong commitment to swiftly implement the Paris Agreement, as previously stated at the Ise-Shima Summit.”

President Trump tweeted at the conclusion of the G7 Summit:

The full summit agreement is below:

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