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Nailed It – Navarro Discusses U.S-China Trade Re-engagement: "Seven Prior Chapters Now Starting Point"…

Excellent news from White House manufacturing policy advisor Peter Navarro as he discusses the re-engagement in U.S. and China trade discussions. Great INFO.
You won’t see this interview highlighted by MSM.  As we anticipated the prior 150 page agreement negotiated by USTR Robert Lighthizer and Vice-Premier Liu He, previously dismissed by Beijing after three months of intense discussions, is now the starting point for new talks.  This means the Chinese have acquiesced to the prior terms they rebuked.
The seven chapters, each assigned to a specific trade sector, are the baseline for Lighthizer and Liu He to re-engage.  Excellent news from the position of the U.S. team.


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The CNBC knucklehead injecting about a Hauwei compromise was quickly corrected by Navarro. The Commerce Department restrictions and process for 90-day licenses to do business with Hauwei remains unchanged.
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Democrat Candidates Face Strength of Trump Economy in Iowa…

Many Democrat presidential candidates will be traveling to Iowa for July 4th events as part of their campaign effort.  Interestingly, according to the recent updates from the Bureau of Labor Statistics, Iowa has some of the lowest unemployment rates in the nation:

(Waterloo Iowa Headline Link)

Iowa has three of the top five lowest unemployment regions in the nation:

(BLS DATA) In May, Ames, IA, and Burlington-South Burlington, VT, had the lowest unemployment rates, 1.5 percent each, followed by Midland, TX, 1.7 percent; Iowa City, IA, 1.8 percent; and Dubuque, IA, 1.9 percent.

While Democrats have falsely been saying the economy isn’t working for all Americans, the facts are that blue-collar middle-class Americans have been the largest beneficiaries.
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Translated North Korean Broadcast Even More Optimistic and Respectful Than Initial Review…

Jumping Ju-Ju bones. Wow.  The North Korean broadcast of the meeting between President Trump and Chairman Kim Jong-un has now been fully translated to English.
Initially, even without the translation, we could see the optimistic message and a mutual strategy that would align the interests of Chairman Kim and President Trump.  However, the translation is even better than anticipated.  The message to the North Korean people is not just optimism and propaganda, the message directly and purposefully conveys an incredibly strong message of respect for U.S. President Trump.  WATCH:


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Traditional propaganda messaging would convey great power and respect for Dear Leader Kim Jong-Un and a message of moderate diminishment toward the U.S. President.  This type of propaganda narrative is also what the U.S. Main Street Media had stated Kim Jong-un would use.  But they’re wrong… all of them.
The actual message conveyed to the citizens of North Korea is one of united celebration and magnanimous respect for Chairman Kim and President Trump.  The broadcast specifically cites “wisdom”, “respect” and praise for the “incredible courage” of President Donald J Trump.  Exactly the opposite message predicted by the DC naysayers.
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Oleg Deripaska Confirms He Was Employing Chris Steele in 2016, While Dossier Was Being Assembled…sk

A new John Solomon article today, based on an interview with Russian Billionaire Oleg Deripaska, is essentially confirming a May 2018 article where it was presumed that Oleg had hired Christopher Steele at the same time Steele was working with Nellie Ohr and Fusion GPS to write the Trump dossier.  Here’s the interview:


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The report on the FBI contacting Oleg Deripaska in September 2016 for help to structure a narrative of Russian involvement in the Trump Campaign via Paul Manafort has some ramifications.
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Representative Ratcliffe: "Horowitz Investigative Work is Complete"…

An interesting discussion between Representative John Ratcliffe, former congressman Trey Gowdy and Fox News Host Jason Chaffetz surrounding: the pending Inspector General Report into FISA abuse; the upcoming Mueller testimony; and the activity of U.S. Attorney John Durham.
Within the interview Ratcliffe notes he has recently spoken to Inspector General Horowitz about the timing of his upcoming report where Ratcliffe says the “investigative work is complete”. WATCH:


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If previous reports of Christopher Steele being willing to speak to U.S. authorities about his dossier work in 2016 are accurate; and if Horowitz has completed his investigative work; then it’s likely Horowitz has already interviewed Steele.
The IG FISA investigation began in May of 2018, approximately 14 months ago. The assembly of the investigative details into a draft report should be expected to take about four to six weeks depending on the OIG referencer team and the scale of the summary documentation assembled.
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Beijing Says Magnanimous Panda Responsible for Success in Trump-Kim Meeting…

Well, this will not come as a surprise to CTH readers, but it affirms prior suspicion of Chairman Xi Jinping’s motives and intents in the pre-G20 trip to North Korea.  There is also an aspect to this propaganda highlighting that Beijing actually had this narrative written prior to the outcome, I’ll explain below.

As predicted, China’s state media are proclaiming that Chairman Xi Jinping, playing the role of magnanimous panda, is responsible for the success and restart of the discussions between President Trump and Chairman Kim Jong-un of North Korea:

CHINA – […] Ten days before the Kim-Trump meeting, President Xi Jinping made a historic visit to North Korea, with one of the key aims being to show political support and help North Korea and the US to break the deadlock in their negotiations, Zheng said.
Xi also met Trump in Osaka on the sidelines of the G20 Summit on Saturday, when they also discussed the peninsula issue. Xi has encouraged both Kim and Trump to push forward negotiations and reach an agreement eventually.
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Tucker Carlson Interviews President Trump Following G20 Summit and China Talks…

Fox News host Tucker Carlson traveled to Osaka Japan for the G20 meeting between President Trump and China’s Chairman Xi Jinping.  After the summit meeting Carlson interviews President Trump and broadcast the interview this evening:


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Additionally, Tucker Carlson traveled with President Trump to South Korea for the DMZ visit with Kim Jong-un.
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North Korea Propaganda Broadcast Highlights Optimism for Joint Korea…

President Trump has completely reset the pre-existing hostile dynamic that existed between the U.S. and North Korea.  By focusing on the root cause of the issue, Beijing China, Trump has been able to reach a position with Kim Jong-un that seemed impossible two years ago.
All over southeast Asia the media reports are optimistic, positive and upbeat with the possibility of a generational crisis finally coming to an end.   President Trump is being called a hero bringing peace to Korea.

(Tweet Link)

The North Korean state-run media has broadcast the video below.
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CIA Seems Highly Concerned – Washington Post Reports on Sketchy Joseph Mifsud…

In the synergy between the U.S. intelligence apparatus and their media agents, the CIA, DOJ and State Department have specific outlets assigned to public relations.
A long tracked history and pattern reflects the DOJ and FBI leak their needs to the New York Times.  The preferred outlet for the U.S. State Department is CNN; and the Washington Post generally comes out first in defense of the CIA agenda.   This pattern has been remarkably consistent for years.

So against a backdrop of looming revelations about the intelligence community and their activity in the 2016 election; and suddenly The Washington Post, seemingly out of nowhere, pushes an article intended to diffuse the issues around western intelligence asset Joseph Mifsud; we can reasonably assume something is happening in the background that has officials in the CIA worried about exposure and their image.
From the WaPo introduction we can see what part of “spygate” the CIA is concerned about:

(Wa Po) […] The Maltese-born academichas not surfacedpublicly since that October 2017 interview, days after Trump campaign aide GeorgePapadopoulos pleaded guilty tolying to the FBI about details of theirinteractions. Among them, Papadopoulos told investigators, was an April 2016 meeting in which Mifsud alerted him that the Russians had “dirt” on Hillary Clinton in the form of “thousands of emails.”

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U.S. Manufacturing Growth Strong, U.S. Manufacturer Hiring Very Strong, Material Costs Lower (no tariff impact)…

Today, July 1st, is the first day of the third quarter 2019.  As typical some of the earliest economic reporting from June is released.  One of the first reports comes from the Institute for Supply Management (ISM) as they compile the manufacturing sector.

As noted in the ISM review, manufacturing growth remains strong with an overall index of 51.7 (anything above 50 is growth), and the results are stronger than initially predicted by the financial media (Wall Street).
The manufacturing production index for June is 54.1 versus last month’s 51.3 (May); generally this means manufacturing outputs are growing, order backlogs are being reduced, orders are being fulfilled faster.  This is an indication that new production investment is now coming on-line and delivering actual products from orders.
In the past CTH had noted the heavy Main Street investment which began in 2017 would start to come on-line in Q2 2019, it generally takes about two years for a new manufacturing facility to start producing, and then increases in production efficiency follow.  The ISM result shows we were pretty close with that forecast.
Within the review there are particular notes for additional interest.  First, the June manufacturing employment index is 54.5, very strong; (last month 53.7).  In essence manufacturers are hiring at a fast rate.  One cause is better weather (seasonal), and the majority cause is filling the jobs from new production facilities coming on-line.
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