After a five-day trip to the U.K, Ireland and France President Trump and First Lady Melania Trump return to the White House. [Video]

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The majority of financial media punditry claim Orangeman Tariffs’ bad.  Truly, it’s the stupidest and most disingenuous oft-spoken claim with ZERO foundation in reality.
Chinese tariffs have been in place since July 2017, no measurable inflation on Chinese goods. Steel and Aluminum tariffs in place since 2017; again, no measurable inflation on core product or finished consumer goods.   Auto tariffs on China – now absorbed by GM.  Soft-wood tariffs (countervailing duties) against Canadian dumping – same result.

The supply chain results completely refute U.S. CoC Tom Donohue’s doomsayer-promised economic proclamations.  If tariffs are so destructive, why was/is everyone ‘except the U.S’ using them to protect their industry segments and economies?
The truth is, the financial class and professional multinational lobbyists don’t want people to realize the modern trade system was designed to reduce American wealth.  It’s a feature not a flaw.
The collapse of U.S. manufacturing did not happen accidentally.  The rust-belt was not created accidentally.  NAFTA was not designed accidentally.  The back-door to the U.S. market was not created accidentally. Middle-class jobs were not lost accidentally.  Wages did not stagnate accidentally….  All of these results were brought about by specific design.
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When fifteen world leaders were all given the opportunity to sign the united D-Day Proclamation all the leaders put their names on the bottom of the document… Not Trump.
President Trump boldly penned his signature on the top of the proclamation.  According to reports (likely tongue-in-cheek) his reasoning was simple: ‘America Is The Reason The Rest Of You Aren’t Speaking German Right Now’...

(Axios Source)

Gotta love our President !  Always putting America on top.
Trump really is like General George S. Patton.
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The Bureau of Labor Statistics (BLS) provides the May jobs report.  Top line job gains were moderate at 75,000 and the unemployment rate holds steady at 3.6%.  However wage growth of 3.1%, and a monthly shift of 299,000 jobs from part-time to full-time reflects tight labor market in specific Main Street (blue and white collar) jobs.
The overall gain of 75,000 for May is low considering the economic growth. However, a review of the underlying data tells a story of a tightened labor pool; specifically inside the Main Street, middle-class, blue and white collar labor market.  [Table B-1]

Overall wage growth of 3.1% is very strong, and driven primarily by increased wages in “non-supervisory” payroll; ie. the actual workers (non mgmt). May was the 10th straight month with annual wage gains of at least 3 percent. Wages for non-supervisory workers continue to rise at a faster rate of 3.4 percent.
With inflation remaining low (1.4%); and assuming inflation is unchanged in May; the 3.4% non-supervisory wage growth, at current wage rates, is equivalent to nearly $900 per year in real wage growth for a blue-collar worker at 40 hours per week. [Table B-8]
We see the second large indicator of a tight Main Street labor market in the shift from part-time to full-time employment:
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President Trump sat down for an extensive interview with Laura Ingraham to discuss the D-Day commemorative event and a variety of current event topics including: Tariffs on Mexico, Nancy Pelosi and impeachment threats, China trade confrontation and the relationship between President Trump and H.M. Queen Elizabeth.

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President Trump and First Lady Melania return from Ireland today. Schedule below.
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During brief press remarks following a USMCA speech in Pennsylvania, Vice President Mike Pence outlined the current status of “talks” between the U.S. and Mexican officials.
The vice-president affirms several times that President Trump is “firm in his position” to see Mexico step-up and do more to stop the mass migration of illegal aliens from Central America.  If you think about it, against the context of the USMCA, the Trump position to confront Mexico is absolutely the right approach.
Mexico wants the USMCA trade agreement, and they want to be united with the U.S. and Canada on trade and collaborative economic benefits.  However, simultaneously Mexico has repeatedly said it will not join the “Safe Third Country” agreement held by the United States and Canada, where asylum seekers must apply for refuge in whichever country they first arrive in, as each is considered safe.

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[It’s worth noting that Pence is likely under a lot of pressure from Tom Donohue and his friends within the U.S. Chamber of Commerce. Pence deserves credit for standing up to his traditional tribe.]
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Following the D-Day anniversary memorial, President Trump and First Lady Melania traveled to Caen, France for a bilateral meeting with French President Emmanuel Macron. Prior to the meeting the leaders held a press availability [Video and Transcript].

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[Transcript] PRESIDENT MACRON: I will say a few words in English, and I will repeat them exactly what I say. And I wanted first to thank you, President Donald Trump, for your presence here in this place. And thanks to your country, your nation, and your veterans.
This morning, we paid this tribute to their courage. And I think it was a great moment to celebrate, and celebrate these people.
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Earlier today President Donald Trump delivered remarks to an international audience gathered to commemorate the 75th anniversary of D-Day, the beginning of the allied liberation of Europe (Video, Transcript and Pictorial):

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[Transcript]  THE PRESIDENT: President Macron, Mrs. Macron, and the people of France; to the First Lady of the United States and members of the United States Congress; to distinguished guests, veterans, and my fellow Americans:
We are gathered here on Freedom’s Altar. On these shores, on these bluffs, on this day 75 years ago, 10,000 men shed their blood, and thousands sacrificed their lives, for their brothers, for their countries, and for the survival of liberty.
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Ireland (IST) is 5 hours ahead of U.S. Eastern time (EST). France (CEST) is 6 hours ahead of U.S. Eastern Time. Today President Trump and First Lady Melania will be traveling from Doonbeg, Ireland to Colleville-sur-Mer, France, for a commemoration ceremony on the 75th anniversary of D-Day. [♦5:00am EST / 11:00am CEST broadcast]
Departing Colleville-sur-Mer the first couple will travel to Caen, France, for a bilateral meeting and working lunch with French President Emmanuel Macron. The President and First Lady will then fly back to Shannon, Ireland and spend the evening at Trump International Doonbeg, Ireland.

2:05am EST / 7:05am IST THE PRESIDENT and THE FIRST LADY depart Trump International Doonbeg en route to Shannon Airport, Shannon, Ireland, Doonbeg, Ireland
2:25am EST / 7:25am IST The PRESIDENT and THE FIRST LADY arrive at Shannon Airport, Shannon, Ireland
2:35am EST / 7:35am IST THE PRESIDENT and THE FIRST LADY depart Shannon Airport en route to Caen – Carpiquet Airport, Caen, France, Shannon, Ireland
4:00am EST / 10:00am CEST THE PRESIDENT and THE FIRST LADY arrive at Caen – Carpiquet Airport, Caen, France
4:10am EST / 10:10am CEST THE PRESIDENT and THE FIRST LADY depart Caen, France, en route to Normandy American Cemetery Landing Zone, Colleville-sur-Mer, France, Caen, France
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When President Trump began confronting China on trade practices, there was always a likely totalitarian Chinese response. The inevitable response when confronting the duplicitous dragon is always an attack; it’s the only way Beijing knows how to respond.

Last week Beijing threatened to take action against any corporation who would be perceived as working against the interests of the state.  This week communist Beijing begins doing exactly that:

(SCMP) China’s antitrust regulator slapped a US$23.6 million fine on Ford Motor Company’s Chinese venture for restricting sales prices in its hometown, taking the second such action against US carmakers in three years as trade tensions deteriorated between the world’s two largest economies.

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