In the world of Trumpian geopolitical trade stuff, three issues are very interesting to watch. (1) The strategic reset with Russia which could break the official western construct of financial control. (2) The proactive and defensive positioning of Mexico (desperate attempt to retain economic attachment), and (3) the certain dissolution of the USMCA what Canadians call CUSMA.

Canadian media are starting to realize something we have talked about on these pages for years; President Trump intends to end the USMCA because the USMCA was used as a fracture point to eliminate NAFTA.

Wall Street, the U.S. Congress, the massive K-Street lobbying network around the U.S. Chamber of Commerce and the entire political apparatus of business and industry would never permit the end to NAFTA; too many trillions at stake. So, President Trump replaced NAFTA with the interim USMCA, which was better but factually more useful in elimination of the original.

Now, as we have discussed by highlighting President Trump’s no-so-subtle words on the issue, the Canadian media is realizing the USMCA will be dissolved in favor of two independently negotiated bilateral trade agreements; one with Canada and one with Mexico.

🚨MAJOR BREAKING

Trump signals that he could EXIT from USMCA entirely.

This is EXTINCTION LEVEL to Canada.

He going to do it. I have a strong feeling about this.

We’re talking about 400,000 jobs and an instant severe recession! pic.twitter.com/X2uIQaJLQ3

— Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) December 4, 2025

(CTV) – U.S. President Donald Trump could decide next year to withdraw from the Canada-United States-Mexico trade agreement (CUSMA), Politico reported on Thursday, citing U.S. Trade Representative Jamieson Greer.

“The president’s view is he only wants deals that are a good deal. The reason why we built a review period into CUSMA was in case we needed to revise it, review it or exit it,” Greer told Politico’s White House bureau chief Dasha Burns in a podcast episode that airs Friday.

Greer also raised the idea of negotiating separately with Canada and Mexico and dividing the agreement into two parts in the podcast, adding that he spoke with Trump about that possibility just this week.

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In an effort to return common sense, practicality and affordability to the American consumer base for automobiles, President Trump announced the elimination of Joe Biden’s Corporate Average Fuel Economy (CAFE) standards for manufactured cars and trucks.

Under the auspices of the “Green New Deal”, the Biden administration mandated ridiculous quotas for EVs and demanded lower power combustible engines, or pay a climate change tax. These CAFE standards resulted in a surcharge for large vehicles, large engine autos and SUVs, and essentially bifurcated the auto consumer into those who could afford to pay for efficiency and stability, and those who could not.

“We’re officially terminating Joe Biden’s ridiculously burdensome, horrible actually, CAFE standards that impose expensive restrictions and all sorts of problems, gave all sorts of problems to automakers,” President Trump announced from the Oval Office. “It put tremendous upward pressure on car prices, combined with the insane electric vehicle mandate. Biden’s burdensome regulations helped cause the price of cars to soar more than 25%,” President Trump said. WATCH:

(Via White House) – DELIVERING A WIN FOR AMERICAN FAMILIES AND AUTOMAKERS: Today, President Donald J. Trump is delivering major relief to American families by resetting the Biden Administration’s costly and unlawful Corporate Average Fuel Economy (CAFE) standards.

President Trump is returning CAFE standards to levels that can actually be met with conventional gasoline and diesel vehicles. The Biden Administration standards imposed unrealistic fuel economy targets that effectively resulted in an electric vehicle (EV) mandate.

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Secretary of State and National Security Advisor, Marco Rubio, delivers a passionate series of remarks in support of President Trump’s foreign policy.

Outlining the impact of federal policy under President Trump from the perspective of what is in America’s best interest, Rubio notes how foreign policy meshes with domestic policy and is specifically the combination of national security interests that secures prosperity for all American people.

“For the first time in four decades American foreign policy is based on what is in our interests,” Rubio notes.  The entire segment is well presented.  WATCH:

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This level of authenticity is very difficult to fake.  Secretary Rubio is an exceptional advocate for America’s interests.

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Hungarian Prime Minister Viktor Orban not only represents a friendly European voice to the objectives of the Trump administration, but also Orban is a close personal friend of President Trump both in and out of office.

Trump and Orban have long held a very close relationship, including friendship with the family of First Lady Melania Trump.  They are all very close – Shinzo Abe-type close – both from the White House and time in Mar-a-Lago.

On November 7, 2025, Prime Minister Viktor Orban again visited President Trump in the White House, including dinner with the Trump cabinet.  Then, word of the Ukraine corruption scandal broke.

A week following the White House visit (November 14) Prime Minister Orban said, “The golden illusion of Ukraine is falling apart. A wartime mafia network with countless ties to President Zelensky has been exposed. The energy minister has already resigned, and the main suspect has fled the country. This is the chaos into which the Brusselian elite want to pour European taxpayers’ money, where whatever isn’t shot off on the front lines ends up in the pockets of the war mafia. Madness. Thank you, but we want no part of this.”

The direct and non-pretending remarks from Viktor Orban highlighted a sense of the issue carried by a majority of the commonsense people around Russia, Europe, America and the world in general.  However, soon thereafter, as President Trump, Steve Witkoff and Marco Rubio were delivering deliberate terms to finally end the conflict, the Western intelligence network leaked an intercepted phone call between Witkoff and Putin’s senior foreign policy advisor, Ushakov.

The intelligence apparatus, likely originating from the U.K., purposefully wanted to disrupt all this peaceful resolution effort. The conflict has both benefactors and beneficiaries that do not want peace, both here and in Europe.

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This is a rather remarkable development that requires an understanding of what is true and accurate, versus what is stated as the justification.

In short, Prime Minister Mark Carney is conceding defeat to President Trump and positioning the Canadian economy to be compliant with U.S-Mexico trade regulations.

However, Carney is not saying that, indeed he cannot; he’s spent over a year telling Canadians that President Trump’s trade and economic demands are not going to be accepted by Canada.  However, what he is factually doing is exactly what President Trump has demanded.

Prime Minister Carney is saying he is restricting Steel and Aluminum imports from non-free trade agreement countries, and he is lowering the tonnage of Steel and Aluminum that will be permitted for import.  His claim is that this approach will help drive up “domestic demand” for Canadian Steel and Aluminum, but that’s ancillary to the real objective.

President Trump has demanded Canada stop importing cheap steel and aluminum mostly from China; including manufactured component goods that are made with steel and aluminum (think autos).  Canada would not stop, because they could not stop.  Their manufacturing base, green energy and climate change economy, is more of a component assembly system now.

So, President Trump hit Canada with a 35% tariff, and things got ugly.  In June Trump raised the tariff to 50%. The back and forth has gone on all year.

Carney now announces restrictions on imported steel and aluminum, as well as restrictions on imported derivative goods that come from steel and aluminum, in combination with a spending plan to bolster the Canadian steel and aluminum manufacturing base.  This ends up shifting the Canadian industrial sector to making steel and aluminum products without Chinese import dependency.

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This could potentially be very good news; however, the battle between where we are today and where we would need to be in order to address unlawful sedition criminally is very far apart.  Let’s hope the Pentagon and DOJ can harden up and start to take down these political bad actors.

In a social media post Monday, the Pentagon said it received complaints over former U.S. Navy Captain Mark Kelly’s efforts to undermine President Trump and destabilize the U.S. government.

[SOURCE]

The pentagon saying they received, “serious allegations of misconduct” against him, and “a thorough review of these allegations has been initiated to determine further actions, which may include recall to active duty for court-martial proceedings or administrative measures.”

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The majority of New York City residents elected Zohran Mamdani as their mayor.  New Yorkers elected him, and New Yorkers are going to have to deal with the consequences of their choice.

True to form, President Trump invited mayor-elect Zohran Mamdani to the White House and gave the representative of the New York voters the spotlight their choice represents.  President Trump then holds a media availability with Mayor-elect Mamdani to answer questions.  Sunlight is the best disinfectant.  WATCH:

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What will the outcome be for New York City?  They will soon find out.

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The govt shutdown made a mess of the economic data surveying and statistical analysis generally needed for accurate snapshots of the economy. However, the Bureau of Labor and Statistics (BLS) was able to release the September jobs report data {SEE BLS REPORT HERE}.

The geopolitical trade reset continues delivering domestic economic fluctuations, as each sector and specific international dependency reacts to President Trump’s shifts and turns in targeted economic policy.  The September jobs report caught the economic pundits off-guard, as it showed a much bigger gain in jobs than they expected.

As noted by MSM, “The US added 119,000 jobs in September, far more than the 53,000 economists expected, and unemployment unexpectedly increased to 4.4% from 4.3%.”  President Trump’s immigration enforcement continues to capture and remove illegal alien workers from the U.S. economy. This is also driving up domestic wages.

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President Donald Trump gave U.S. Trade Representative, Ambassador Jamieson Greer, all the tools and leverage needed to bring the Swiss govt to a substantive trade agreement.  The pressure was too much to bear, so Switzerland quickly negotiated a deal.

In the background President Trump’s global trade reset has been seriously damaging for the Swiss industrial economy.  The EU overall, Germany specifically and China, have stopped purchasing precision Swiss industrial machinery.

It’s not the direct tariffs against Swiss precision machinery itself that created the pressure, but rather the tariffs against nations who purchased the Swiss precision machinery.

China was a big purchaser of the Swiss machinery, until Beijing stole enough intellectual property to develop their own precision machining capacity.  Slowly China didn’t need Switzerland.

Germany and the EU economy then began to contract as the Trump tariffs bit hard against their exports to the USA.

Simultaneously, Chinese EV production started replacing more expensive European EV production, and the tooling purchases within the auto industry began contracting within Switzerland.

As things unfolded, the forecast for the future of the Swiss economy started to become very clear; their precision industrial exports were going to continue contracting.  Something needed to change, and fast.

Ambassador Jamieson Greer announces a major free trade agreement with Switzerland {SEE HERE} and the White House provides a fact sheet {SEE HERE}. A joint statement is then released:

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White House National Economic Council Director, Kevin Hassett, made two appearances today to discuss economics and ongoing Trump policy.

As noted by Hassett earlier today (bottom video), the October unemployment numbers will be generally unknown when reported because during the shutdown the BLS household survey was not completed.  All other data will likely have an asterisk as the NEC calculates that roughly 60,000 private sector workers were impacted during the shutdown.  Two Short Videos Below:

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The morning video recap is below.

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