U.S. Trade Representative Jamieson Greer appears on CNBC to discuss details of a new G20 sideline agreement with 14 other major economies to crack down on global factory overproduction, targeting excess manufacturing.

The discussion about the issues with Canada is around the 5:00 mark of the video below.  As previously noted, President Trump and USTR Greer are happy with the current status of tariffs against Canada, they are having the desired effect, and meanwhile the U.S. is negotiating a ¹bilateral trade deal with Mexico.

¹♦ $30.76 billion in remittances reached Mexico in the first half of 2026 — a lifeline tethered to U.S. manufacturing employment, which depends on whether both governments can reach a durable trade framework. {source} Mexico, the govt, the economy, their internal stability, cannot afford to risk losing that influx of financial support.

Mexico’s Economy Secretary Marcelo Ebrard came out of the G20 Trade Ministerial in Milwaukee last week sounding the most optimistic he has in months. He had just spent nearly an hour across the table from U.S. Trade Representative Jamieson Greer, and his message was direct: “We are getting closer on many things — moving forward, narrowing positions, resolving issues. Every day we are closer to having new agreements,” Ebrard told reporters from Milwaukee.

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Vice President JD Vance and the federal Fraud Taskforce held a press conference today announcing their investigative findings of H1B visa abuse and manipulation of green card program by U.S. corporations who hire foreign workers over Americans.

During the press conference, JD Vance announced that Microsoft and Adobe have been suspended from the H1B visa process, as well as several other tech companies.  The taskforce also announced immediate investigations into nine major U.S. universities for J1 student visa fraud.  The entire visa program is being targeted by the fraud taskforce and DOJ in order to ensure that American students and American workers benefit from employment and college entrance opportunities.  This is well worth watching in full:

[Transcript] JD VANCE: “Yes. Good morning. Thank you all. Well, good morning to the press and good morning to all the people who’ve worked so hard on this. This is a great day for American workers because we are taking some very concrete actions to cut down on some of the H-1B and J-1 visa fraud that we’ve been tracking over the past several months.

I want to give a particular shout out to Andrew Ferguson, Stephen Miller, and of course Todd Blanche, our great Attorney General, who are standing behind me. A particular shout out to DOL Secretary Keith Sonderling, who’s been really an amazing partner in the anti-fraud Task Force. Thanks to Keith’s hard work, we’ve uncovered about $20 billion in fraud just within his, his department and secured over 200 convictions in the last five months alone.”

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President Trump announced a collective investment effort between defense tech firm Anduril and the U.S. Navy worth an estimated $6.6 billion. $3.7 billion comes from the private sector by defense technology firm Anduril in a new shipyard at Sparrows Point, Maryland, alongside $2.9 billion in Navy contract funding. The facility will build next-generation submarines including autonomous underwater vessels.

When you really think about this effort closely, putting this kind of investment into U.S. shipbuilding in Baltimore is a genuine swing for the fences to reestablish northeast industrial manufacturing.  I give President Trump a lot of credit for taking this big a leap of faith in the Baltimore region.

The Trump administration has announced new or revitalized shipbuilding in Galveston TX, Houma LA, Brownsville TX and now Sparrows Point MD.  While the southern regions will likely be capable of transferring a solid work ethic into a successful America-First business model, trying to reindustrialize Baltimore away from a dependency mindset (built on a foundation of corruption) to a skilled jobs work ethic, is a very bold move.

There will certainly be job opportunities for people outside the immediate Baltimore area who are willing to travel for high-paying good quality work.  Anduril will also need some form of trade-school, apprenticeship or vocational training if the manufacturing hub is to be generationally changing.   This really is a major move to put money behind reindustrialization in one of the key areas where it was destroyed by leftism, globalism and corruption.  WATCH:

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Susan Kokinda delivers a great contextual overview for the IRGC letter to the world asking everyone, anyone, to help protect them from President Trump’s strategic operation against Iran.

Kokinda opens with the 26-page open letter Iran’s Islamic Revolutionary Guard Corps addressed to the American people weeks before the midterms, which the State Department dismissed as desperate and the Daily Wire read as a call to vote Democrat. She argues the letter tells a bigger story than anyone is reporting: it names the CIA, Israel and the military-industrial complex, but never once the British. After President Trump’s “easy way or the hard way” remark on Iran, and his statement at the U.N. that the election won’t influence his Iran policy, the episode revisits the 1953 overthrow of Mohammad Mosaddegh, whom the letter calls an “Americanophile,” after he nationalized the Anglo-Iranian Oil Company, today’s BP, and cites National Security Archive documents showing the British Foreign Office approached the Truman administration in late 1952 to propose a coup.

Her review then then turns to a Foreign Affairs newsletter citing the 1956 Suez crisis as a parallel to the war with Iran, President Eisenhower’s refusal to back Britain and France at Suez, and Gamal Abdel Nasser’s 1955 Foreign Affairs article on how the British ran Egypt. It closes with Richard Haass on Morning Joe, the morning after Trump’s U.N. speech, calling it “the end of 80 years of American foreign policy,” Chatham House director Bronwen Maddox on Europe having to defend itself against the U.S., and Mark Carney telling the New York Times he spent the past year preparing for the “extreme tail risk” of U.S. military action against Canada.  WATCH:

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Margaret Brennan asks Energy Secretary Chris Wright to tell her about U.S. troop and military deployments to the Middle East, and whether President Trump is going to “escalate” military operations in the region.  Yeah, she asked about that; as if the Energy Secretary would even talk about it on television if he knew.

Unfortunately, this remains the outlook of U.S. media. Energy Secretary Chris Wright told “Face the Nation with Margaret Brennan” that President Trump was “well aware of the risks to energy flows” before launching the Iran war, but he said the president said, “the world cannot sustain a nuclear-armed Iran, and I’m not going to do it.”  WATCH:

[Transcript] – MARGARET BRENNAN: Good morning, and welcome to Face the Nation. We begin with one of the Trump administration officials tasked with working to lower those high gas and oil prices, Energy Secretary Chris Wright. Good morning to you.

SECRETARY OF ENERGY CHRIS WRIGHT: Good morning, Margaret.

MARGARET BRENNAN: So, it’s good to have you here. You said this past week that Americans can expect lower gasoline prices and diesel prices by election day. The Wall Street Journal editorial board has a piece outlining that the campaign to squeeze around financially is working, but they can still knock out significant Gulf energy infrastructure. They could be planning an October surprise before the U.S. midterms. We are still seeing Iranian attacks on ships now. I mean, how can you be so confident prices are headed down?

SEC. WRIGHT: Well, because we’ve got increasing supplies coming out of the Strait of Hormuz and they’ve continued to rise over the last months, over the last recent weeks. We’ve got U.S. gasoline production today at record high. We have demand for gasoline, as we come out of the summer driving scene, starting to go down. Similar stories with diesel. Diesel’s mostly been infected by the Russia-Ukraine war and also by China’s decision not to export diesel or gasoline into the marketplace. And of course, we’re living with two refineries that were recently closed, large refineries in California that Gavin Newsom forced the closure of. And frankly, 15 years of Democrat policies that have been energy subtraction, trying to close coal plants, close refineries, and shrink our capacity. Which means when you get in crisis, we’re just less resilient than we should be.

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I don’t want to focus too much on this, because there are multiple angles still at work.  However, against the backdrop of the non-coincidental coincidences that followed the August 2025 Alaska Summit, the Lukoil story looks strategically interesting.

The New York Times is looking at Lukoil from the perspective of President Trump organizing financial gains for people close to his administration, specifically Witkoff and Kusher.  {GO DEEP}

That aspect is nonsense, total nonsense; however, if you pull back and look at the background story without the Trump derangement overlay, there’s a potential here for something very good to come out of it.

As the story is told, Russian President Vladimir Putin has inquired about the potential for the U.S. to remove sanctions against Lukoil, a quasi-private energy company based out of Russia.  Before, getting too weedy about it, remind yourself of the statements that surfaced during the Trump-Putin summit in Alaska, August, 2025.

You might remember that both the U.S and Russia spoke of strategic partnerships surrounding the energy sector.  Obviously, this makes sense when we consider the “west” is actually fractured on the topic of energy.  There are two competing interests that overlap in the financial side of the issue, the ‘trillions at stake’ aspect.

On one side you have the “climate change” team, those who are fully invested (literally) in the financial mechanisms of the climate change, green new deal, build back better talking points.  The Green Energy team in the west.  The Paris Climate Treaty and carbon-trading proponents et al.

On the other side you have the pragmatic energy team in the west.  These are the Trump-minded and aligned western perspectives that look at oil, natural gas (LNG), clean coal and nuclear technology.  These are the “all the above” aligned voices in the more pragmatic view of low-cost energy production and development.

In the middle, between both sides of the fracture, are the banking and finance systems.  This is the BIG MONEY play, with the Climate Change team supported by banking ideology inside the city of London, while the Carbon Use team is constantly having to assemble finance and insurance from outside the banking control mechanisms.

The Climate Change team have support based on ideology within the finance system.  However, the Carbon Use team have the advantage of low-price outputs, global dependency and actual profits as leverage.  This is a fight essentially inside the larger energy sector, and we are all very familiar with it because it has been happening for decades.

Canadian Prime Minister Mark Carney is currently the main tool deployed by the Climate Change team on behalf of the London finance system.  Carney’s main opponent is U.S. President Donald Trump.

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Barbara Boyd opens with diesel: as Ukraine’s strikes on Russian refineries tighten the world’s supply, President Trump threatened to halt U.S. diesel exports unless Europe released its emergency stocks, and the G7 agreed to release 100 million barrels. She presents it as the opening move of a 35-day economic offensive running into the midterms. The week of action includes Trump’s visit to the Peterbilt truck plant in Denton, Texas, where employee Sarah Renshaw credited tariffs for 1,000 new jobs; his Oklahoma rally; a White House luncheon with tech leaders on superintelligence; what the White House calls the largest steel plant ever built in the United States, coming to Iowa; Vice President Vance at the groundbreaking of Saronic’s Port Alpha shipyard in Brownsville, Texas; and South Korea’s plans for an Alaska LNG pipeline, a 6-gigawatt power plant in Texas and eight nuclear reactors.

On affordability, the episode walks through price increases under Biden (energy up 33% from January 2021 to January 2025), Vice President Vance on the inflation crisis he says the administration inherited, refining capacity, housing regulation and immigration, Secretary Kennedy at the MAHA Summit on AI giving every patient a better-informed second opinion, and the White House fraud task force’s crackdown on Obamacare enrollments. It closes with Michael Shellenberger’s account of the student riots in France, French intelligence tying the movement to Jean-Luc Mélenchon’s France Unbowed (LFI), and NASA Administrator Jared Isaacman on a new golden age of space exploration. WATCH:

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Treasury Secretary Scott Bessent appears for an interview with Axios co-founder Mike Allen. The wide-ranging conversation covered the U.S. economy, the war in Iran and the Trump administration’s approach to AI.

Secretary Bessent responds to Americans’ frustration with the cost of living; explains why he doesn’t think the AI boom is a repeat of the dot-com bubble and argues that AI leaders warning about losing control should slow down. Bessent also discusses possible U.S-China cooperation on AI risks, Treasury’s economic pressure campaign against Iran, the bond market, Trump Accounts and his clashes inside the administration.  WATCH:

Chapters:

0:00 – Cold open
0:24 – Inside Treasury’s Cash Room
1:38 – Unpacking why Americans still feel squeezed
5:21 – Bessent’s economic campaign against Iran
7:35 – Is AI in a bubble?

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Canadian Prime Minister Mark Carney has recently promoted an expansive LNG pipeline deal to center the domestic infrastructure development around the concept of “Buy Canadian.”  However, when questioned about the actual construction of the proposal, Carney now admits the developers will determine what resources will be used – and it will not be Canadian product.

The unfortunate reason is not complicated.  Canada does not have the industrial capacity to make the heavy components for the LNG expansion pipeline because Canada does not have the ability.

[SOURCE]

CALGARY — LNG Canada is planning to use Chinese steel in major components of its $33-billion second-phase expansion despite Ottawa’s promises that nationally significant projects would help drive Prime Minister Mark Carney’s Buy Canadian policy.

The joint venture says Canada lacks the specialized fabrication facilities needed to manufacture the massive modules required for its expansion and plans to buy more components from state-owned China Offshore Oil Engineering Co. Ltd. (COOEC), which manufactured modules for the project’s first phase. (read more)

I would remind readers this inability to manufacture industrial goods is exactly what former Canadian Prime Minister Justin Trudeau outlined to President Trump in December 2025 in Mar-a-Lago, when President Trump challenged Trudeau to stop importing Chinese steel and aluminum.  Canada’s clean energy policy blocks the country from creating heavy industrial components.  WATCH:

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The French interior ministry said police had made more than 1,949 arrests through Thursday, while 305 police officers had been injured, as youth migrants run amok in multiple regions. {source}

French “students”, young Black Bloc (Antifa) members and hoards of migrants have set fires and erected blockades outside schools in several cities, as violence and mayhem continues all over the country.  Several school principals and teachers have been injured, harassed or assaulted at high schools, according to media reports, regional education authorities, prefectures and teacher union representatives.

PARIS, Oct 1 (Reuters) – France’s intelligence agencies briefed a government crisis meeting on Thursday that a wave ​of student protests, sometimes violent, that has swept across the country was initiated by hard-left politicians, a person close to the prime minister ‌said.

The protests against teacher shortages and dilapidated school buildings erupted in the Paris region last month but have turned increasingly violent as they spread nationwide, with dozens injured and with police making hundreds of arrests.

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