President Trump is holding a White House event to support Farmers and Ranchers and announce a transitionary aid package to help during the restructuring of the global supply chain and a reset in U.S-China engagement. Anticipated start time 3:15pm EDT.
Quite a remarkable presser.
UPDATE: Video Added
The headlines are once again examples of an ideological media. “Stunning”, “surprising”, “unexpected”, etc. However, far from the headline ideology; in a result that is splendidly falling into place for a much more consequential geopolitical landscape; things are going swimmingly…
Reuters Headline: “India’s Modi stuns opposition with huge election win”
NEW DELHI/AYODHYA (Reuters) – Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.
His re-election reinforces a global trend of right-wing populists sweeping to victory, from the United States to Brazil and Italy, often after adopting harsh positions on protectionism, immigration and defense.
The White House provided a background presser for information about President Trump and First Lady Melania Trump’s upcoming state visit to Japan. [Transcript below] There are some interesting aspects to the itinerary as outlined; however, first, it’s important to emphasize the context.
As CTH shared earlier: At the highest levels of finance and business; in a process within both private industry and the geopolitical realm of government; a key aspect to every long-term strategic reset is the formation of an alliance. Every successful titan of industry who has structurally changed history has influenced an alliance toward the effort.
I strongly suspect, in anticipation of the China confrontation; and considering the scale of the consequences therein; President Trump selected Japanese Prime Minister Shinzo Abe as the center of an Indo-Pacific alliance (several years ago). With the knowledge of USTR Lighthizer heading to Japan with an advance trade team…. now consider:
Via Teleconference – 2:31 P.M. EDT – PRESS OFFICER: Good afternoon, everybody. I’m happy you all could join. We have with us today [senior administration official]. He’ll be providing some brief remarks about the President’s upcoming trip to Japan and a few Q&A afterwards. This will be on background and you can attribute what he says to a senior administration official.
President Trump was scheduled to meet with House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer for a discussion over an infrastructure spending bill. However, after partisan remarks by Nancy Pelosi accusing President Trump of a cover-up, any hope of negotiating an infrastructure bill collapsed. President Trump is angered:
In a clear signal toward the trade conflict with the United States, Chinese Chairman Xi Jinping is preparing his nation for a protracted trade conflict. Chinese state-run media have been deploying propaganda to shift public opinion toward the U.S. as a direct threat, and the latest developments by Xi showcase that agenda.
(South China Post) Chinese President Xi Jinping has called for the nation to embark on a new Long March and “start all over again”, in the most dramatic sign to date that Beijing has given up hope of reaching a trade deal with the United States in the near term.
Xi is in Jiangxi province for his first domestic tour since the escalation of the trade war two weeks ago. Jiangxi is where China’s defeated Red Army started its fabled Long March in 1934, and Xi’s choice of destination is being viewed as an effort to invoke a spirit of endurance and to rally public spirit amid rising tensions with Washington.
Tonight President Donald J. Trump will be holding a high-energy MAGA rally at the Energy Aviation Hangar in Montoursville, PA. (North-Central PA) The President is expected to speak at 7:00pm EDT with pre-event speakers ongoing.
RSBN Livestream Link – GST Livestream Link – NBC Livestream Link
Louisiana congressional representative and house minority whip Steve Scalise discusses current trade and economic initiatives from President Trump’s agenda. Representative Scalise outlines the importance of the challenge to China and the benefits within the USMCA agreement.
Beyond the economics, Scalise notes the recent report about running for Louisiana governor stemmed from a short, off-the-cuff, conversation with President Trump and he dismisses the seriousness of the discussion.
Last month President Trump accepted an invitation from Prime Minister Shinzo Abe for a state visit to Japan May 25th through 28th. The Japanese government is honoring President Trump as the first state guest of the Reiwa Era, introduced with the coronation of Emperor Naruhito.
The official visit itinerary will include the first formal state banquet hosted by the Emperor Naruhito and Empress Masako. The visit is a big honor intended to convey the importance of the relationship between the U.S. and Japan.
Today Reuters is reporting that U.S. Trade Ambassador Robert Lighthizer will be heading to Japan (in advance of President Trump), to meet with Economy Minister Toshimitsu Motegi. It seems there’s a possibility Trump and Abe have something planned….
(Reuters) – U.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet Economy Minister Toshimitsu Motegi to accelerate trade talks ahead of a leaders’ summit a few days later, two sources with direct knowledge of the plan said on Monday.
After a late-April meeting between President Donald Trump and Prime Minister Shinzo Abe, Trump had said it was possible for the two allies to reach a new bilateral trade deal by the time he visits Tokyo in late May.
President Trump gave a lengthy interview to Steve Hilton on a variety of topics.
Commerce Secretary Wilbur Ross has to be the coolest cat in the crew. On May 15th at 6:00pm Ross blacklists Chinese Company Huawei, requiring Commerce Dept. licensing prior to any “American technology transferring to a company or person on the Entity List.” An hour later… Wilbur Ross is chillin’ in the East Room at a black tie dinner:
President Trump […] … And Wilbur had a very big day today. You probably have read about it. It came out at about 6 o’clock in the evening. So, we’re surprised to see you here, Wilbur. You should be working right now, Wilbur — (laughter) — wherever you are. (link)
The Chinese communists hate U.S.T.R. Lighthizer, but I bet they tremble more over Ross.
NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.