There’s a term called “zeroing” at the heart of this World Trade Organization decision that supports President Trump, Secretary Ross and USTR Lighthizer.
When an industry product like Canadian softwood lumber is shipped into the U.S. for sale at a lower price than exists in Canada, the U.S. Commerce department calls that “dumping“. If the Canadian product is the same or higher in the U.S. as it is in Canada there is no dumping. No dumping is a “zero” or normal price differential; hence “zeroing”.

The Canadian government is subsidizing their lumber industry by allowing tree removal from federal land at discounted rates so long as the lumber is exported. This made softwood lumber cheaper in the U.S. than in Canada and set up the dumping issue.
[NOTE: This is the same issue with Steel and Aluminum from China]
U.S. lumber mills were going out of business because Canada was dumping subsidized product into the U.S. market at a discounted rate. As a consequence, in 2017 Commerce Secretary Wilbur Ross instituted a 20% tariff on Canadian lumber to protect the U.S. lumber industry. The tariff is a countervailing duty to offset the Canadian subsidy. ie. “zeroing”.
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Put this into the geopolitical file labeled: “Things that make other things make sense”… You only need to watch the first minute and fifteen-seconds of this announcement to see the bigger BIG picture. WATCH:
[Transcript Snippet] … “This is the first time that the United States has designated a part of another government as an FTO. We’re doing because the Iranian regime’s use of terrorism as a tool of statecraft makes it fundamentally different from any other government. This historic step will deprive the world’s leading state sponsor of terror the financial means to spread misery and death around the world.”
Two months ago President Trump nominated Undersecretary of Treasury David Malpass to the position of World Bank President. Today the executive directors voted unanimously to select Mr. Malpass.

WASHINGTON, April 5, 2019 – The Executive Directors of the World Bank today unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board expressed its deep gratitude to Interim President Kristalina Georgievafor her dedication and leadership in recent months. (see more)
As President Trump’s World Bank nominee Mr. Malpass appeared on Fox News with Trish Reagan to discusses his vision for the international financial institution. Below:
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President Trump is joins Border Patrol and Homeland Security officials for a roundtable on solving the crisis at the U.S.-Mexico border. Anticipated Start time 3:15pm EDT.
UPDATE: Video Added
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National Economic Council Director Larry Kudlow discusses the latest BLS jobs report, the overall health of the economy and U.S-China trade discussions.
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The Bureau of Labor Statistics (BLS) released the March employment report earlier today showing strong job growth of 196,000 with the unemployment rate remaining 3.8%. Also, in March, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent.

The employment result was stronger than most analysts predicted; and comes amid stronger home sales and higher manufacturing numbers. The economy is strong, balanced and shows no signs of weakness. January and February were also revised upward by 14k.
The strong March (+196k) makes the weak February report (+33k) look like an outlier. Using January (+312k), the three-month average is now 180,000 jobs gained.
(Via CNBC) […] Economists had been expecting 175,000 jobs for March. The unemployment rate remained at 3.8% as expected.
President Trump Delivers Remarks on China Trade and U.S-Mexico Border Issues (Video and Transcript)…
President Trump delivered remarks today during a White House Opportunity and Revitalization economic group meeting. [Video and Transcript Below] What is the axiom that needs to be continually referenced when contemplating the forces aligned against President Donald Trump? “There are trillions at stake“.
President Trump is single-handily navigating U.S. interests amid a landscape where the entire BIG CLUB is aligned against him. All but a handful of DC politicians are owned by Wall Street’s BIG CLUB (Donohue and McConnell); multinationals & allied media. Meanwhile, to enhance their self-interests/plans, the ‘Occupy’ left-wing Democrats have abandoned all prior positions and joined a tactical alliance with Wall Street in the hopes of removing President Trump. These are the forces against all ‘America First‘ policies.
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[Transcript] -White House – […] PRESIDENT TRUMP: We’re losing, a few years ago, two hundred, routinely, to China. We can’t do that. We’re going to turn it around. It’s got to be a great deal. If it’s not a great deal, we’re not doing it.
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This is a rather remarkable statistic [Technical Data Here] Weekly unemployment claims dropped to 202,000 for the week ending March 30th. That’s the lowest level of jobless claims since December 1959. More people are working today than ever in U.S. history. [The DOL jobless claims statistic is not connected to the unemployment rate; the BLS unemployment report for March will be announced tomorrow morning.]

(Via CNBC) The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.
Initial claims for state unemployment benefits declined 10,000 to a seasonally adjusted 202,000 for the week ended March 30, the lowest level since early December 1969, the Labor Department said on Thursday.
President Trump’s MAGAnomic policies are tailored to raise the income levels of all Americans; however, to the anxiety of his political opposition, the focus for greatest economic benefit is the middle-class, blue-collar and white-collar workers.
In essence, the demographic hardest hit by 30 years of bad policy is the demographic receiving the largest gains from a return to Main Street, ‘America-First’ policy.

It is not really a complex dynamic to understand. Abandon the flawed multinational policy that led to outsourcing and overseas investment, and what you get is domestic growth and investment in the United States. That’s the heart of America-First.
(Pennsylvania) Bell-bottoms were the height of style the last time the Pittsburgh region saw unemployment dip as low as it was in February.
Suspicious Cat says this story is suspicious. A Chinese woman, Yujing Zhang, used fake names and different stories to explain why she was at the Southern White House. Secret Service Agents said they seized four cell phones, a laptop computer, and a thumb drive that had malware on it….

WEST PALM BEACH — A 32-year-old Chinese woman, who said she wanted to talk to President Trump’s family about economic relations between the United States and her home country, lied her way into Mar-a-Lago over the weekend before she was arrested, U.S. Secret Service agents said.