National Trade Council Director Peter Navarro appears on Fox Business News to discuss the “reciprocity” proposals and the ongoing confrontation with China. Despite the honest examples provided, it is transparent from the delivery Navarro is attempting to calms the nerves of Wall Street. “EC” Economically Correct, presentation – Watch:
Without apology CTH continues to state all opposition to President Trump finds the epicenter of motive behind the economic policy. There are trillions at stake.
Yes, there are ideological differences, but do not doubt for a moment the existential threat is the core principle behind America-First economics.
Multinational corporations and global financial interests have more than a generation of effort invested within the modern trade and economic constructs that President Trump is challenging head-on.
Politicians do not construct legislation, K-Street lobbyists do. Hundreds of millions have been spent purchasing politicians as a sales force to protect those financial interests. Challenge their financial trade schemes and you are threatening the livelihood and financial systems that generate massive wealth for very powerful people. Additionally, the downstream effect threatens the affluence of the professional political class.
That said, there are American interests who will benefit, it’s just not popular within the cocktail party circuit to admit it:
(Bloomberg) China’s plan to counter U.S. import tariffs may throw global aluminum and steel traders into a tizzy, but the net result could be a boon for American primary-metal producers.
The retaliatory plan to slap tariffs on U.S. aluminum scrap and some steel products may boost American supplies, lowering raw-material prices, says Zaner Group LLC’s Peter Thomas. That could coax some metal producers to restart unused capacity in Rust Belt states if infrastructure spending picks up.
Secretary of Commerce Wilbur Ross appears on Lou Dobbs show to discuss the ongoing trade initiatives against China and the issues of intellectual property theft.
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Additionally, CNBC is reporting on possible retaliatory trade action by China in response:
CNBC – China’s commerce ministry proposed a list of 128 U.S. products as potential retaliation targets, according to a statement on its website posted Friday morning.
Commerce Secretary Wilbur Ross appears with Bloomberg Inc. to discuss the ongoing U.S. trade initiatives and the need for immediate and urgent trade reciprocity.
Within the discussion Secretary Ross talks about the current targeted tariff proposal, and why intellectual property theft by Chinese state-run companies poses a clear threat to U.S. economic growth and national security interests.
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From the Office of the U.S.T.R. – Washington, DC – Today President Trump announced his decisions on the actions the Administration will take in response to China’s unfair trade practices covered in the USTR Section 301 investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. U.S. Trade Representative Robert Lighthizer initiated the investigation in August 2017 at the direction of President Trump.
The President has instructed that the appropriate response to China’s harmful acts, policies and practices should include three separate actions.
This video highlights the insane naivete’ of ideological democrats who are willing to give away U.S. trade and manufacturing jobs because they refuse to understand economics and history.
Senator Maria Cantwell is from Washington State, home of Boeing Corp. The leading aerospace company already acquiesced to Chinese demands within a manufacturing/trade agreement for production in China requiring Boeing to give-up their technology. In this video, Cantwell is playing the role of Jeb Bush. First, WATCH:
Apparently Senator Cantwell doesn’t even know that Boeing, her state’s largest employer, is already bound to the agreement with China.
Many people may remember the specific example of Boeing, China and aerospace came up in a presidential primary debate between Donald Trump and Jeb Bush. It was one of the most eye-opening debate contrasts during the 2016 GOP primary.
During the January 2016 South Carolina debate, and in response to Trump pointing out a necessary shift in trade position (a shift to put American interests first – a shift to stop the dependency on cheap import goods – a shift to use China’s dependency on access to our market to OUR advantage), Jeb Bush came back with an example of Boeing manufacturing.
There’s a lot of news this week reflecting a great deal of oppositional alignment against the presidency of Donald Trump. CTH can get down in the weeds of each specific issue to discuss the motives and intents (we will, and do), but the big picture MUST remain at the forefront of understanding. If we lose track of the big picture, the weeds are overwhelming.
…“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.”
~ Niccolò Machiavelli
♦POTUS Trump is disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He is fighting, almost single-handed, at the threshold of the abyss. Our interests, our position, is zero-sum. Our opposition seeks to repel and retain the status-quo. They were on the cusp of full economic victory over the U.S.
In these economic endeavors President Trump is disrupting decades of financial interests who use the U.S. as a host for their ideological endeavors. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie. YOU. There are trillions at stake; it is all about the economics; everything else is chaff and countermeasures.
Familiar faces, perhaps faces you previously thought were decent, are now revealing their alignment with larger entities that are our abusers. In an effort to awaken the victim to the cycle of self-destructive codependent behavior, allow me to cue an audio visual example from U.S. Senator John Thune. WATCH:
President Trump signs a memorandum targeting trade action against China’s aggressive trade practices and intellectual property violations.
UPDATE: Video Added
Sneaky. CTH anticipated POTUS Trump would withdraw from NAFTA due to the FATAL FLAW that still remains unaddressed in all discussions. So it came as a surprise to see reports (opaquely cited) that U.S.T.R. Lighthizer was willing to drop the U.S. firm stance on content origination rules within the auto-sector.
Why would the Trump team agree to low thresholds of U.S. auto-parts used in American cars? It just doesn’t make sense. Still doesn’t… but no-one’s talking right now; and clarity is impossible to find. The bigger question remains: Why haven’t we pulled out yet?
Perhaps the answer to that question lies in the heart of a plan concocted by a small group of conniving GOPe multinational business interests. The tricksters are creating an enticement plan to insert domestic rules on U.S. regulations into a renegotiated NAFTA draft. The GOPe loves them some NAFTA. The GOPe will scheme to keep NAFTA.
Their current enticement plan is to work around congress, by structuring a NAFTA chapter on “rules of competitiveness”. If the scheme works as they have outlined, many domestic regulations currently tripping up expanded U.S. business development, specifically shipping/transportation infrastructure (ports/railroads), could be reduced or eliminated by putting rules to override U.S. regulations in a final NAFTA deal.
A timely book by Peter Schweizer, “Secret Empires”, explains how Chinese companies purchased U.S. politicians to gain trade advantages. When you understand this process, you better understand why those same politicians today are against the Trump trade policy that is antithetical to their purchased interests.
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Reminder: U.S. Chamber of Commerce President Tom Donohue is warning President Trump not to take any trade action against China or he will unleash his purchased control agents within congress and financial media to destroy his presidency.
President Trump meets with Saudi Crown Prince Mohammed Bin Salman (MbS) today at the White House. This is their first meeting since the “Great Realignment” began {Go Deep} and there is much to discuss:
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[Transcript] 12:07 P.M. EDT – PRESIDENT TRUMP: Thank you very much, everybody. It’s a great honor to have the Crown Prince with us.
Saudi Arabia has been a very great friend and a big purchaser of equipment and lots of other things. And one of the biggest investments in the United States is their — I guess it’s your big investment — is buying stock in companies and various other things in the United States and creating jobs.