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Economic Diplomacy – China Refuses a Dozen Cargo Ships of North Korean Coal…

During the February 2016 GOP primary debate candidate Trump told the world what he would do in response to continued North Korean missile aggression –SEE HERE–  In January of 2017 President Trump repeated the message –SEE HERE–

On April 6th and 7th, last week, President Trump and Chinese President Xi Jinping held a two day summit discussing trade and North Korea.   The United States and China are the two largest economies in the world.  Now see this:

A fleet of North Korean cargo ships is heading home to the port of Nampo, the majority of it fully laden, after China ordered its trading companies to return coal from the isolated country, shipping data shows.

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President Trump and President Xi Hold Talks in Mar-a-lago…

Today President Trump and President Xi JinPing of China conducted bi-lateral meetings to discuss ongoing concerns surrounding trade, finance, military engagement, and the need for China to assist in leverage over North Korea’s hostilities.

[Transcript] 11:22 A.M. EDT – PRESIDENT TRUMP:  I just want to say that President Xi and all of his representatives have been really interesting to be with.  I think we have made tremendous progress in our relationship with China.  My representatives have been meeting one-on-one with their counterparts from China.  And I think, truly, progress has been made.  We’ll be making a lot of additional progress.

The relationship developed by President Xi and myself I think is outstanding.  We look forward to being together many times in the future.  And I believe lots of very potentially bad problems will be going away.

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President Trump and First Lady Melania Trump Welcome President Xi Jinping and

President Donald Trump and First Lady Melania Trump welcomed Chinese President Xi Jinping and his wife to a summit at Mar-a-lago, President Trump’s private Florida beach resort and residence.

President Xi and his wife were greeted by President Trump and first lady Melania Trump at the Mar-a-Lago estate before making their way to dinner.

Ahead of the dinner, Trump said he and Xi already had had a long discussion and had “developed a friendship,” and then joked, “I have gotten nothing, absolutely nothing.”

The White House said the location was selected to give the two days of discussions a more relaxed feel. A number of Trump’s top advisers were in attendance, including his daughter, Ivanka Trump, and son-in-law, Jared Kushner.  (AP report)

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Remarkable Jobs Growth Continues – Economists Struggling to Quantify Growth…

According to ADP payroll processing U.S. private employers are estimated to have added 263,000 jobs in March.  This is likely more than the number employers hired in February and well above economists’ expectations.  This is the largest anticipated job growth in the past two years.

The earlier forecast by ADP National Employment Report estimated growth of 187,000 jobs, with median-range economic estimates spanning 110,000 to 225,000.  The current report is jointly developed with Moody’s Analytics.

The U.S. Labor Department’s more comprehensive non-farm payrolls report comes out on Friday and will include both public and private-sector employment.  Economists polled by Reuters were looking for U.S. private payroll employment to have grown by 175,000 jobs in March, less than the 227,000 in February – so the 263,000 estimate has caught them off guard.  The ADP results are much stronger (100,000 more) than anticipated.

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A Builder President Talks Shop With North American Tradesmen and National Builders…

President Donald Trump was well inside his comfort zone today at the Hilton in Washington DC during a speech to the North America’s Building Trades Unions National Legislative Conference.  An epic speech, well worth watching.

For the first time ever a president who actually understand the building, trade and construction industry delivered a speech to the men and women who build America’s highways, roads, bridges, buildings and national infrastructure.   President Trump called out many of the trade union members by name.  Lots of fun:

…The era of economic surrender has come to an end.  It’s come to an end.  We have surrendered as a country to outside interests.  The era of economic victory for our country has just begun.  You will see.. Oh, you will see..

[Transcript] 12:25 P.M. EDT – THE PRESIDENT:  I know these people well, you wouldn’t believe it.  I know them too well.  (Applause.)  I know them too well.  They cost me a lot of money.  (Laughter.)  I spent a lot of money, but I love them, and they’re great, and their people are fantastic.  And nobody does it like you people, right?  Nobody.  We talked about that — incredible.  Incredible people.

So it’s great to be back with America’s builders.  (Applause.)  So did you ever think you’d see a President who knows how much concrete and rebar you can lay down in a single day?  Believe me, I know.  I know.  (Applause.)  We’re a nation of builders, and it was about time we had a builder in the White House, right?  (Applause.)  We have a builder.

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President Trump and VP Pence Host American Business Town Hall…

This morning President Trump and Vice-President Pence hosted a town hall on American Business.  The town hall consisted of CEOs and business leaders gathered to discuss infrastructure and the need to reduce regulations in order to help alleviate the restrictions that have plagued businesses.

[TRANSCRIPT] 10:41 A.M. EDT – THE VICE PRESIDENT:  It’s a great privilege to be able to welcome you to the White House.  Thank you so much.  I want to thank everyone involved in the Partnership for New York City — Michael Corbat, Stephen Schwarzman.

It’s an honor to have the leaders that are gathered in the room here with us today.  I know the President is on his way over, and it’s my great privilege this morning to share a few thoughts, in the midst of this important conversation on the topics that you’re covering before I introduce my friend and the 45th President of the United States.

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Epic Sunday Talk: Commerce Secretary Ross -vs- Jake Tapper…

Oh man, THIS is epic. 

This is what happens when you take an intellectual gnat carrying nothing but ‘talking points’ (Tapper), and have them interview a Subject Matter Expert (Ross).

Secretary Wilburine hilariously flicks off the stuttering gnat with an immediate ‘Triple Farkas‘.

• Tapper: Muh “Chinese currency manipulation”?
• Wilburine: ‘I’m the Secretary of Commerce not Treasury’.

• Tapper: Muh “Well, Builder Trump used Chinese steel to build”?
• Wilburine: ‘Builders hire contractors, they purchase materials’.

• Tapper: Muh “But, but… Trump signed XO in different room”?
• Wilburine: ‘Where President Trump signs orders is not of particular concern’.

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Important note: Notice how not a single question of Commerce Secretary Wilbur Ross was related in any way to commerce or trade.

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Trumponomics – Yes, Manufacturing Can and Will Return – And Wages Are Going Up, Bigly…

Yesterday President Trump met with the National Association of Manufacturers group in the White House to discuss the outlook for manufacturing jobs gains and the larger increase in actual manufacturing sector gains.

The results of surveys conducted with current manufacturing companies is stunning with 93% holding an optimistic outlook.

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President Trump Meets With National Association of Manufacturers…

President Trump met earlier today with the National Association of Manufacturers to discuss a survey of 14,000 manufacturer members which reflects intense optimism and a stunning 93% positive outlook for growth.

The Manufacturing Association has been conducting the business review for twenty years and this is the highest ever recorded level of optimism for manufacturing jobs in two decades.  [Keep a close eye on wage rates, they are about to jump – Bigly.. /SD]

[TRANSCRIPT] 12:09 P.M. EDT –  THE PRESIDENT:  We have some really good news today that’s really fantastic — these numbers.  Today I’m delighted to welcome the National Association of Manufacturers to the White House.  It’s a great group of people.  I know many of them well.

And I want to thank your president and CEO, Jay Timmons, for being here with us today.  Great job.

MR. TIMMONS:  Thank you.

THE PRESIDENT:  Great job, Jay.

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President Trump Signs Four House Bills Reversing Obama-era Regulations…

On Monday, March 27, 2017, the President signed into law a series of bills to reverse rules and regulations authorized by the previous administration on education, federal land use and fair pay.


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