President Donald Trump makes remarks and signs the “Executive Order to Promote Retirement Security in America” at the Harris Conference Center in Charlotte, North Carolina. Anticipated Start time 3:00pm.
UPDATE: Video Added

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Continual emphasis on the severity of Canadian politics is needed to understand the latest developments in the U.S-Canada trade negotiations.
The Trump administration set a deadline of today for Canada to join the U.S-Mexico trade agreement and make the NAFTA replacement agreement a three-way pact.  The concessions needed by Justin Trudeau and Chrystia Freeland to join the agreement were politically devastating.

In order for Canada to accept or join, via a NAFTA 2202 modification, they would need to agree to the U.S-Mexico modification terms. For Canada they would have to:

• open their telecommunications and banking sector (eliminate non tariff barriers).
• eliminate soft-wood (lumber) and aeronautics subsidies.
• begin a process of lowering their assembly use of Chinese/Asian goods.
• accept the rules of origin for North American manufacturing.
• eliminate protectionist tariffs on dairy and farm products.
• accept the U.S-Mexico terms for arbitration and dispute resolution.

President Trump and U.S. Lighthizer are holding all the cards.  As we previously highlighted they don’t care if Canada doesn’t join; the U.S. would likely prefer to send congress a NAFTA 2205 withdrawal notification removing the U.S. from the original 1993 NAFTA construct in combination with a simultaneous 2202 modification notification for the U.S-Mexico side of the agreement.
This would allow the U.S. to go into a one-on-one trade negotiation where six months and a day from the 2205 notice. The U.S. would then apply 25% auto tariffs on Canadian made vehicles while negotiating a bilateral deal. Canada is in a very weak negotiating position; politics are paramount for the Canadian team; their exit needs political cover.  Media need to help the optics for the Canadian team.
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Prime Minister Justin Trudeau speaks Friday, August 31, 2018 about the Canadian perspective on trade negotiations with the U.S. – Everything about the Canadian position is framed through the prism of politics not economics. Virtue signalling is the primary tactic.
Trudeau and Foreign Minister Chrystia Freeland are in a tenuous position, they cannot accept the terms of the U.S-Mexico deal because they cannot afford to drop the protections and carve-outs within their highly controlled and subsidized economy. Canada would have to: drop telecommunications and banking barriers; drop protectionist tariffs on Dairy and agricultural products; and drop subsidies for the lumber and aeronautics industry.

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Well, there’s yet another promise kept.  Candidate/President Trump always said he would deploy the “killers” to renegotiate trade deals:

…‘When it comes to negotiating, “Robert Lighthizer is a vicious son of a bitch.”…

~Gordon Ritchie

Somehow I think this type of criticism will only elevate U.S. Trade Representative Robert Lighthizer in the eyes of President Trump.
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Last Sunday Representative Darrell Issa was being interviewed by Maria Bartiromo about the testimony of Bruce Ohr when Issa innocuously said that Nellie Ohr was working for Fusion GPS in 2015.  Previous to that statement by Issa the timeline for Nellie Ohr working with Fusion GPS began in April of 2016 (simultaneous to Fusion beginning the contract work for the Clinton Campaign and sub-contracting of Chris Steele).

If the 2015 date was correct, this was a big deal; a VERY BIG deal.  Well, today amid other revelations within an excellent report by Chuck Ross at the Daily Caller, the 2015 date is confirmed:

[…] Republicans pressed Ohr about how his wife, a Russia expert named Nellie Ohr, came to work for Fusion GPS.
Ohr testified that Fusion approached his wife for a job and that she began working for the research firm in late 2015. California GOP Rep. Darrell Issa said Ohr testified that his wife was paid $44,000 by Fusion GPS. As TheDCNF has reported, Ohr did not disclose his wife’s Fusion income on his annual ethics disclosure form.

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Tonight President Trump heads to Evansville, Indiana for a MAGA rally at the Ford Center.  President Trump is in Indiana on behalf of Senate candidate Mike Braun. Anticipated start time 7:00pm EST with pre-rally speakers and events ongoing.
With all of the ongoing trade news circling Washington DC, in combination with the latest testimony from DOJ and FBI officials, this is a rally speech not to be missed.
RSBN Livestream Link – Fox News Livestream Link – Fox10 Livestream Link

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The financial media is all a flutter based on a Bloomberg report that President Trump is likely to apply tariffs on $200 billion in Chinese goods.  DUH !  Why do they think U.S.T.R. Lighthizer has been conducting open section 301 tariff hearings for the past week?  Of course President Trump is considering tariffs on $200 billion in trade goods; this approach is not exactly a secret.
Then again, most of the financial media are clueless about the larger economic strategy and how China ties into the negotiations with North Korea.  I digress.

The proposed tariffs are a supplemental action in response to China’s unfair trade practices related to technology transfer, intellectual property, and innovation, based on the findings in USTR’s investigation of China under Section 301 of the Trade Act of 1974. Tariffs on $34 billion in goods from China are currently in effect, and tariffs on an additional $16 billion took effect on August 23rd, 2018.
The issue is not *if* President Trump will apply the 301-tariffs, the question is *how* and *when*?
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Based on almost a year of reluctance by AG Jeff Sessions and DAG Rod Rosenstein to take any substantive action that would weed out the corrupt officials within the institutions of the DOJ and FBI; and considering the level of willful blindness, evidenced in 2017, by Sessions, Rosenstein, Christopher Wray and David Bowditch as they avoid addressing the corruption found by congress and the DOJ Inspector General; we accepted –reluctantly– that no other corrective recourse was available for President Trump except to fire the four inept leaders after the 2018 mid-term election.

It now appears that approach is looming.  A Bloomberg interview with President Trump in the Oval Office:

WASHINGTON DC – President Donald Trump said Attorney General Jeff Sessions’s job is safe at least until the midterm elections in November.
“I just would love to have him do a great job,” Trump said Thursday in an Oval Office interview with Bloomberg News. Asked if he’d keep Sessions beyond November, he declined to comment. (read more)

For Canada it’s all about politics and face-saving. How to tell? Well, after Canadian Foreign Minister Chrystia Freeland went out of her way last night to tell the media she would not conduct negotiations in the press, Freeland runs back to the press to discuss the ongoing negotiations. She is signaling to a domestic audience…. nothing more.
Domestically Justin and Chrystia from Canada have seen complete collapse in support from the Canadian electorate. Canadians have little confidence that Chrystia and Justin are capable of negotiating a deal that will benefit their economy. Trudeau and Freeland rolled the political dice; played political games; and crapped out.
Mexico (Seade) and the U.S. (Lighthizer) have structured a strong trade agreement that benefits both countries and creates an actual manufacturing and commerce bloc. Canada has no option except acquiescence, if they want to avoid Lighthizer sending a 2205 notification to dissolve the Canadians from the U.S-Mexico deal.

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In January 2018, when still attempting the political use of the negotiations, Freeland burned Lighthizer. The U.S. Trade Rep has not forgotten. Canada’s ability to enter the deal is now dependent on Lighthizer allowing them a way to save face.  Robert Lighthizer, like Trump, really doesn’t care…. The U.S. is in an overwhelming winning position either say…. Hence, Freeland’s continual appearances in the media, she’s shook.
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Ezra Levant of The Rebel Media discusses the background of Justin from Canada politicizing trade negotiations with President Trump eventually leading to a complete collapse of trade diplomacy.

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