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Reuters: Multinational Car Manufacturers Assemble To Coordinate Strategy Against U.S. President Trump…

Interestingly Reuters uses the narrative from an anonymous Canadian “official” to frame an article about how global car manufacturers are coming together next week in Geneva to coordinate their strategy against the United States and President Trump.
Just let that part sink in for a moment…

Behind that context we can clearly see: 1) the economic importance of the Auto industry to the countries that are assembling; 2) their multinational corporate interest in retaining unlimited access to the U.S. market; and 3) the absolute need of all assembling corporations to find a way to keep their investments in NAFTA’s fatal flaw viable.
Who is gathering?  Canada, Mexico, the EU (ie. Germany), Japan and South Korea.
Where are they going?  To visit Geneva, Switzerland.  Why Geneva? Because that way China can attend (see Volvo/Sweden) without being on the official roster.  ::nudge, nudge:: ::wink, wink::  ::say-no-more Panda boy, say-no-more::  Additionally, Cecelia Malmström (EU Trade Minister), is the person Canada is relying upon to cover their anti-Trump position:

MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald Trump to impose tariffs on U.S. imports of autos and car parts, officials familiar with the talks said.

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White House Economic Advisor Kevin Hassett Discusses Details Within GDP Release…

The head of the White House Council of Economic Advisers, Kevin Hassett shares his perspective on the 4.1 percent GDP growth, and the ongoing MAGAnomic America-First initiatives.   Hassett rightly points out that finished good domestic inventories dropped as an outcome of consumer purchasing outpacing manufacturing.  As more manufacturing comes on-line, the production capacity expansion leads to more GDP growth.
Remember, one of the unique attributes of the U.S. economy, thanks to the foresight of industrial titans who built it, is our internal consumption.  We are not only the worlds’ largest economy, we are the biggest self-sustaining economy in the history of the world; a massively consequential strategic advantage. Our leverage comes from nations needing access to our market; the U.S. does not necessarily need access to theirs. Therefore POTUS Trump can dictate the terms.


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President Trump Delivers Remarks on The Economy….

Earlier today President Trump, Vice-President Pence and NEC Chairman Larry Kudlow delivered remarks on the economy from the South Lawn of the White House:


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[Transcript] South Lawn – 9:43 A.M. EDT – THE PRESIDENT: Good morning. Moments ago, the numbers for America’s economic growth — or GDP — were just released. And I am thrilled to announce that, in the second quarter of this year, the United States economy grew at the amazing rate of 4.1 percent. We’re on track to hit the highest annual average growth rate in over 13 years. And I will say this right now, and I’ll say it strongly: As the trade deals come in one by one, we’re going to go a lot higher than these numbers. And these are great numbers.
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Impromptu Presser With Wilbur Ross Aboard Air Force One…

No reports from the press pool on this, and there is some important granular information, so here’s the transcript:
[Transcript] Aboard Air Force One – En Route Dubuque, Iowa – 11:27 A.M. EDT
GIDLEY: I know we’re about to land. We wanted to bring Secretary Ross back to have conversation about just what happened yesterday with the agreement with the European Union and steps moving forward, and what the President was able to do in that agreement.
So with that, I’ll turn it over to Secretary Ross, and he’ll take questions after. And if we could, let’s keep it to topic.
SECRETARY ROSS: Okay, thank you very much. I think you’ve heard the general outline of what was done yesterday, namely a commitment to move toward three zeros: zero tariffs, zero non-tariff trade barriers, and zero subsidies.
Basically, the idea that — is to level the playing field. Europe right now has much higher tariffs and much higher trade barriers than we do. Their trade barriers are both in the form of regulations that are not science-based, and standards that also are not science-based. So they have the practical net effect of keeping products out, even if they had no tariff at all.
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President Trump Delivers Trade and Jobs Speech in Granite City, Illinois – 4:00pm Livestream…

This afternoon President Trump will deliver remarks on tariffs, trade and jobs in Granite City, Illinois following his tour of the Granite City Works steel plant.  The anticipated start time was 3:40pm; however, POTUS is running approximately 30 mins behind schedule.
UPDATE: Video Added


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MAGAnomic Trade Policy Interacting With Financial Systems – Multinational Wall Street vs Main Street U.S.A…

Originally outlined a year ago. Reposted by request, because we are watching it play out in real time: Believe me, at the heart of the professional/political opposition the issue is the money; there are trillions at stake.

President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time even before the election victory in November ’16.
If you get too far into the weeds the larger picture can be lost. CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.

Today we repost an earlier dive into how MAGAnomic policy interacts with multinational Wall Street, the stock market, the U.S. financial system and perhaps your personal financial value. Again, reference and source material is included at the end of the outline.
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Commerce Secretary Wilbur Ross Discusses Principles of U.S. / EU Trade Agreement…

Commerce Secretary Wilbur Ross appears on Fox News with Barf Baier to discuss the outlines of the trade agreement between the U.S. and E.U.
While there is overlap and a great deal of synergy depending on the deal being negotiated, within the central U.S. trade team each member has a specific region of responsibility to focus upon: ♦U.S.T.R Ambassador Robert Lighthizer has NAFTA; ♦National Economic Council Chairman Larry Kudlow and White House Manufacturing Policy Director Peter Navarro have China; ♦Commerce Secretary Wilbur Ross has the EU.
So it makes sense that Secretary Ross would be the point-person discussing the outlines of the U.S./E.U. trade agreement.


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Unscheduled: President Trump and EU President Juncker Joint Press Statement – 4:00pm EST…

The White House has announced an unanticipated joint press statement/availability between President Trump and EU President Jean Claude Juncker to be held at approximately 4:00pm EST in the Rose Garden.
Apparently the EU has agreed to President Trump’s terms on lowering industrial tariffs to enhance U.S. trade opportunities; lower non-tariff barriers to increase agricultural trade, and committed to increased import of LNG (liquid natural gas) to offset Russian energy dependence.  THIS is a developing story….
UPDATE: Video Added


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President Trump Participates in "Made In America" Product Showcase Event…

President Trump is emphasizing “Made in America” products at a White House event to celebrate products manufactured in the U.S.A. Approximately 344,000 manufacturing jobs have been created since the President took office:



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President Trump and Secretary of State Pompeo Respond to Threats From Iran…

Against the backdrop of U.S. withdrawing from the ill-fated Iran nuclear deal (JCPOA); and against the backdrop of looming U.S. sanctions therein; there has been an ongoing geopolitical simmering/positioning between allies and adversaries surrounding the current and future disposition of Iran.
Recently China, likely responding to economic trade leverage from the U.S., made a deal with Saudi Arabia for petroleum purchases weakening their alliance with Iran.  At the same time Turkey, a tenuous NATO ally, began positioning in advance of U.S. sanctions and removing Iran oil purchases.  Collectively, and with President Trump putting pressure on Russian President Vladimir Putin via Syria and Iranian influence, this has led to Iran feeling an economic squeeze similar to the previous Trump Doctrine leverage as witnessed in N-Korea.
Iranian President Hassan Rouhani is feeling the heat.  On Sunday he said “war with Iran is the mother of all wars.” That led to the tweet reply from President Donald Trump:

This follows on the immediate heels of a speech given by Secretary of State Mike Pompeo yesterday at the Ronald Reagan Presidential Foundation and Library in Simi Valley, CA.
There is a clearly coordinated and unified message:
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