Those who are following the Trump Doctrine, strategic U.S. geopolitical alliances, and the bigger part of the big picture for how President Trump and the administration are positioning the U.S. economy toward lessening ties with China, will note the significance of this speech and the content therein.  The media will remain oblivious to it.
The Trump Doctrine surrounds modern international economic engagement only possible with a president who is not beholden to the multinational corporations and multinational banks who occupy lobbying offices on K-Street in Washington DC.  A key component of the approach is the ability to build relationships which can be leveraged for America-First interests with national economic partners aligned in common cause.
Under the Trump Doctrine, India is a strategic economic counter-weight to remove the leverage China has created for the past 20+ years.  Nothing that has happened within the strategic approach of President Trump happens accidentally.  Even the positioning of U.N. Ambassador Nikki Haley is a part of this dynamic lost on almost everyone except a few who understand the insight of a president who has thought through every angle for years prior to taking office.
Small, seemingly obscure, details are part of the big picture; nothing is without design.  Understanding this principle helps to assemble the framework for this speech by Secretary Rex Tillerson.  WATCH:

“China, while rising alongside India, has done so less responsibly, at times undermining the international, rules-based order even as countries like India operate within a framework that protects other nations’ sovereignty.”

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President Trump’s MAGAnomic Main Street policy initiatives surround a very basic set of principles.  To add wealth to the middle class you: A.) increase wages, and B.) lower the cost of living.
Increasing wages is the long-term economic outcome from America-First business and corporate manufacturing policies (Secretary Wilbur Ross), in combination with fiscal policies (Secretary Mnuchin).   Subsequently, within his economic agenda, President Trump visibly engages an extraordinary amount of effort on both Commerce and Treasury.
However, there’s a part of the plan for reestablishing middle-class wealth that also comes from lowering the cost of living (high consumables).  That’s where EPA Administrator Scott Pruitt intersects with Ross and Mnuchin as Pruitt works to lower energy costs.

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Lowering energy costs has an exponential benefit to the overall economy.  Not only does it drive down the cost of domestic highly consumable products, but it also binds the building blocks of the manufacturing and production sector.  Lower energy costs offset higher wages on products manufactured for export and helps keep the U.S. competitive.
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The latest 2nd quarter (April – June) GDP growth estimates have been revised to show an increase of 3.1% breaking the economic threshold of three percent President Trump established as a growth goal. Economists snarked it would never happen.
However, perhaps even more interesting for CTH readers who have been following MAGAnomic predictions, are the numbers inside the economy and the downstream activity within an economy focused on Main Street instead of Wall Street.

Here’s the presentation from Reuters.  I’ve pulled out some paragraphs that specifically relate to earlier discussions on the New Economic Dimension, and possible behavior.  It’s happening folks. What we earlier thought might happen is now happening.

WASHINGTON (Reuters) – The U.S. economy grew a bit faster than previously estimated in the second quarter, recording its quickest pace in more than two years, but the momentum probably slowed in the third quarter as Hurricanes Harvey and Irma temporarily curbed activity.
Gross domestic product increased at a 3.1 percent annual rate in the April-June period, the Commerce Department said in its third estimate on Thursday. The upward revision from the 3.0 percent rate of growth reported last month reflected a slightly faster pace of inventory investment.

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President Trump will be delivering a speech today in Bismarck, North Dakota discussing the tax reform proposal with workers from the energy sector.
Expanding the energy sector of the economy, and creating new exports, has been the foundational building block for a variety of economic initiatives including the geopolitical strategy of using economics to secure U.S. national security interests.
RSBN Livestream Link – WH Livestream Link – Alternate Livestream Link

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Despite the good news, the insufferable MSM are still trying to bury the cause and effect. In an effort to give a more precise picture I’m going to use a Reuters summary, and shift their text location to highlight what they bury and emphasize what they avoid:
WASHINGTON (Reuters) – The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.
Gross domestic product increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 percent pace reported last month reflected robust consumer spending as well as strong business investment.
Growth last quarter was the strongest since the first quarter of 2015 and followed a 1.2 percent pace in the January-March period. Economists had expected that second-quarter GDP growth would be raised to a 2.7 percent rate.
♦[…] Businesses helped to carry the economy in the second quarter, with spending on equipment jumping at a rate of 8.8 percent. ♦[…] Trade added two-tenths of a percentage point to growth. ♦[…] Government spending contracted for a second straight quarter. ♦[…] Housing was a drag on growth in the last quarter, with investment on home building contracting at a 6.5 percent rate.
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Beijing (China) is attempting to “trigger” President Trump’s internal neo-con and militaristic opposition. Stay frosty, avoid emotional reports demanding military engagement, and remain steady with a high altitude perspective.
Multiple reports now confirming that North Korea has conducted a missile test. The flight path escalates the issues by crossing over part of Northern Japan. In essence, Beijing China just threw an elbow at President Trump. [The likely “Why” follows breaking report]

TOKYO (Reuters) – North Korea fired a missile that passed over northern Japan early on Tuesday, the Japanese government said. The government’s J-Alert warning system advised people in the area to take precautions, but public broadcaster NHK said there was no sign of damage.
The Japanese military did not attempt to shoot down the missile, which passed over Japanese territory around 6:06 a.m. local time (2106 GMT). (Reuters)

Japanese Prime Minister Shinzo Abe, speaking to reporters in Tokyo after the launch, said the missile appeared to have passed over airspace and that the government was urgently collecting intelligence on the incident and doing everything to ensure the safety of its citizens, according to remarks broadcast on NHK, Bloomberg News reports.
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Being on the leading edge of history as it unfolds is a great deal of fun.  Everything is proceeding according to plan.  This is The Trump Doctrine playing out on the geopolitical stage and we all have references to smile about. Swimmingly.
Remember, when President Trump gave truthful, and rightful, ownership of the Muslim Brotherhood’s extremism to the Arab Gulf States? Their first response was to refute the position. Quickly they accepted reality; and now the GCC, led by Saudi Arabia, is confronting MB’s enabler, Qatar.
Remember, when President Trump gave truthful, and rightful, ownership of North Korea’s nuclear ambitions to China? The first response was Beijing refuting the position. Eventually they accepted reality; that process is ongoing.

On Monday President Trump gave truthful ownership of the Taliban to Pakistan. Well:

KARACHI, Pakistan (Reuters) – Pakistan has rejected U.S. criticism of its efforts to fight terrorism, saying it should not be made a scapegoat for the failure of the U.S. military to win the war in Afghanistan.
U.S. President Donald Trump unveiled his policy for Afghanistan on Monday, stepping up the military campaign against Taliban insurgents and singling out Pakistan for harboring them.

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“It can’t be done”, they said. “There’s no way Trump can achieve 4.0% economic growth” they said.  The Congressional Budget Office said economic projections were “improbable”, they said….  “Impossible”, they said.
Yeah, well, Donald Trump said: “Impossible is just the starting point“.  And now:

NEW YORK (Reuters) – The U.S. economy is on track to expand at a 4.0 percent annualized pace in the third quarter with inventory investment contributing 1.12 percentage points to growth, the Atlanta Federal Reserve’s GDP Now forecast model showed on Thursday. (read more)

How is this possible?  Well, if you’ve never had to wash your hands with Lava – it might seem impossible.  For those who have washed with Lava, it’s simple common sense.
The Gross Domestic Product (GDP) growth, is the growth in value of all goods and services produced within the economy over a specified period of time.  A key part of that equation is the sum total of exported goods minus imported goods is part of the measure.  Only the stuff created in the U.S. increases the growth dynamic.  If you import more, the GDP shrinks.  It’s simple arithmetic.
If you grow exports, and maintain a constant on imported products, the net lowering of the trade deficit adds to GDP growth. It’s not a hard equation.  If our economy is making more stuff, our economy is growing.
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President Trump is anticipated to deliver remarks from Trump Tower in New York City today following meetings with national business leaders and developers. The focus is on removing regulatory hurdles for massive infrastructure development. Anticipated start time 3:45pm to 4:00pm
UPDATE: FULL VIDEO ADDED

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Forget the social chaff and political countermeasures being promoted in the media. It is all manufactured distraction.  It’s MONEY that matters to the powerful interests in the upper suites of the corporate media apparatus.

Everything, e.v.e.r.y.t.h.i.n.g, every story, is circling the upcoming economic and financial trade confrontations.  There are trillions at stake and President Donald Trump is facing off against the international “BIG CLUB”.  The purchased multinational political entities who operate within the massive and institutional multinational corporate and financial networks behind the World Bank and World Trade Organization.
NAFTA re-negotiations are set to begin in Washington DC this coming Wednesday. President Trump is meeting with Trade Team U.S.A tonight.

♦ Last week Mexico’s Economic Minister Ildefonso Guajardo threatened to flood the U.S. with illegal aliens, South American gangs and massive illegal drugs shipments if the U.S. doesn’t keep favor with Mexico in the trilateral trade deal. –LINK–

♦ Now today, Canadian Foreign Minister Chrystia Freeland states that Canada will walk away from re-negotiated NAFTA if Chapter 19 trade dispute resolutions are not retained. –LINK–

What Canada seeks to keep is a dispute mechanism that specifically politicizes the NAFTA trade resolution process.  Chapter 19 establishes a bi-national panel who make binding decisions on complaints about illegal subsidies, dumping, manipulation of trade and possible countervailing duties.
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