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Transcript of Mnuchin and Tillerson Press Briefing – G20 and Beyond…

Secretary of State Rex Tillerson and Treasury Secretary Steven Mnuchin outline the past 48 hours of diplomatic discussions within the framework of the G20.

**Remember** as you read this transcript, e.v.e.r.y.t.h.i.n.g eventually boils down to economics and the seismic geopolitical shifts currently underway.  (See Bottom for Important Detail)

[Transcript] 7:18 P.M. CET – SECRETARY MNUCHIN: Hi, everybody. I just want to highlight very briefly, and then Secretary Tillerson will go on, and then afterwards we’ll both answer a few questions.

But President Trump has had a very, very significant few days. I think, as you know, we went to Poland on Wednesday. In Poland, he met with 12 different leaders. We had bilats with Croatia and with Poland, as well as 10 other leaders at the Three Seas Conference where we talked about energy — the importance of the energy markets, the importance of supplying independent energy, infrastructure and opportunities there. I think, as you know, the speech which was just incredibly well-received, is part of our “America First But America Not Alone.”

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President Trump Prepares Economic Team For Upcoming Challenge – Generational Trade Geography…

A “SME” (pronounced ‘smee‘) is a Subject Matter Expert.   President Trump’s entire cabinet is an assembly of specific SME’s for a specific economic purpose.

The entire landscape of modern geopolitics is an assembly of various nations specifically focused on their economic interests.  Fundamentally, the economics of a nation is the cornerstone for their ability to hold, advance, influence and present their ideology.

Without the underlying economic capability to provide sustainability and stability, the nation, any nation, cannot maintain itself regardless of the underlying political outlook.  In short, as the old verse presents: “money makes the world go ’round“.  Everything boiled down to it’s essential core – is about economics.

The shock to the system of modern multinational financial interests was created by an earthquake known as Trump; which created a seismic shift via the 2016 U.S. presidential election outcome.

The tectonic political and economic shift was so unsettling to the global elites -who created a decades-long system of global financial interests- they have been thrashing around desperate to regain footing ever since.

All modern political alliances are based on this economic reality, and every single action taken by every member within each grouping is based on their affiliated and interconnected self-interest in the underlying economic equation.

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Trump Doesn’t Bluff – Observers, Writ Large, Continue To Find Emphasis on the Wrong Syllable…

Sharing only because CTH readers have a more thorough understanding than most; and we are entering a phase of extreme consequence.

Donald Trump doesn’t bluff.

Bluffing is for those who accept they may or may not win.  The outcome is based on an unpredictable response from the opponent.

In business or in life, go review the decades of available information and you will see that Donald Trump, now President Trump, doesn’t bluff.  It’s one of the reasons he so openly owns the downsides.  It’s also the reason he has never engaged in the stock market.

President Trump controls outcomes.

Donald Trump the person, doesn’t wait for an entity, ally or opponent to enter his orbit. He greets them at the perimeter.   Trump doesn’t sit with his back to the door, he positions to see all upon entrance.   Donald Trump doesn’t try to hide his interest, he’s quite open about any engagement he is focused upon.

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Secretary Rex Tillerson Issues Statement on North Korea ICBM Test…

U.S. Secretary of State Rex Tillerson issues a formal statement in response to the ICBM missile test conducted by North Korea:

The United States strongly condemns North Korea’s launch of an intercontinental ballistic missile. Testing an ICBM represents a new escalation of the threat to the United States, our allies and partners, the region, and the world.

Global action is required to stop a global threat. Any country that hosts North Korean guest workers, provides any economic or military benefits, or fails to fully implement UN Security Council resolutions is aiding and abetting a dangerous regime.

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President Trump Points Out Low Gas Prices – Wants Them Even Lower…

President Trump is drawing attention to something many people are overlooking.  Smart tweet to draw attention to gas prices.  Good strategy to highlight “Winning”.

Trump Energy Plan Expanded HERE

March Executive Order HERE – $20 Billion for Eleven New Refineries Announced HERE

 

President Trump Will Promote U.S. Natural Gas Exports in Poland – Chancellor Merkel Does Not Approve…

President Trump and Germany’s Chancellor Angela Merkel spoke at length today in advance of the upcoming G20 summit in Hamburg Germany and they set up a pre-summit meeting for Thursday.   President Trump leaves for Europe this Wednesday 7/5/17.

President Trump is expected to promote U.S. natural gas exports (LNG) during a scheduled enthusiastic visit to Poland.  Fraulein Merkel is not happy; not one little bit.  Merkel wants EU to buy LNG from Russia.

There’s a massive amount of irony in the narrative that Merkel is the savior of global leftist ideology yet she wants to be even more cozy with Russia for energy.  Meanwhile, regarding President Trump, the Merkel supporting left is on an anti-Russia crusade.  Go figure.

(Via Reuters)  […] Europeans will be watching to see whether Trump clarifies his administration’s position on a new pipeline to pump Russian gas to Germany, known as Nord Stream 2.

The U.S. Senate in June passed a package of sanctions on Russia, including provisions to penalize Western firms involved in the pipeline. The new sanctions have stalled in the House of Representatives.

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Trumponomics Report: U.S. Manufacturing Activity Rises Near Three Year High…

Continuing to look at the new economy through the prism of the new dimension, CTH notes the manufacturing landscape is shaping itself as predicted.  However, the disclaimer should also be noted that most economic observers are stuck in old economic paradigms.

[…]  The Institute for Supply Management said Monday that its manufacturing index rose to 57.8 last month from 54.9 in May. Anything above 50 signals that factory activity is increasing. The measure now stands at its highest level since August 2014, pointing to solid economic growth. (link)

Overall the trend-line is very positive for a resurgence in U.S. manufacturing.  According to the report fifteen of the eighteen manufacturing industries surveyed posted growth in June.  Those gains included: furniture, machinery, fabricated metals, petroleum and coal sectors. One transportation equipment firm surveyed for the report said “demand is up 5 to 7 percent.”

The manufacturing base is responding (via investing) to predictable market patterns.  However, the rate of response (production investment) will increase in direct proportion to the upcoming (late summer) trade negotiations.  Please keep that in mind.

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Video: Never Accept Ugliness as a Form of Beauty…

This is a really well put together video by Paul Watson of Info Wars, talking about how modern architecture is yet another victim to the social engineering of the Fabian Socialists.

It’s fifteen minutes long but with well constructed segments to back up a solid argument that social outcomes are driven in part by the ideology of those who create the environmental space. Nicely presented, albeit rather disquieting to contemplate upon.

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H.R. McMaster and Gary Cohn Brief Media on Upcoming Presidential Trip To Poland and Germany…

For the past three days we’ve been assembling a great deal of research on visible back-channel communication amid numerous nations and their economic teams.  There are tectonic plates shifting just below the Geo-political surface, and we will be outlining many of them, along with the predictable economic outcomes (bigly), in the next few days.

In the interim, it’s useful to review the latest information from NatSec McMaster and NEC Cohen as it relates to the upcoming objectives from the next segment of foreign travel.

National Security Advisor General H.R. McMaster and Director of the National Economic Council Gary Cohn pre-brief the media on President Trump’s upcoming trip to Poland and Germany for the G20 Summit.  An important read:

[Transcript] 1:21 P.M. EDT – AIDE: Hi. Just want to restate the ground rules. Today’s briefing is off camera, on the record, and the audio is not for broadcast. It is embargoed until the end of the briefing.

And with that, I will turn the podium over to —

Q Can you make this on — can you make the audio available? Because it puts radio at a disadvantage.

AIDE: It is off camera, not for broadcast. Those are the ground rules.

And now I’m going to turn it over to General H.R. McMaster and Gary Cohn. Thank you.

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U.S. Trade Team Meet With South Korean Officials…

President Donald Trump, Vice-President Mike Pence, Secretary of State Rex Tillerson, Commerce Secretary Wilbur Ross and National Economic Council Director Gary Cohen discuss U.S. trade policies with South Korean President Moon and his accompanying economic and trade team.

It is worth noting and emphasizing the Paris Climate treaty specifically exempted China, India and SEAN (South East Asia Nations) from compliance with standards within the treaty.  This was by design of the multinational interests who constructed their economic global control mechanism under the auspices of ‘climate change’.  The climate was never the driver of the Paris treaty, it was always about multinational economic control.

With the U.S. withdrawing from the Paris Treaty, the economic trade architecture for the underlying market is now equal amid S.E.A.N (including South Korea) and the United States.  Those countries who remain within the Paris Treaty, particularly those EU entities who are attached the Transatlantic Trade and Investment Partnership (TTIP), are at a strategic disadvantage.  More on that later.

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[Transcript] 10:50 A.M. EDT – PRESIDENT TRUMP: Okay, thank you very much. We have many of our great members, our Vice President, Secretary of State, Secretary of Defense. We have several of our really wonderful leaders here. And you have your leaders with you and your representatives.

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