Against the backdrop of British Prime Minister Boris Johnson arriving for the G7 summit in Biarritz, France, EU President Donald Tusk holds a press conference to announce the EU will work to block Britains’ exit from the collective, and will not accept terms.
The hubris and arrogance within this declaration, in advance of Johnson’s arrival, is exhibit ‘A’ for exactly the reason British citizens want out of this nonsense. Watch:
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The likelihood of Boris Johnson and Donald Trump forming an alliance against this insufferable EU collective is beginning to show in the relationships. (more…)
After President Donald Trump and First Lady Melania arrived at Hotel du Palais in Biarritz, France, the insufferable French President Emmanuel Macron attempts one of his more dubious -albeit predictable now- power schemes (games). Macron is in trouble domestically and needs the world to see him pontificate for domestic political value.
Weasel Macron traveled to Hotel du Palais to ambush President Trump upon arrival with a request for an unscheduled meeting. The French prig requested a garden lunch, with pre-positioned media, so he could pontificate to the world his high-brow positions on gender-justice, the values of a global world order, and the importance of climate change.
Graciously, albeit with visible eye-roll, President Trump took the unscheduled meeting and allowed Macron the photo-op to pontificate his agenda for domestic political consumption. The entire event makes ¹Macron look even smaller. WATCH:
[¹If you’ve got to tell the world how important you are, you ain’t.]
[Transcript] PRESIDENT MACRON: In a few words, in order to (inaudible) — Mr. President, first of all, I do welcome Mr. President and his wife, and we are very proud and happy to have you here in Biarritz, in this place, for the G7 and once again very happy to (inaudible). You are a very special guest for us, and now, at this occasion, (inaudible) are very important. (more…)
President Trump and First Lady Melania Trump depart tonight for an overnight flight to Biarritz, France to attend the G7 summit. The first couple will arrive at 1:00pm Saturday / 7:00am Eastern. Biarritz is 6 hours ahead of U.S. Eastern Timezone.
The original function of the G7 was to focus on economics and world trade. President Trump and the U.S. delegation are returning the emphasis toward that original intent during this G7 summit. At the request of President Trump, there is a G7 Sunday morning session dedicated to global economics, international trade, and economic security.
(Background Details from White House) SENIOR ADMINISTRATION OFFICIAL: Sure. Thank you so much, [senior administration official]. And I guess it’s morning or good afternoon there, everyone. I am now in Biarritz, France. I’m the [redacted].
So what I wanted to do is start by outlining the schedule of events and various sessions that are taking place over the next few days. And then I will go through and highlight some of the key themes that the President is going to be talking about and pushing out while he is here over the weekend. (more…)
President Trump has announced the raising of tariffs on China effective Sept 1st and October 1st, 2019. This is one arrow in a quiver filled with economic consequences:
The preexisting 25 percent tariff on $250 billion in Chinese goods will increase to 30 percent effective October 1st, 2019.
The pre-planned 10 percent tariff on $300 billion worth of Chinese goods will increase to 15 percent, effective September 1st, 2019.
This targeted tariff approach is only a small sample of the economic action that is available to President Trump. There are a host of tools and targeted economic weapons available to President Trump that are far more damaging to Beijing.
This announcement also sends a clear message to the members of the G7 as they prepare for their meetings in France. (more…)
Within the dynamic of the U.S -vs- China trade confrontation, CTH has long noted the Wall Street (globalist) multinationals would always go bananas. There are trillions at stake and President Trump is confronting three decades of financial influence from Wall Street’s multinational corporate lobbyists.
To the angst of Wall Street, POTUS Trump tweets the dynamic.
President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed. President Trump has waited three decades for this moment. Main Street U.S.A has waited for this moment. This President and his team are entirely prepared for this battle…. Now we fight!
We are finally confronting the geopolitical Red Dragon, China!
President Trump has been brutally consistent for more than three decades on his intent and purpose with the Chinese. President Trump is the first U.S. President to understand how the red dragon hides nefarious motives behind the panda mask.
Additionally, while carrying out the objectives of the confrontation, Secretary Mnuchin, Secretary Ross, Ambassador Lighthizer and adviser Peter Navarro are well aware of Beijing’s duplicitous panda mask; POTUS Trump will never let them forget about it. (more…)
President Trump was delivering another round of delicious Chopper Presser rebuttals to the MSM narrative engineers today, when he remarked about confronting China: “I am the chosen one”… And the media had the customary spontaneous ‘splodey head.
First, the people’s president is right, he is the chosen one. Through prayer and divine providence, we finally have a businessman fighting for Main Street USA. Secondly, it’s funny to watch an entire MSM apparatus that decries religion, suddenly searching for scripture in their anti-MAGA talking points. Too funny. Only Trump can achieve this.
Epic. Just epic. WATCH:
President Trump is famously uninterested in diplomatic jibber-jabber that does not generate value or purpose.
Greenland not for sale?
Right. Sorry Copenhagen; no need for Frederiksen then… Moving on.
After the G7, President Trump and First Lady Melania are scheduled to travel to Poland as the special guests of Polish President Andrzej Duda and his wife Agata Kornhauser-Duda.
Earlier today President Donald Trump welcomed President Klaus Iohannis of Romania to the White House. During the Oval Office media availability by both leaders President Trump took multiple questions from U.S. media. [Video and Transcript Below]
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[Transcript] – PRESIDENT TRUMP: Well, thank you very much, everybody. It’s an honor to be with the President of Romania, who’s highly respected and done a great job. And I hear there’s a little political season going on in Romania, but I would imagine you’re going to do very well because you’re very talented, you love the people.
And we’ve had a great relationship with Romania. The United States and Romania have gotten along better than ever before. So, I want to thank you for that. (more…)
Italy is one of the key economies within the EU. In the past several years, driven by both economic challenges and unfettered immigration challenges, the populist revolt has gained ground. Interior Minister Matteo Salvini, a nationalist-minded politician, has won the hearts of Italian voters. Matteo Salvini is a proud Italian populist.
Several months ago Matteo Salvini challenged current Prime Minister Giuseppe Conte to hold a snap election; and followed-up with continued pressure on the Italian government by advancing populist positions of economic patriotism, sovereignty and tougher immigration rules.
Amid a revolt against globalism writ large, it was not accidental that Nancy Pelosi traveled to Italy recently with a coalition of U.S. leftist politicians to organize a strategy to fend-off Salvini and assist Prime Minister Conte. Pelosi is an opportunist. Part of the plan for Conte to hold power was a shift within his party (Five Star Movement or 5sM) to form an alliance with the Italian left-wing Democratic Party (Pelosi’s ideological allies).
To pull off their plan, Conte and the Democratic Party would align; Conte would then resign and hold the snap election where 5sM and the far-left Democratic party would re-elect him. This approach would strategically counter the 36 percent of support currently held by Matteo Salvini (the League). Today Giuseppe Conte resigned.
(Wall Street Journal) […] Prime Minister Giuseppe Conte announced his resignation in a speech to the Senate on Tuesday, blaming far-right Interior Minister Matteo Salvini for causing a political crisis as Italy looks to draw up a challenging budget to keep its parlous finances on track.
CTH suspected this was going to happen. This was predictable if you have followed the fracture between Main Street (Trump) and Wall Street (multinationals). Remember, there are trillions at stake. This news today is part of the battle. Here’s the cut through the BS motive behind the multinational association of Business Roundtable CEO’s (these are all pure Wall St.) suddenly saying “social responsibility should be put above profit“…
NEW YORK (Reuters) – Top CEOs say companies should put social responsibility above profit. Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.
The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, including the CEOs of Amazon.com Inc (AMZN.O), American Airlines (AAL.O), the largest airline in the world; and JPMorgan Chase & Co (JPM.N), the biggest American bank.