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President Trump Leads The ‘Great Trade Awakening’…

One of the greatest gifts President Trump provides through his policy discussion(s) is an awakening to how much U.S. voter perspective has been driven by constructed fallacy.

This is especially true in the discussion of domestic economic policy.  There are trillions of dollars at stake; and the stakeholders are growing increasingly angry as President Trump places a spotlight on decades of economic fraud and abuse.

Prior to the 2016 election few people understood that DC politicians don’t actually write legislation, lobbyists do.  Politicians don’t write laws, their role is to sell legislation created by lobbyist groups.  That is the modern legislative model; that’s how it really works.  Unfortunately the same bastardized and manipulated process has happened around trade deals and trade agreements.

In modern trade agreements, before the election of President Donald Trump, corporations would write the actual language within the deal.  Corporate lobby groups like the U.S. Chamber of Commerce, have fully functioning staff that do nothing except write the trade agreement language.

If a multinational corporation wanted to increase its value, it simply needed to pay the indulgency fee to the U.S. CoC and the massive lobbying group would create language inside the agreement to assist their interest.   Note the corporation didn’t need to be U.S. centric, currency is multinational.  The U.S. CoC then pays politicians, both democrats and Republicans, via campaign contributions for the trade controls.  People can debate the nuance and intersections of governmental bureaucracy within the process; however, peel all the skin from the onion and this is how it really was working.

Then came President Trump.

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BIG PICTURE – Bottom Line: Justin and Chrystia Decided To Play Left-Wing Politics With The Canadian Economy…

The G7 outcome was politically important to left-wing Canadian Prime Minister Justin Trudeau and Canadian Foreign Minister Chrystia Freeland.  In the days leading up to the summit, their leftist political ideology took a hit when Doug Ford’s conservative movement won in the Ontario Province.   Trudeau and Chrystia needed a G7 win.

As a consequence, Justin from Canada needed U.S. President Trump to sign-on to the G7 communique, giving the summit the appearance of influence and success.

The win was needed for domestic political consumption; however, there were/are massive trade issues as an outcome of NAFTA and both Canada and Mexico structuring their economies as pass-through manufacturers of Chinese, Asian and European goods to gain access to the coveted U.S. Market.

Team Justin/Chrystia played the “ally card” diplomatically requesting G7 support. Team Trump was willing to give Team Justin/Chrystia the optics of a political win in the G7 communique as a diplomatic showing of ‘good faith‘, and set aside the larger conflict of the trade dispute for another day.  However, moments after they achieved the needed validity, after gaining the U.S. G7 support, Justin/Chrystia dropped the diplomatic approach and went back to public political trade antagonism and confrontation.

That’s the ‘stab-in-the-back’ aspect.

For months Chrystia and Justin have been playing politics with their U.S., Mexico and Canada (NAFTA) trade negotiations.  Chrystia and Justin traveling all over the U.S., meeting with liberal comrades and lobbying Washington DC politicians.

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Justin Trudeau: Tariffs are Only Illegal When U.S. Does It…

Delivering remarks in a post G7 press conference, Prime Minister Justin from Canada outlines his perspective on the summit and takes questions from a pre-selected media audience.  Many of the questions centered around U.S. positions on trade/tariffs and the Canadian/EU position that U.S. tariffs are illegal; whereas Canadian and EU tariffs are quantifiable expressions of magnanimous intellectual superiority and Americans should spend more time thanking them, instead of these feeble efforts to gain trade reciprocity.

The underlying Trudeau trade premise is that the U.S. should be thankful for the products brought into the U.S. market by Canadians and Europeans. And Americans should express their appreciation through unilateral indulgence-fees for friendship.  If President Trump does not agree to continue the cycle of abusive trade policies, the Europeans and Canadians might stop saying they are our closest and most valuable ally.

Here’s The Final Charlevoix G7 Agreement CLICK HERE

In the granular details: •On NAFTA Justin from Canada says a sunset clause on any renegotiated trade deal is a non-starter regardless of time-frame.  If the U.S. intends to reevaluate the outcomes of a trade deal, there can be no trade deal – ever.

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G7 Negotiates Tariffs….

Remember all those pre-election conversations about Donald Trump, economic leverage, rebalanced economics and our conversations about what getting the “golden ticket” would look like?   Well,….

The look on Japanese Prime Minister Shinzo Abe’s face is priceless.  “Complicated business folks,… complicated business.”

 

President Trump Remarks and Press Conference Following G7 Meetings in Charlevoix, Quebec, Canada…

Earlier today President Trump and members of the administration delivered remarks following the G7 Summit in Charlevoix, Canada.  President Trump is heading to Singapore for a historic meeting with North Korean Chairman Kim Jong-un.

Prior to departing Canada, President Trump took questions from the media on a wide variety of issues including trade:  “Economic Security is National Security” !

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President Trump and Emmanuel Macron Bilateral Session…

The best laid plans of mice-like men simply collapsed when the shadow of President Trump entered the G7 in Charlevoix, Canada.

It’s one thing to talk about the boss when he’s out of town; it’s another thing entirely when he’s sitting next to you. POTUS Trump sets the standard for the scale of influence. Really, it’s such a basic truth – it becomes self-evident. Watch, it is remarkable:

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G7+2 Cry Uncle – President Trump Unfazed and Undeterred, Tariffs Will Continue Until Equity Improves…

President Trump has taken the Godzilla Trump meme to levels beyond ordinary imaginings.  In advance of the G7 summit in Charlevoix, Canada Prime Minister Trudeau sounded the alarm and called in all like-minded allies to help fend off horrible Trump and his arsenal of tariffs.

L-R: European Council President Donald Tusk, British Prime Minister Theresa May, German Chancellor Angela Merkel, U.S. President Donald Trump, Canada’s Prime Minister Justin Trudeau, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Italian Prime Minister Giuseppe Conte and European Commission President Jean-Claude Juncker

French President Emmanuel Macron responded to Trudeau’s plea and arrived two-days early to coordinate the strategic message.  Together they were looking for leverage in advance of Godzilla Trump’s arrival.  Germany’s Angela Merkel, and U.K. Prime Minister Theresa May even brought non-G7 members European Council President Donald Tusk, and European Commission President Jean-Claude Juncker as back-up.

Apparently the six-against-one plan was considered unfair to the six, so they added two more.  Unfortunately for Canada, France, Germany and the U.K., Japanese PM Shinzo Abe and Italian Prime Minister Giuseppe Conte are not foolish enough to take on Godzilla.

As an entirely predictable outcome, President Trump won again.  It’s just so darned funny to watch this play out.  The era of the titan is back, and deliciously the titan is an American President, Donald J Trump.  He’s one guy, and he has them all surrounded; and he’s laughing the entire time.  He’s impenetrable, sharp, funny as heck and monolithic in stature making all of his opposition look decidedly less-than.

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Oh Snap – President Trump and Justin From Canada Bilateral at G7…

Oh man, this is too funny.  Remember the Bowing Ball metaphor?  Well, in order for the G6+1 grand plan of Emmanuel from France and Justin from Canada to work they would need the U.K, Germany, Japan and Italy to agree…. outlook not-so-good.

President Trump sits down for a bilateral meeting with half of the dynamic duo.  President Trump starts out the public comments with a joke-not-joke that Justin will drop all current trade tariffs against the U.S. and Trump will happily concur.  ROFLMAO.  Immediately drawing out the trade hypocrisy at the heart of matter.  Must Watch:

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The disconcerted look on Justin’s face is priceless.

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Sacrebleu! – President Trump Prepares to Unleash Wilbur Ross on Justin and Emmanuel…

Emmanuel from France arrived in Canada two days ahead of the G7 so he could connect with Justin from Canada and plan a unified strategy against U.S. President Trump’s economic position. Not kidding, they really did. Like a plan. Serious. No Joke.

Individually they feel insecure, so Justin and Emmanuel formulated a plan to create an economic G6 unity effort to defend against Godzilla Trump. [Who remained in DC holding meetings with Shinzo Abe to talk about C-VID and North Korea] Yes, while Justin and Emmanuel were discussing how to throw whines and cheese at Trump, President Trump was planning how to defend the world from nuclear proliferation.

Then something funny happened. After deep talks about C-VID were settled, Godzilla Trump looked up and saw the two giggling kids trying to tie the string from the perched water bucket to the door handle.

President Trump always looks for the opportunity to emphasize the looming caricature people create of him.  It serves his interests; and he enjoys playing cat and mouse with his opposition.  So Looming Trump stealthily walks up behind the kids right before dropping the bowling ball on the floor. BOOM:

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NEC Chairman Larry Kudlow Press Conference on G7 and Trade…

National Economic Council Chairman Larry Kudlow conducts a press conference to discuss the upcoming G7 summit in Canada; the pending North Korea Summit; and the current U.S. trade initiatives.

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