Within the German economy the auto-sector holds the largest political influence. Because of this dynamic all German politicians kneel at the knee of the big industrial auto manufacturers. It has been said that losing support from within the auto-sector is much worse on a German politician than losing support from party or parliament.
Because of this dynamic; and specifically because the German auto-sector is dependent on the United States as their biggest customer, President Trump holds leverage over German Chancellor Angela Merkel. This makes Fraulein Merkel unhappy.

President Trump wants three EU issues resolved: 1) Germany to contribute the minimum 2% of GDP for their own NATO defense. 2) Germany/EU to support enhanced sanctions against Iran; and 3) President Trump wants all German/EU protectionist trade barriers and tariffs lowered or eliminated – and new trade deals negotiated.
To gain momentum on these initiatives, President Trump is using the economics of trade as leverage. Trump has suggested a 20% tariff on all EU automobiles shipped into the U.S. [The same standard now likely proposed toward Canada] The German auto-sector, and as a consequence the German economy, simply cannot survive without low cost access to the U.S. market, their biggest customer.
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Retiring ICE Director Thomas Homan had a message for congress, politicians and media on his last day in office. Namely all need to get their facts straight.
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Today Canada released an updated list of retaliatory tariffs designed as countermeasures to the U.S. Steel and Aluminum tariffs [SEE HERE] which will begin Sunday, July 1st.
Additionally, Foreign Minister Chrystia Freeland, Innovation Minister Navdeep Bains, and Employment and Labour Minister Patty Hajdu, announced they would initiate an emergency program to use Canadian taxes compensate workers, expand unemployment benefits, and subsidize impacted industry. Yes, in a transparent display of political ideology (throwing capitalism directly out the window), Canada doubles-down on centralized government subsidies to offset market impacts. Brilliant ‘eh!

Chrystia Freeland made the announcement on the floor of a Hamilton steel factory Friday. In a rare backdrop, Ms. Freeland actually entered a factory with machines and things, to deliver the carefully choreographed political message (video below – watch the last minute to understand).
Team U.S.A. have applied tariffs to Canadian softwood lumber, Steel and Aluminum as Canada refuses to negotiate new terms for NAFTA where North American products are prioritized. Canada demands the ability to continue importing Asian, mostly Chinese, products for their assembly-based market.
With the latest counter-move by Justin and Chrystia from Canada, it is increasingly likely President Trump will levy a 20% tariff on imported Canadian automobiles. Last month (May) the Canadian economy dropped over 31,000 Full-Time jobs.
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The House Judiciary Committee has primary oversight authority over the DOJ. House Judiciary Chairman Bob Goodlatte discusses the testimony from FBI Agent Peter Strzok, and Deputy Attorney General Rod Rosenstein, along with the next steps.
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Representative Ron DeSantis confronts Deputy Attorney General Rod Rosenstein about Rosenstein’s conflicts of interest in the Mueller probe. Additionally, DeSantis questions Rosenstein about his specific efforts to block DOJ and FBI document production.
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National Economic Council Chairman Larry “Kuddles” Kudlow is back after suffering a mild heart attack. [Yikes, “mild“, is there such a thing?]
Appearing on TV with Stuart Varney Chairman Kudlow explains how the administration hopes to use the Foreign Investment Risk Review Modernization Act (FIRRMA) to enhance U.S. trade policy. Mr. Varney cannot comprehend Trump-speed in achieving a global trade reset:
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While media wasn’t paying attention, President Trump brilliantly played congress to gain strategic trade leverage. Knowing political opposition would unite, POTUS Trump took a forgiving position toward Chinese company ZTE; Trump-haters and NeverTrumpers quickly aligned to push through hammer legislation designed to hurt China and by extension Trump’s position. However, Trump actually wanted the tool. POTUS now weaponizes FIRRMA as trade leverage against all 301 targets. Brilliant.
USTR Robert Lighthizer Final 301 Report on China Trade Infractions HERE
Part 2 of Kudlow interview below:
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Good news within a strenuously spun Reuters article. Don’t get lost looking at the granules; apparently all of the prior Canadian strategy against President Trump has failed.
For well over a year Justin from Canada and Foreign Minister Chrystia Freeland were confident they could leverage the U.S. Chamber of Commerce, purchased DC politicians and ideological allies against President Trump in NAFTA negotiations. The result? Fail, fail and more fail.

Running out of options, Canada now attempts to save their NAFTA construct by turning to the executives within the auto industry:
OTTAWA (Reuters) – Canada’s trade minister last week met senior officials from General Motors Co and Fiat Chrysler Automobiles NV in Detroit, as Ottawa takes its lobbying effort directly to the Big Three carmakers to avert potential U.S. auto tariffs.
The Liberal government is relying on industry partners to press Canada’s cause in the White House and elsewhere, using their influence to protect Canadian interests, sources with direct knowledge of the discussions told Reuters.
Suffice to say it’s not a good look when lawyers representing the FBI are telling the central witness within a political conspiracy involving the FBI not to answer questions from congressional oversight.
House Judiciary Chairman Bob Goodlatte tells Martha MacCallum that FBI lawyers are instructing FBI Agent Peter Strzok not to answer questions from congress about the nature of his involvement within a DOJ/FBI conspiracy to stop a political candidate; and later to overthrow a presidency.
Additionally Chairman Goodlatte states the answers agent Strzok did give about his text messages was “not believable”.
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*Note* at 9:00pm EDT the deposition is ongoing. They shifted into a classified setting at approximately 7:00pm. The non-classified deposition transcript is something I am very much looking forward to reading. Hopefully it will be released soon.
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FBI Agent Peter Strzok appears before a joint house committee today for a closed hearing deposition. Mr. Strzok will appear before an open congressional hearing to be scheduled later. Today’s deposition is an opportunity to ask questions and get an “official record” of specific answers to multiple lines of inquiry.
Peter Strzok is at the center of four specifically known corrupt DOJ and FBI operations. 1) The Clinton exoneration operation. 2) The Trump investigation “Crossfire Hurricane”. 3) “Spygate”, and the abuse of the FISA court; and 4) The origin of the Mueller probe.

The deposition questioning is being directed from a hand-picked group of lawmakers. Judiciary Committee Chairman Bob Goodlatte determined who will ask the questions. One of the lawmakers selected was Jim Jordan.
Heading to the Peter Strzok deposition. We have lots of questions that need answers.
— Rep. Jim Jordan (@Jim_Jordan) June 27, 2018
Speaking to reporters in the Oval Office where he was joined by President Marcelo Rebelo de Sousa of Portugal, President Trump delivered remarks on the announcement of Supreme Court Justice Anthony Kennedy’s retirement.
New Video Added:
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