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NAFTA Joint Statement Concluding Round Two – Mexico City…

UPDATE: The second round of NAFTA renegotiation concluded today in Mexico City, Mexico. A joint statement was released:
Washington, DC – On September 5, 2017, United States Trade Representative Robert Lighthizer, Canadian Foreign Affairs Minister Chrystia Freeland and Mexican Secretary of the Economy Ildefonso Guajardo concluded the second round of the renegotiation and modernization of the North American Free Trade Agreement (NAFTA) in Mexico City, Mexico. This concluded five days of meetings by a team of subject matter experts covering various negotiation topics.
Building on the progress made in the First Round of the renegotiation and modernization of the North American Free Trade Agreement (NAFTA), Canadian Foreign Affairs Minister Chrystia Freeland, United States Trade Representative Robert Lighthizer, and Mexican Secretary of the Economy Ildefonso Guajardo, today successfully concluded the Second Round of negotiations, which took place in Mexico City from September 1 – 5.
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NAFTA Update: Outlook for Agreement Virtually Disappears – Canada's Chrystia Freeland Demands Control of U.S. Legislation…

U.S. Trade Representative Robert Lighthizer is scheduled to speak publicly alongside Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland Tuesday to conclude the second round of talks toward a new North American Free Trade Agreement.
However, you can put a fork in any optimism for a successful NAFTA outcome as Canada now takes liberal virtue-signaling to exponential levels of moonbattery and demands control of the U.S. legislative process.
One source familiar with the discussions said Canada’s Chrystia Freeland is demanding the U.S. pass “a federal law stopping state governments from enacting right-to-work legislation“.  Obviously Team U.S.A., understanding the entire construct of a U.S. Constitutional Republic and the underlying constitution therein, would not, could not and has not agreed to such a ridiculous Canadian request.
What this indicates is how far left the Canadian NAFTA negotiation team are willing to go in advancement of social justice issues that have no bearing on actual trade.  They are politically virtue-signaling to their own internal domestic audiences rather than actually engage in discussion of trade parameters.
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REMINDER: Fox News, Rupert Murdoch, Tucker Carlson and The GOPe Amnesty Immigration Agenda…

During the 2015 Fox Business News GOP Primary debate several political junkies noted a rather curious and brutally obvious omission: Senator Marco Rubio was never questioned about the 2013 Senate Gang-of-Eight bill and his stance on Comprehensive Immigration Reform. In fact, if you were to review the 2015 debate substance you’d note candidate Rubio wasn’t directly questioned about his immigration positions at all.
GOP gang of 8

It is not disconnected that during the 2013/2014 Gang-of-Eight immigration constructs we later discovered Fox News was an active participant in the promotion of the immigration reform proposals.
In order to facilitate the congressional immigration intent Fox launched a previously unknown pro-amnesty propaganda blitz to support senate immigration bill.
What follows below is an evidenced expose’ of their agenda.
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Canadian Labor Leader Supports Trump Position on NAFTA Auto Origination Rules…

Well, this is rich.  A Canadian labor union leader, Jerry Dias, national president of Unifor, has called President Trump “batshit crazy” yet supports the U.S. NAFTA position on Auto origination.
U.S. Commerce Secretary Wilbur Ross is said to be leveraging a position that NAFTA rules on auto manufacturing require 70% of source origination from inside the U.S., Mexico and Canada.  Canadian union leader Jerry Dias agrees with the position in order to Make Canada Great Again.

MEXICO CITY (Reuters) – U.S. Commerce Secretary Wilbur Ross wants more than 70 percent of North American content in vehicles built in the United States, Canada and Mexico under a renegotiated NAFTA trade deal, the head of Canada’s largest private sector union said on Friday.
Jerry Dias, national president of Unifor, told reporters he suggested in a recent meeting with Ross that the level be raised to 70 percent from the current 62.5 percent, and that the U.S. commerce secretary suggested a “more aggressive” level.

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EPIC Battle – NAFTA Round Two Begins in Mexico – U.S. Based Multinational Corporations Fight to Defend Their Interests…

No current events have as much impact on the lives of ordinary paycheck-to-paycheck Americans as the NAFTA trade negotiations.  Every person in the U.S., our children and the lives of following generations, are impacted by the ongoing economic battle. The consequences are epic in proportion, yet the MSM insufferably avoids discussion.
Against the backdrop of NAFTA Round #2 renegotiations beginning in Mexico, the massive Multinational Corporations fight back to retain their market exploitation.  Decades-long established masks are dropping; the grand usurpation’s are being exposed; there are trillions of dollars at stake.

MEXICO CITY (Reuters) – Trade negotiators from Canada and the United States gathered under rainy skies in Mexico City on Friday to discuss the North American Free Trade Agreement, with the mood darkened by U.S. President Donald Trump’s persistent threats to pull out.
Teams from the three countries were due to kick off a second round of talks on 25 areas of discussion, with subjects such as digital commerce and small businesses seen as areas where consensus was possible, Mexican officials said.
The Sept. 1-5 round will also touch on more thorny topics such as rules governing local content in products made in North America, Mexico’s economy ministry said in a statement. Mexican officials believe Trump wants to include rules that some content must be made in the United States.

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Report: White House Weighing Mexican Remittance Fee To Pay for Southern Security Wall…

This is a little funny.  Back in 2015 we originally shared an easy peasy way to pay for the border wall by charging a 4% remittance fee on wire transfers to Mexico.  With more than $25 billion (2015) in Western Union transfers, more than Mexico’s entire oil and energy sector combined, a 4% U.S. surcharge on remittances creates $1 billion revenue annually.
The U.S. Treasury already has a similar process in place for Cuban Remittances and Western Union compliance affidavits.  The remittances to Mexico have now jumped to $27 billion in 2016.  Making the remittance fee even more feasible.

WASHINGTON – President Trump is mulling a tax on cash transfers between immigrants in the U.S. and their relatives in Mexico as a way to fund his promised border wall without forcing American taxpayers to open their wallets, according to sources familiar with the proposal.
Trump first floated the idea of taxing or halting person-to-person wire transfers, known as remittances, during his bid for the White House. A two-page memo released by his campaign last April described a plan “to compel Mexico to pay for the wall” by preventing immigrants from wiring money outside of the U.S. unless they can prove their legal status to law enforcement authorities.

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Mexico Economy Minister Ildefonso Guajardo Now Fears NAFTA Collapse…

Mexico’s Economy Minister Ildefonso Guajardo has a different perspective today than prior to the beginning of NAFTA renegotiation.
Before NAFTA round #1 began Minister Guajardo stated angrily if the U.S. did not concede to the demands of Mexico his government would flood the U.S. with drugs and illegal aliens.
However, in the face of actually seeing NAFTA discussions possibly leading to collapse, Mr. Guajardo has a change in tone.  The minister is looking at alternatives, bi-lateral trade deal options are analyzed, and the reality of the Mexican economic position is settling in.
What happens next? Mexican officials are dispatched to Washington DC to enlist the lobbying efforts of K-Street and their allies in the U.S. CoC.  “Halp“:

MEXICO CITY (Reuters) – Mexico sees a serious risk the United States will withdraw from NAFTA and is preparing a plan for that eventuality, Economy Minister Ildefonso Guajardo said on Tuesday, calling talks to renegotiate the deal a “roller coaster.”
[…]  “This is not going to be easy,” Guajardo said at a meeting with senators in Mexico City. “The start of the talks is like a roller coaster.”

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Trump Administration Responds To North Korea Missile Provocations…

China, via Beijing’s communist old guard, has played right into the hands of the Trump administration by overreacting to the economic pressure of President Trump.  Beijing authorized an atomic elbow via another provocative North Korean missile test. However, their response now empowers the Trump administration to point out the terrible DPRK behavior and simultaneously take a higher diplomatic road.
President Trump, Secretary Tillerson and Secretary Mattis’s “Fire and Fury” approach was essentially a dynamic Win/Win.  By utilizing diplomacy (Tillerson/Haley) while constructing the appearance of military possibility (Mattis/McMaster), while simultaneously President Trump put the BIG geopolitical economic squeeze on China, team U.S.A. created a multidimensional box – and Beijing walked directly into the trap.

Unintentionally, China has now created a diplomatic ‘high-road’ path in response to the DPRK for the Trump administration.  China, seeking to retain position behind the curtain of the DPRK, will not be able to oppose, publicly or in the U.N., any U.S. and allied position now or they run the risk of the entire world seeing their controls over Kim Jong-un.  Notice the strategy in the well coordinated approach today:

President Trump Speaks To PM Shinzo Abe – President Donald J. Trump spoke yesterday with Prime Minister Shinzo Abe of Japan to address North Korea’s launch of a missile that overflew Japanese territory. The two leaders agreed that North Korea poses a grave and growing direct threat to the United States, Japan, and the Republic of Korea, as well as to countries around the world. President Trump and Prime Minister Abe committed to increasing pressure on North Korea, and doing their utmost to convince the international community to do the same. (LINK)

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Trade Stuff: Trump Refuses Chinese Steel Compromise – Mexico Sees NAFTA Collapsing, Turns to China…

There is an saying people use to criticize President Trump based on the people around him:

“People are policy, and policy is people”…

The basic argument is that Mr. Trump can be swayed or distracted from his mission by his staff and those he hires.
This is a common catch-phrase brought about by historic and conventional wisdom.  However, when applied to President Trump, it’s also just plain wrong.
No similar cliche is appropriate for Donald Trump, nothing deters or influences him from his larger decades-long ‘America-First’ economic strategy. Nothing.
Donald Trump is the policy. There’s no assembly of advisers on economic issues that can ever sway his instinct.
Example:

(Reuters) – U.S. President Donald Trump last month rejected a Chinese proposal to cut steel overcapacity, despite the endorsement of some of his top advisers, the Financial Times said, citing people familiar with the matter.
Beijing proposed cutting steel overcapacity by 150 million tonnes by 2022 in a deal twice rejected by Trump, who instead urged advisers to find ways to impose tariffs on imports from China, the paper said, citing the sources.

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North Korea Launches Another Missile – Attempts Escalation By Crossing Northern Japan…

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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