When GM announced they were closing their Lordstown, Ohio, plant in 2018 President Trump jumped into action to negotiate a deal between GM and a new company intent on building an electric pickup truck.  GM sold the plant in 2019 to Lordstown Motors and took a partial equity stake in the new company… a win/win deal that saved the jobs for the auto workers and ancillary businesses in Ohio.

Today President Trump introduces the outcome of that new venture, the 2021 Endurance pickup truck; the world’s first true four wheel drive electric motor commercial vehicle.  President Trump, Peter Navarro, Senator Rob Portman, Congressman Mike Turner, together with  Steve Burns, CEO of Lordstown Motors, Rich Schmidt, Lordstown Motors Employee and Michael Fabian, Lordstown Motors introduce the new vehicle. WATCH:

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[Transcript]  – THE PRESIDENT: Well, ladies and gentlemen, this is incredible. So this is a vehicle where the — essentially, the engines — the motor’s engines are in the wheels. They’re in the wheels — in all four wheels.

It’s Lordstown, Ohio. They make them in Lordstown, Ohio. You know Senator Portman. We are — we’ve been working on this very long and very hard because General Motors left the plant. This is a company that went in — and, I guess, General Motors is your partner. But they went in, and they have an incredible vehicle. And you’ll make how many a year when you get it going?

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Despite the media providing manipulative cover (narrative engineering) for the sheer hypocrisy of this effort, Democrat presidential candidate Joe Biden is going to attempt to kick-off an “America First” economic plan in Michigan tomorrow.

First, accept the reality… Biden is choosing Michigan. If the media-claimed national Biden polling lead was legit, he would not be headed to Michigan to attempt this insufferable political scheme.

Second, in order for Beijing Biden to even attempt to pull this stunt off he has to rebuke his own decades long economic record of offshoring jobs to China and creating a U.S. service driven economy.

It was the Obama-Biden administration who said those manufacturing jobs were never coming back to the U.S. It was President Trump who reversed the Biden/Obama trade positions and factually started bringing manufacturing jobs back into the U.S.

Candidate Joe Biden supported the Trans-Pacific Partnership (TPP) the largest single scheme to maintain the U.S. as a service driven economy and push manufacturing into southeast Asia.  It was Joe Biden who supported the Trans-Atlantic Trade and Investment Partership (TTIP) a similar globalist construct toward Europe.

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The Bureau of Labor Statistics released the July jobs report earlier this morning.  Overall during this phase of the economic recovery the U.S. added 1.8 million jobs in July, with strong recovery in: Leisure and Hospitality (+592k), Retail Trade (+258k) and professional and business services (+170k).  [Full Report Here]

Strong steady gains continue in manufacturing, construction and transportation as more businesses begin to re-open and provide products and services into an economy with strong underlying demand.  Durable goods inventories are low, those need to be replaced.

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When the broad outlines of the U.S-Mexico-Canada (USMCA) trade agreement first appeared, we said it seemed clear presidential candidate Andres Manuel Lopez-Obrador (AMLO) was aligned with the economic nationalism preferred by U.S. President Trump.

Yesterday that alignment was on full display as AMLO delivered a very strong endorsement for the respectful agreement between the two nations.  Unfortunately, the U.S. media will never report on these words of praise by President Lopez Obrador.

Transcript […] I also wanted to be here to thank people of the United States, its government, and thank you, President Trump for being increasingly respectful with our Mexican fellow men.

And to you, President Trump, I want to thank you for your understanding and the help you’ve given us in issues related to trade, commerce, oil, as well as your personal support for the acquisition of medical equipment that we needed urgently to treat our patients of COVID-19.

But what I mainly appreciate is that you have never sought to impose anything on us violating our sovereignty. Instead of the Monroe Doctrine, you have followed, in our case, the wise advice of the lustrous and prudent President George Washington who said, quote, “Nations should not take advantage of the unfortunate condition of other peoples.” End of quote.

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First, for those who have fought for decades against the baseline flaws within the NAFTA trade agreement, today is a very memorable day. Today the USMCA officially goes into effect and the trade brokerage system exploited by Mexico and Canada is officially ended.

NAFTA is DEAD! …This has been one hell of a decades-long battle.

Effective today the manufacturing of North American products must originate in North America. No longer will Canada and Mexico be allowed to “assemble” component goods from Asia and transport them as finished North American goods into the U.S. market.

The immediate impacts from this trade-loophole closure will be felt over the next several months and years.  Yes, things are rapidly about to change… and when you understand the details you also understand why the Democrats need to exploit a fictitious COVID fear to stop the explosion of U.S. economic growth that will follow.

Statement from U.S. Trade Representative Robert Lighthizer:

“Today marks the beginning of a new and better chapter for trade between the United States, Mexico and Canada – just as President Trump promised he would deliver for the American people.

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~ Why We Must Re-Elect President Trump ~

Today the Federal Communications Commission (FCC) formally designated Chinese’s Huawei Technologies Co and ZTE Corp as posing as posing national security threats to the United States. This designation and declaration blocks U.S. firms from tapping an $8.3 billion government fund to purchase equipment from either company.

(Source pdf)

This is an important step toward eliminating Huawei 5G data risks within U.S. telecommunication networks.  Additionally, the designation will have the forward impact of restricting U.S. allies from linking networks if they use Huawei/ZTE components.

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U.S. Trade Representative Robert Lighthizer is testifying tomorrow at 10:00am to the House Ways and Means committee; later in the afternoon Ambassador Lighthizer will testify before the Senate Finance Committee.

The New York Times has received an advance copy of USTR Lighthizer’s opening statement, and the liberal publication is apoplectic the Trump administration plans to outline an even more aggressive stance toward the World Trade Organization (WTO).

According to the pearl-clutching Wall St. class, Lighthizer is going to inform congress of Trump/USTR plans to demand tariff reciprocity; and Lighthizer will indeed raise tariffs against any nation that continues to attempt one-sided benefit. [EU will go bananas]

One method to approach tariff inequality would be for the U.S. to lower the import value threshold for non-tariff exemptions. Currently the U.S. does not apply import duties to any product valued under $800. This is a great benefit to China, southeast Asia, and U.S. on-line retailers such as ebay and Amazon; however, the zero tariff threshold hurts U.S. manufacturers because China and other nations do not reciprocate.

It is anticipated that USTR Lighthizer will inform congress the U.S. will lower that import threshold to match the same value level applied by other nations. Obviously the U.S. Chamber of Commerce and the Wall Street multinationals will not like this approach.

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On Thursday afternoon President Trump delivered remarks after a tour of the Ford Motor Company Rawsonville Components Plant in Michigan. [Video and Transcript Below]

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[Transcript] THE PRESIDENT: Thank you. Well, thank you very much. I like that dais very much, actually. That’s very special. Nice wood. Beautiful like the dashboards on your cars, Bill. Right?

MR. FORD: Absolutely.

THE PRESIDENT: Thank you. And I just heard you’re going to be having two more — two thousand more jobs right down the road for the Bronco, which is a big winner. That’s great. Fantastic job. Thank you very much, Bill.

MR. FORD: Thank you, sir.

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U.S. Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss Taiwan Semiconductor Manufacturing Co. (TSMC) building an advanced chip factory in Arizona.

Additionally, Wilburine also highlights new moves by the commerce dept. amending its longstanding foreign-produced direct product rule and the Entity List to narrowly and strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.

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Tesla CEO Elon Musk is drawing a line in the sand in his fight against authoritarian rules in California.  After several days of intense debate and argument with the arbitrary rules of the local Almeda County authorities, Musk says he’s reopening his auto plant:

FREMONT, Calif. — Tesla CEO Elon Musk confirmed on Twitter Monday that the company has restarted its California factory in violation of local government orders.

In the afternoon tweet, Musk wrote that he would be on the assembly line and asked that he be arrested if authorities take anyone into custody. State law allows a fine of up to $1,000 a day or up to 90 days in jail for operating in violation of health orders. (link)