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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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President Trump Meets with President Niinistö – Oval Office Remarks…

President Trump met with Finland’s President Niinistö in the Oval Office prior to the East Room press conference. During their remarks President Trump discusses his upcoming trip to Texas and the ongoing coordinated efforts between federal, state and local officials in the massive impact zone.


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Washington Times: Fed Policy Powerless to Influence Inflation…

In 2015 we discussed candidate Trump’s economic positions and how they would impact the economy.  CTH anticipated that MAGAnomics would be reversing three decades of federal reserve fiscal policy. After about a year of analysis and discussion, in 2016 CTH presented a theory: “A new Dimension in Modern Economics“.
CTH shared a possibility of what could happen if Trump Economic Policy was shifted to favor Main Street over Wall Street.  One aspect we presented was how Federal Reserve monetary policy would be oddly disconnected from its ability to influence inflation.
Washington Times today:

(Article Link)

While the issues inherent within economic influences can be riddled with complexity, we remain optimistic that MAGAnomics will be very very successful.
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Ulterior Motives – Ford Offers Cash for Clunkers Program in U.K…

An interesting press release from Ford Motor Co. operations in the U.K. as they announce financial incentives (additional $2,500) to trade in old vehicles for newer “cleaner” emission vehicles in the U.K.

(Via Fox Business) Ford (F) is offering car buyers in Britain a 2,000-pound ($2,570) incentive to trade in older vehicles for newer, less polluting models.
The offer announced Tuesday is available to new car buyers who trade in vehicles registered before Dec. 31, 2009. The cars will then be taken off the road and scrapped. (read more)

Pay attention to these types of stories within the auto sector.  Watch for these types of “incentives” to cross the Atlantic.  The incentives described here are wrapped around a point of cleaner emissions, ie. “climate friendly” etc.  However, as we have shared the financial branch of the auto sector is in trouble; these incentives appear to be a marketing ploy.
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Understanding Gary Cohn -vs- President Donald Trump…

Recently there has been a great deal of opinion on Chief Economic Advisor to President Trump and his recent critique of President Trump’s comments surrounding the events in Charlottesville, Virginia.  For many people the latest Cohn -vs- Trump scenario is just more proof that President Trump is succumbing to influence/pressure from the wrong side of the ideological spectrum.
This outline is intended to directly speak toward those concerns.  However, to understand the dynamics of Gary Cohn -vs- Donald Trump it is first necessary to understand the perspective of Gary Cohn and President Trump.

Few people have an appropriate understanding of the scale, scope and seismic shift President Trump is delivering to the world of geopolitical financial influence.  A recent comment by someone who appears to understand the dynamic reads thus:

Enjoy this because we will never see this again. You’ll never see your president shift the pendulum the way Donald Trump is. The international market of high-pressure real estate development and financing incorporates every facet of business activity known to humanity and no President we have ever had has been more prepared to do what needs to be done then President Donald J Trump. In addition to trying to right the ship he has to navigate waters filled with landmines and torpedoes and those firing the torpedoes claim to be Americans. God bless this man.  ~ FromSeaToShiningSea

That’s a good a place as any to elevate the discussion, review the historic nature of the participants, and comprehend the dynamics behind: Manhattan -vs- Queens; Global finance -vs- National interests; Wall Street -vs- Main Street; and ultimately Gary Cohn -vs- Donald Trump.
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U.N. Ambassador Nikki Haley Discusses Iran, North Korea and New Economic Sanctions Against Venezuela…

United States Ambassador to the United Nations, Nikki Haley, recently visited the IAEA (International Atomic Energy Agency) to review the ongoing JCPOA (Joint Comprehensive Plan of Action) as they continue to monitor Iran’s nuclear program.
Ambassador Haley outlined a summary of the IAEA meeting and fielded additional questions about North Korea and Venezuela.  She will be traveling to Washington DC on Monday to brief President Trump and Secretary Tillerson.


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As you might note from her remarks (see below), Ambassador Haley is keenly aware of the uniqueness, and effectiveness, of President Trump’s economic approach toward regional national security issues – specifically as it pertains to the recently announced Venezuela sanctions. Strong concise statements. Strong, short, effective and deliberate answers.
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President Trump Continues Strategic Trump Doctrine – Economic Leverage To Produce National Security Objectives…

It must be pointed out; it is up to us to do so.  The corporate media are hopelessly deficient in their coverage and explanations of how strategic objectives for national security are being delivered through a Trump Doctrine via economic leverage.  The results are stunningly effective, yet few have noticed, and even fewer seem willing to articulate.

The latest example of the geopolitical Trump Doctrine in action comes via Venezuela, and in the wake of a fraudulent Maduro election – the Trump administration’s economic and financial policy delivering sanctions against the rogue Maduro regime:

(Via LA Times) The Trump administration on Friday slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA.
The sanctions Trump signed by executive order are bound to dramatically escalate tensions between Venezuela and the U.S. and exacerbate the country’s economic crisis.

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Pakistan Attempts To Avoid Ownership of Taliban and Extremism in Afghanistan…

Being on the leading edge of history as it unfolds is a great deal of fun.  Everything is proceeding according to plan.  This is The Trump Doctrine playing out on the geopolitical stage and we all have references to smile about. Swimmingly.
Remember, when President Trump gave truthful, and rightful, ownership of the Muslim Brotherhood’s extremism to the Arab Gulf States? Their first response was to refute the position. Quickly they accepted reality; and now the GCC, led by Saudi Arabia, is confronting MB’s enabler, Qatar.
Remember, when President Trump gave truthful, and rightful, ownership of North Korea’s nuclear ambitions to China? The first response was Beijing refuting the position. Eventually they accepted reality; that process is ongoing.

On Monday President Trump gave truthful ownership of the Taliban to Pakistan. Well:

KARACHI, Pakistan (Reuters) – Pakistan has rejected U.S. criticism of its efforts to fight terrorism, saying it should not be made a scapegoat for the failure of the U.S. military to win the war in Afghanistan.
U.S. President Donald Trump unveiled his policy for Afghanistan on Monday, stepping up the military campaign against Taliban insurgents and singling out Pakistan for harboring them.

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Mitch and The Big Club Opposition – It's All About The Economics…

There are Trillions of Dollars at Stake. CTH has been highlighting the hidden motivation for years.  Opposition is all about the economics folks.
Against President Trump’s promise to renegotiate trade deals, withdraw from TPP and TTIP, walk away from the fraudulent economic scheme within the Paris Climate Treaty, and renegotiate or pull out of NAFTA.  Well,… it’s called a strategy session folks:

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