White House Trade and Manufacturing Advisor Peter Navarro has a good discussion with Martha MacCallum about the economy, White House economic policy and the focus in the aftermath of the COVID crisis to reemphasize an industrial resurgence in the U.S.

As Navarro outlines the focus of the administration policy is on Main Street and driving the main street economy that overwhelmingly benefits middle-class workers.

That said, when questioned about President Trump’s recent tone toward China, Navarro hints toward what many expect… President Trump is going to deliver a very deliberate, very strategic, very focused and very painful economic blow to Beijing.  WATCH:

(more…)

White House economic adviser Larry Kudlow weighs in on reopening of U.S. economy in a post-pandemic country. White the second quarter economic data has more bad news yet to be assembled and reported, the U.S. economy, workers and consumers are poised to make a Great American Recovery.

The U.S. stock market is looking forward and climbing in response to the economic reopening; while -as expected- many blue state governors are intentionally attempting to hold back their economies and planning for a federal bailout to cover their revenue shortfalls. Remove the possibility for a bailout and those governors will be forced to join the reopening.

(more…)

China is signaling they will drop the panda illusion and take a full frontal dragon approach toward Hong Kong. Chairman Xi Jinping is deploying, some say he has already deployed, the Ministry of State Security – China’s leading intelligence agency – into Hong Kong to begin formal control through national security laws.

The move appears to be a direct signal that communist Beijing will not longer accept or allow Hong Kong’s current autonomous status as a free democracy. Beijing signaling “enough is enough”, and Hong Kongers are rightly concerned.  If Xi follows through, we can expect to see even more protests and confrontations; and the possibility President Trump will remove the “special trade status” the U.S. gives to Hong Kong.

Right now Hong Kong is exempt from U.S. tariffs and other economic measures the U.S. has deployed against China.  If Beijing takes full control, that could quickly change.

(Reuters) – Beijing appears determined to stamp out any renewed rebellion against the Communist Party’s authority over the former British colony. China’s largely rubber-stamp parliament, the National People’s Congress, is preparing to circumvent the city’s lawmaking body, the Legislative Council, in drafting the new laws.

(more…)

Brilliant Agitprop: The power of government comes from the people; or as we say in the U.S. “from the consent of the governed.” When the people lead, the politicians are forced to follow.

It is the responsibility of each of us to stand, defiantly if needed, and support a President who is waging a battle against multiple adversaries on our behalf.  “Stand” means be visible.  “Stand” means let your voice be heard. “Stand” means telling your republican representatives what your expectations are.  They represent us; WE are the people.

We are the elite.

He is our weapon.

As we bear witness, anyone trying to convince us this entire assembly of our union is headed in the right direction, well, they might want to revisit their proximity to the 2020 election ballpark. Because they’re not just out of the city – they’re also out of the same state the election ballpark is located in….. Then again, the media know that.

David Mamet had a famous saying, essentially: …‘in order for democrats, liberals, progressives et al to continue their illogical belief systems they have to pretend not to know a lot of things’… By pretending ‘not to know’ there is no guilt, no actual connection to conscience. Denial of truth allows easier trespass.

(more…)

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

.

[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.

(more…)

A visibly angered President Trump told Maria Bartiromo he “doesn’t want to talk to China right now” and expresses a more open opinion that we should just decouple from all economic attachment to China.  This is a seismic shift in tone toward Beijing.

All administration policy and economic influence is now targeted to remove Chinese manufacturing from the U.S. supply chain. President Trump and white house officials openly discussing a U.S. effort to decouple from China is a significant shift.

.

President Trump has been creating a dual position for several years; this is very unique because it is the same strategy used by China.  By expressing a panda face, yet concealing the underlying dragon, President Trump’s policy to China is a mirror of themselves.

(more…)

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.

(more…)

White House trade and manufacturing policy advisor Peter Navarro appears on Fox News to discuss the administration’s outlook toward China and the intense focus to bring critical manufacturing back to the U.S.

Earlier in the day a visibly angered President Trump told Maria Bartiromo he “doesn’t want to talk to China right now”, and Navarro highlights exactly why.   All administration policy and economic influence is targeted to remove Chinese manufacturing from the U.S. supply chain.  President Trump officials openly discussing an intentional U.S. effort to decouple from China is a significant shift…. WATCH:

(more…)

Commerce Secretary Wilbur Ross has been in discussions for several years with both TSMC and Intel to build advanced chip manufacturing plants in the U.S. and extract U.S. supply chain needs from China and southeast Asia.  It appears his efforts, and the emphasis on global supply-chain shifts from President Trump, are getting results.

According to numerous media reports Taiwan Semiconductor Manufacturing Co (TSMC) is likely to announce this week they will build an advanced chip manufacturing facility in Arizona.  A manufacturing facility for advanced 5 nanometer chip manufacturing is a steep investment decision costing around $10 billion.

This shift in a high-tech supply chain will align with President Trump’s prior discussions with Tim Cook the CEO of Apple which led to a decision to invest in Texas.  TSMC is a chip supplier for Apple products; and Apple is moving to the 5nm processors in new devices. It looks like the movement of advanced industrial products away from China is underway.

(Via Appleinsider) – Apple supplier Taiwan Semiconductor Manufacturing Co. is set to announce that it plans to build an advanced chip factory in Arizona.

Taiwan-based TSMC is the world’s largest contract manufacturer of silicon chipsets and has long been Apple’s primary supplier of A-series chips.

(more…)

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)