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Panda Games – China Files WTO Complaint Against U.S. Tariffs…

After benefiting from ridiculous preferential treatment by the World Trade Organization under “emerging nation” status for the past two decades, Beijing now turns to the WTO and files a complaint against the U.S. over recent tariffs and countervailing duties.

The substance to Beijing’s complaint is silly.  China claims there was a “leadership agreement” during the Osaka G20 summit not to apply additional tariffs.  However, the latest round of U.S. tariffs on China were in response to Chinese tariffs applied after Osaka.  Bottom line, Beijing is playing political games.
China, once again playing the wounded panda routine, is trying to set up a narrative that President Trump has broken his word.  That’s the cornerstone of their position, and they know such a complaint won’t go anywhere at the WTO; the complaint is really for the use, exploitation, and consumption by President Trump’s political opposition, domestic and international.  (emphasis mine)

HONG KONG/GENEVA (Reuters) – China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday.

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President Donald Trump Proclamation for Labor Day 2019…

President Donald J Trump has issued the following proclamation in celebration of Labor Day 2019 and the vitality of the American worker:

[White House] On Labor Day, we recognize the remarkable American workers who comprise the greatest labor force in the world.  American workers are the heart and soul of our Nation’s economic resurgence.  Since my first day in office, I have followed through on my promise to fight for an agenda that puts American workers first.
My Administration’s pro-growth policies have enabled countless Americans to reclaim the dignity of work and reap the rewards of our thriving economy.  Since my election, the American economy has added more than 6 million new jobs, and for the past 17 months, the unemployment rate has held near record lows.  In 2017, as the unemployment rate decreased, the rates of injuries and illnesses in the workplace also declined.  Additionally, employers are paying higher wages, which are rising at the fastest pace in a decade.  Jobs are consistently becoming available faster than people can fill them.
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Nigel Farage Discusses Current Status of Brexit Maneuvers…

Brexit Party leader Nigel Farage calls in to Neil Cavuto to discuss the latest maneuvering by the various political forces as they position to stop Brexit or modify the terms. [Backstory with details]  Mr. Farage discusses Prime Minister Boris Johnson’s request to close parliament in order to push through ‘no-deal’ Brexit.  Farage says the closing of parliament is a normal process being hyped by opposition leaders.


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Brexit Maneuvering – Boris Johnson Requests Queen Suspend Parliament, Queen Elizabeth Agrees – Brexit Opposition Plan Thwarted, For Now…

Internal British opposition leader Jeremy Corbyn was developing a plan to stop the U.K from leaving the European Union through legislation aimed at blocking any Brexit without a pre-existing deal.  Additionally, Corbyn was proposing calling a vote of ‘no confidence’ in a scheme aimed at weakening Prime Minister Boris Johnson’s no-deal brexit.
To thwart that opposition plan, PM Boris Johnson asked Queen Elizabeth to suspend Parliament, thereby cancelling the legislative time Corbyn would have to form his anti-Brexit law and scheme. Britain’s Queen Elizabeth II agreed to suspend Parliament.

In addition, Prime Minister Johnson has significantly diminished the ‘no-confidence’ scheme by stating if Corbyn follows through PM Johnson would continue to proceed with the Brexit process, and call for a snap election immediately following the October 31st ‘no deal’ exit from the EU.   The globalist opposition is going bananas.
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The Leverage of Dependency – Chinese Manufacturers Admit Without U.S. Market They Collapse…

An interesting article in the South China Morning Post outlines how Chinese companies producing everything from canned mandarin oranges, to mid and high-tier furniture, cannot sustain a business model without access to the U.S. market.
Their problem?…
In essence, when they established their decades-old business model the overwhelming majority of their manufacturing was/is contingent on U.S. buyers.
Right now those Chinese companies are praying the CCP central government keeps devaluing their currency, because U.S. purchasers, including wholesalers and intermediaries, have told those manufacturers they will not pay the import duties.
Apparently, U.S. corporate buyers are leveraging the pressure applied by President Trump – a remarkable dynamic.

(SCMP) […] “The US client called us last weekend and asked us to pay the additional tariff of 5 per cent. We could not refuse since it was our idea to bid to supply the canned fruit for the supermarkets,” she said. “We have no way to deal with it now. We only hope that the yuan will depreciate in the coming weeks and offset the new tariff. Otherwise, we will lose a lot [of money] on this order.”

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MAGAnomics – Consumer Confidence Index Beats Expectations – Assessment Index Highest in 19 Years…

The efforts of the Wall Street pundits and financial class to talk the American consumer into creating a recession is failing. The Consumer Confidence Index remains at historic highs as U.S. workers/consumers are confident in their economic position. Yes, Main Street USA is optimistic about current and future expectations.

The Consumer Assessment Index, a measure of the percentage of consumers claiming business conditions are “good”, increased from 39.9 percent to 42.0; and the Present Situation Index is now at its highest level in nearly 19 years (Nov. 2000, 179.7).
These are all key indicators because the U.S. consumer is the engine of our economy.  The U.S. consumer generates over two-thirds of our GDP activity through purchases.  One of the strengths of the U.S. economy is our internal self-sufficiency; approximately 80 percent of all consumer goods created in the U.S. are purchased in the U.S. by U.S. consumers [we are not reliant on exports to sustain growth].
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President Trump and President Macron Joint G7 Press Conference – Update Video and Transcript…

At the conclusion of the G7 Summit in Biarritz, France, President Trump and French President Emmanuel Macron hold a joint press conference.
President Macron used the opportunity to serve his own urgent political interests.  With a populist ‘yellow vest’ movement knocking on his palace gates, the optics of presenting himself in alignment with ‘yellow vest’ nationalist Donald Trump helps Macron to deflect opposition away from his leftist policies.  Hence, a lengthy diatribe from the french weasel.
[Video below and UPDATED With Transcript]


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[Transcript] PRESIDENT MACRON: (As interpreted.) Mr. President, Madam First Lady, ladies and gentlemen — ladies and gentlemen: Following this G7 meeting that we have just held, and we’ve been discussing for two days now and I’m going to report back to you. But, first of all, I’d like to thank President Trump and all the heads of state and government present here for the extremely productive work and the very productive discussions that we’ve had since Saturday evening together.
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Fake Panda – China's Request for "Calm" is Pure Head-Fake From Beijing….

Perhaps President Trump has to play the public pretend game to China’s panda mask presentations, but we do not.

The corporate U.S. media are pushing a hard narrative today surrounding claims by Chinese Vice-Premier Liu He and wanting to create “calm” to work in earnest toward a U.S-China trade deal.  However, those who follow the dynamic closely will remember Liu He’s role was changed back in July.  Today’s Panda announcement is pure cunning.
Everything China is doing is intended to make it harder for President Trump to be aggressive in the confrontation:

BEIJING (Reuters) – Chinese Vice Premier Liu He said on Monday that China is willing to resolve its trade dispute with the United States through calm negotiations and resolutely opposes the escalation of the conflict, a state-backed newspaper reported.
Liu, China’s top trade negotiator, was speaking at a tech conference in Chongqing in southwest China, the Chongqing Morning Post reported.

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U.S/India Bilat – President Trump and Prime Minister Narendra Modi…

President Trump holds a bilateral discussion with India’s Prime Minister Narendra Modi.  PM Modi is a key figure in any strategy designed to blunt the influence of China.  [Video and Transcript below]


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[Transcript] – PRESIDENT TRUMP: Thank you very much. It’s great to be with Prime Minister Modi of India. Incredible country and he’s an incredible man. Just had a tremendous election victory and he really is a man who’s loved and respected in his country.
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Day Three Schedule – G7 Summit, Biarritz France…

The third day of the G7 Summit in Biarritz, France, has more bilateral discussions between U.S. President Donald Trump and international leaders outside the traditional ‘group of seven‘ construct.  The topics of Macron’s selected G7 group discussion include planetary sustainability, climate change, biodiversity, oceanography and aquatic justice.
Additionally, President Trump will be holding bilateral economic meetings with President Abdel Fattah al-Sisi (Egypt) and Prime Minister Narendra Modi (India) from outside the G7; and then German Chancellor Angela Merkel from inside the G7.

At the conclusion of the summit, 9:30am EDT, President Trump will hold a joint press conference with French President Emmanuel Macron where it is likely Macron will exhaust his remaining pre-staged effort to advance the cause of multinational globalism; with customary assistance from rude left-wing American journalists.
♦ 2:30am EDT / 8:30am CEST – THE PRESIDENT participates in a bilateral meeting with President Abdel Fattal al-Sisi of the Arab Republic of Egypt, Biarritz, France
♦ 3:05am EDT / 9:05am CEST – THE PRESIDENT departs the Hotel du Palais en route to the Centre de Congrès Bellevue, Biarritz, France
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