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President Trump Pittsburgh Steel Rally – Estimated Time 5:30pm ET

Previously, President Trump announced: “I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh. For many years, the name, “United States Steel” was synonymous with Greatness, and now, it will be again. This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy. The bulk of that Investment will occur in the next 14 months.

This is the largest Investment in the History of the Commonwealth of Pennsylvania. My Tariff Policies will ensure that Steel will once again be, forever, MADE IN AMERICA. From Pennsylvania to Arkansas, and from Minnesota to Indiana, AMERICAN MADE is BACK. I will see you all at US Steel, in Pittsburgh, on Friday, May 30th, for a BIG Rally. CONGRATULATIONS TO ALL!”

The event to celebrate the deal between US Steel and Nippon takes place today in Pittsburgh, Pennsylvania.  The anticipated start time is 5:30pm, with livestream links below:

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May 30th – 2025 Presidential Politics – Trump Administration Day 131

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

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Friday May 30th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Treasury Secretary Scott Bessent Contrasts Ridiculous Intervention of Trade Court Against Congressional Approval of President Trump Tariffs

The President of the United States, representing the executive branch, takes aggressive emergency action on tariffs and trade to protect American fiscal sovereignty and solvency.  Both chambers of the U.S. congress, the house and senate representing the Legislative branch, affirm the action through legislative support.  Yet, a single court in the judicial branch intervenes on behalf of multinational corporate interests to block trade policy.

That is the framework of Treasury Secretary Scott Bessent’s main point in a discussion with Fox News Bret Baier.  WATCH:

On the DOGE issue, listen to how a well-versed professional executive with years of experience in institutional reform discusses taking the DOGE team effort and integrating them into his massive agency as part of an operational efficiency overhaul.

Compare Secretary Bessent’s approach to other cabinet officials who have yet to grasp and execute the efficiency model that has been handed to them by the DOGE effort.  The contrast is remarkable.

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Whoops – Canadian Prime Minister Mark Carney Celebrated the Federal Trade Court Ruling a Touch too Early

The current Canadian Prime Minister is genuinely a walking meme of a Canadian Prime Minister parody.

During his remarks to parliament today, Prime Minister Carney waxed gleefully about the U.S. federal trade court ruling against President Trump’s tariffs, just moments before the federal appeals court stayed the opinion of the lower court.  It’s a little funny.

PM Carney doesn’t seem to recognize the reality of the economic landscape before him.  He complains about blocked access to the U.S. consumer base with a level of entitlement that’s genuinely humorous.  Meanwhile, the Canadian economy around him is collapsing.  WATCH:

♦ BACKGROUND – Following the 2024 presidential election, Prime Minister Justin Trudeau traveled to Mar-a-Lago and said if President Trump was to make the Canadian government face reciprocal tariffs, open the USMCA trade agreements to force reciprocity, and/or balance economic relations on non-tariff issues, then Canada would collapse upon itself economically and cease to exist.  In essence, in addition to the NATO defense shortfall, Canada cannot survive as a free and independent north American nation, without receiving all the one-way benefits from the U.S. economy.

To wit, President Trump then said, if Canada cannot survive in a balanced rules environment, including putting together their own military and defenses and meeting their NATO obligations, then Canada should become the 51st U.S state.  It was following this meeting that President Trump started emphasizing this point and shocking everyone in the process.  However, in the emotional reaction to Trump’s statements, no-one looked at the core issues outlined by Trudeau that framed President Trump’s opinion.

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NEC Director Kevin Hassett Outlines Trade Court Conflict, Optimal Tariff Approaches and Pending Congressional Legislation on Big Beautiful Bill

Shortly before the federal appeals court decision to stay the lower court intervention, National Economic Council Director Kevin Hassett appeared on Fox Business with Maria Bartiromo to discuss the frustrating trade court decision and the pending legislation on budgets and taxes.

Director Hassett is always a solid analytical mind to follow because his job is to look into the future and see if current alignment of economic policy retains the objective of economic growth, and he does it well.  Within the interview a key point made by Hassett on the trade/tariff conflict with the court is that USTR Jamieson Greer has multiple legal pathways to support the intent of the tariffs as applied.

This is a point CTH will continue to make; both the USTR and the Dept of Commerce Secretary have alternate legal trade tools that support the tariffs.  The bottom line is that whether IEEPA is used or Sec.301/302 are used the tariff outcome remains the same, the only difference is the amount of time for the countervailing duty to trigger; put another way, ‘optimal solutions.’  WATCH:

Despite the noise and media drumbeat, Kevin Hassett continues to carry the maganomic agenda forward with a smile.  He is able to do this because all of the economic policy is grounded in America-first realism.  It can be achieved, and it will be achieved, entirely because it is achievable. Remember that!

When you reach frustration, ask yourself, “is there bread in the kitchen?”  If yes, then focus on solving the immediate non-critical problem; do not allow the dark imaginings to disrupt your focus. It’s the guys like Kevin Hassett who are keeping the bread in the kitchen.

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U.S. Court of Appeals for the Federal Circuit Grants Pause Over Trade Court Ruling – Tariffs Remain in Force

Like I said last night, the Trump team followed their legal due diligence in several aspects of the tariff/trade deficit reset strategy, and it did not appear the New York trade court looked at any of the supportive material from the USTR and the Dept of Commerce.

Today, a full panel of U.S. Court of Appeals for the Federal Circuit granted a “stay” and paused the lower court ruling pending full appeal outcome and possible Supreme Court intervention.  [Ruling pdf Here]  The President Trump trade tariffs remain in place, and the ridiculous court-ordered refunding of previously collected tariffs is set aside.

[Source pdf]

The court is suspending the lower court decision until the appeals motions are filed and reviewed.  The multinational corporations have until June 5th to file their responses to the appeal, and the Trump administration has until June 9th to file their full appeal brief.

VIA CNBC – A federal appeals court on Thursday granted the Trump administration’s request to temporarily pause a lower court ruling that struck down most of President Donald Trump’s tariffs.

The Trump administration had earlier told the U.S. Court of Appeals for the Federal Circuit that it would seek “emergency relief” from the Supreme Court as soon as Friday if the tariff ruling was not quickly put on pause.

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Deputy FBI Director Dan Bongino Appears on Fox News to Instill Public Confidence in FBI

Deputy FBI Director Dan Bongino appears on Fox and Friends morning show to outline some of the historical events under a re-review.

Triggering the sympathy nerve, Mr Bongino repeatedly notes that work pressure upon him is creating ancillary pressure on his personal life, his wife and family.  Unfortunately, decades of visible corruption within his agency have numbed the public sympathy nerve.  Accepting this, we must elevate beyond our frustration, pray for Dan Bongino, for his ability to remain effectively focused, and for his family.

Regarding the message conveyed by the Deputy Director, he appears to accept there is no longer a public “trust” from which to draw. It is the responsibility within Mr Patel and Mr Bongino’s appointed positions to quench American thirst for truth, righteousness & justice.  Put earnest and honest sunlight upon the agency. Do something about the corruption we all know exists; get out of the box; be creative, be ferocious, color outside of the lines – do whatever it takes.

Sean Hannity’s highly caffeinated girlfriend is very concerned about the FBI being pulled away from safe children initiatives.  Meanwhile Deputy Bongino states the agency under their leadership has discovered a cache of previously hidden information and documents that will shed light on several previously dismissed investigative issues.  WATCH:

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May 29th – 2025 Presidential Politics – Trump Administration Day 130

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Thursday May 29th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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