Peter Navarro discusses the Trump administration’s trade agenda and some predictions for the state of the Main Street U.S. economy heading into 2020.
Navarro highlights the completed agreements with South Korea, Japan, China phase-1, and the U.S., Mexico, Canada USMCA agreement and what they can deliver next year.
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It really is quite remarkable that President Trump and the economic team could simultaneously diminish the interests of multinationals, focus on Main Street USA, and still create a situation where Wall Street stocks are growing. (more…)
Natasha Bertrand is the stenographer for Fusion-GPS smear activities with a reputation for egregious lying and narrative engineering. As a result it doesn’t come as a surprise to see Bertrand writing a collaborative article in Politico taking swipes on behalf of a thoroughly corrupted intelligence community.
Consider this paragraph using another vile creature from the political swamp:
[…] When it comes to Durham, Haspel is likely “confident there has been no serious wrongdoing, and will therefore find a means to cooperate” with the investigation, said John Sipher, a 28-year CIA veteran.
Too funny. The spooks and scribes live a life so deeply enmeshed in the world of fraud and lying they cannot even see themselves exposing their own character. Put another way: ‘if Haspel was confident of serious wrongdoing, she wouldn’t cooperate with the investigation’.
See, they just can’t help exposing themselves. If it wasn’t serious, it would be funny. These inherently vile liars cannot stop themselves from exposing their nature…. it just flows out.
The good news in the article; and there is a lot of accidentally placed good news within it for those who follow closely; comes from these paragraphs: (more…)
At the same time Beijing is reportedly promising internal reforms to retain access to a vital and necessary U.S. market for Chinese goods, Beijing is threatening Germany if they block Huawei technology from their 5G network China will announce German autos are unsafe for import…. Chancellor Angela Merkel is in a pickle.
According to Bloomberg analysis, German automakers sold approximately seven million cars to China in 2018. The Chinese Ambassador to Germany said this weekend: ” “If Germany were to take a decision that leads to Huawei’s exclusion from the German market, there will be consequences. The Chinese government will not stand idly by.”
(SCMP) […] The Chinese ambassador in Berlin has stirred up a fresh controversy over the tech giant Huawei after he threatened “consequences” if it was excluded from Germany.
U.S. Trade Representative Robert Lighthizer has released a two-page summary fact sheet [pdf link here] outlining the “Phase-One” agreement in principal. From research into the material the principal agreement appears to be an 86-page document covering nine chapters. The fact sheet covers the top lines of seven chapters: (more…)
Following a major election victory for conservatives in the U.K. the Antifa-left start rioting in the streets again. Proving once more that socialists do not accept election outcomes.
The vitriolic response from the British socialists resembles an almost identical response following the 2016 election victory of President Trump. Same groups, same political ideology, same behavior, same violence, rage and expressed anger.
The inability of the progressive left to accept the outcome of an election is identical in both the U.K and the U.S. Calling Boris Johnson a racist and attempting to delegitimize the election outcome has a ring of familiarity for Americans.
The decades of their united globalist efforts to tear at the very fabric of nationalism is being eliminated. The radical socialists have nothing to lose; the media is sympathetic to their objectives; their desperate need for a collectivist society is visible within their apoplexy. They are afraid of the individual accountability that comes with freedom, and they’re damn sure displaying it.
Do not look away. (more…)
Last night President Trump congratulated Prime Minister Boris Johnson on his great win in the U.K. election, noting the possibilities for a big trade boost are “massive”:
Not accidentally, the geopolitical economic and trade planets have aligned splendidly. The cornerstone USMCA agreement has bipartisan support and will ratify quickly in congress. A “phase one” trade agreement with China is likely, and prior plans for a strategic trade deal with the U.K. have increased as a result of the U.K. election.
First rule in geopolitics, it’s always about the economics. Second rule in geopolitics: refer to rule #1. Understanding this basic truism is the key to understand how President Trump is able to be so effective. There are trillions at stake, and many interests.
“Economic security is national security.” ~President Trump
All politics circles back to the underlying economics; whether it is an individual financial self-interest for a specific politician, or whether it is a larger financial interest for a group or even a nation. Everything is always about the money; and that essential truth is why Donald Trump is so uniquely qualified, influential and stunningly effective. (more…)
A “landslide”, a complete “wipe-out”, a “massive victory” appears looming for Boris Johnson and the conservative party in the U.K. if exit polls are accurate.
These blowout results guarantee a faster Brexit from the European Union and the leftist labor party in the U.K. has been crushed. Conservatives look to have picked up 50 seats and Labor has lost 71 seats; the Scottish National Party (SNP) has picked up 20.
The “Remainers” in the U.K. have been decimated, and the voters who want to “Leave” the EU have fueled a massive victory for Boris Johnson. Liberal heads are blown-out, bigly.
(Via Daily Mail) Boris Johnson hailed his new blue-collar Tory army tonight as it emerged he is on track to secure a staggering landslide in the election battle – with Labour’s ‘red wall’ of Brexit-backing strongholds imploding.
A dramatic exit poll shows voters handing the Tories a massive 368 seats, with Labour languishing on 191 – down 71 on 2017 and the worst performance in modern history.
The bombshell numbers would give a huge Commons majority of 86, the biggest since Margaret Thatcher’s triumph in 1987, and are equivalent to a 10-point lead in the popular vote. (more)
This result also has massive ramifications for a U.S-U.K trade deal; and subsequently major leverage for the U.S. (independently) and a U.S. – U.K. alliance in future trade negotiations against the European Union. (more…)
Amid breaking developments on multiple trade fronts which will likely see USMCA passage; and the potential for enhanced China tariffs on December 15th; Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss the big picture.
Secretary Ross highlights the manipulation of USMCA ratification and timing by Pelosi to obfuscate the highly partisan political impeachment effort. Mid-2019 CTH noted this strategic plan was visible and probable.
Ross also discusses the specifics of China, the EU and Brexit as it relates to the global trade reset being carried out in a methodical manner by the Trump administration. The USMCA will be the first cornerstone domino in a chain of trade events that will fundamentally restructure the nature of all international trade and supply chains. Great Interview:
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As we have discussed on these pages, the dynamic is severely consequential and the Wall Street multinationals are reacting to the daily details while Main Street gains strength. President Trump is dismantling global supply chains; focusing on bringing high-wage manufacturing industry back to the U.S; and driving a process of profound consequence through economic nationalism.
Titan Trump is winning the economic battle by: (a) repatriating wealth (trade policy); (b) blocking exfiltration (main street policy); (c) creating new and modern economic alliances based on reciprocity (bilateral deals); and (d) dismantling the post WWII Marshal plan of global trade and one-way tariffs (de-globalization). (more…)
President Donald Trump and First Lady Melania Trump attend day two of the 70th Anniversary NATO Summit in London, England. The U.K. is five hours ahead of U.S. Eastern Time.
Day two includes: a general session for all members of the NATO alliance; a luncheon by President Trump to thank those NATO members fulfilling their two-percent pledge to their own security; bilat meetings with Angela Merkel, Mette Frederiksen and Giuseppe Conte; a press conference, and then departure.
♦3:25am ET / 8:25am Local – THE PRESIDENT departs Winfield House Landing Zone en route to the Grove Landing Zone, London, UK
♦3:40am ET / 8:40am Local – THE PRESIDENT arrives at the Grove Landing Zone, London, UK
♦3:50am ET / 8:50am Local – THE PRESIDENT departs the Grove Landing Zone en route to The Grove, London, UK (more…)
In the second bilateral NATO meeting of the day, U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau hold a joint press availability.
Unfortunately for U.S-Canada relations, at the conclusion of their bilat Trudeau went to a NATO reception at No. 10 Downing Street and was caught on mic disparaging President Trump with French President Emmanuel Macron. [Video and Transcript Below]
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[Transcript] – PRESIDENT TRUMP: Well, thank you very much, everybody. A question was asked just a little while ago about supporting the people protesting in Iran and are going through a very tough period. And we do support them totally and have supported them from the beginning.
The question was asked: “Do we support them” — I thought — “financially?” And we haven’t supported them. I don’t know that we’ve ever been actually asked to support them, financially. And I — you know, if somebody asked, maybe we would. But we support them very, very seriously. The people that are protesting in Iran, they’re looking for their freedom, and we are fully in support of them. (more…)