President Trump tweeted this morning while Secretary Rex Tillerson is in China meeting with Xi Jinping about what to do with North Korea. ….or put another way: Tillerson chats about Rocket-boy consequences with big Panda while the sound of a lion roaring is heard over the background of the bamboo forest.
If you’ve been following along, Trump/Tillerson creating the need for ‘Magnanimous Panda’ is actually quite fun to watch unfold.

President Trump will never use the U.S. military to solve this regional issue.  The national security strategy is based entirely on economics (leverage) and diplomacy (ownership).  President Trump’s words and rhetoric against Kim Jong-un, and the response from Jong-un in kind toward President Trump, creates the foundation of a need for magnanimous panda to step in.
Remember, Beijing doesn’t want to take ownership of DPRK.  China prefers to retain influence over behavior, they are the enablers, but not be directly responsible for the enforcement of any agreement which comes with attached consequences (economic punishment) for DPRK violations.
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Ahead of an upcoming trip by President Donald Trump, and against the backdrop of economic sanctions by Trump/Mnuchin and the U.N. toward North Korea, Secretary of State Rex Tillerson works on the “Magnanimous Panda” strategy within the Trump Doctrine.
The ‘Big Picture’ goal is for China to accept responsibility, publicly, for spearheading the denuclearizing program within an established “six party talk” framework.  China ultimately becoming the guarantor of a denuclearized DPRK, and President Trump stroking the Panda Fur (praise) while simultaneously controlling the amount of bamboo in the Beijing forest.  So far, things are proceeding swimmingly.

BEIJING (Reuters) – Chinese President Xi Jinping offered warm words for U.S. President Donald Trump on Saturday, calling him a friend and saying he expected Trump’s visit to China in November would be “wonderful”.

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President Donald Trump discusses the short-term (relief) and long-term (recovery) efforts for Puerto Rico.    As everyone is aware, even before the storm the island territory was under financial collapse as a result of Democrat mismanagement and generational political agendas’ creating a culture of dependency.
Hurricane Maria has exacerbated Puerto Rico’s problems and is showcasing a governmental structure incapable of governing during crisis.  The media hypes the suffering, yet omits the Island’s inept systems of governance and the culture of dependency.  The only way the U.S. federal government can assist effectively is by taking over almost every aspect of state and local government.
As President Trump points out in this impromptu press conference, congress has some decisions to make on the long-term future of Puerto Rico.  Throwing money at the problem is futile when the recipient systems are fraught with ineptitude and corruption.

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After several conversations with dozens of relief and recovery workers the message to CTH from boots-on-the-ground is the same: the culture of dependency is jaw-dropping. Watch the raw background footage from Western media on the island and see if you can spot any native Puerto Rican residents doing much, if anything, to help themselves.
FUBAR
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President Donald Trump delivers a speech outlining the latest tax reform plan to an audience at the National Association of Manufacturers in Washington, D.C.

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[Transcript – 11:41 A.M. EDT] THE PRESIDENT: Thank you very much. (Applause.) Thank you very much. Taking up a lot of television time, but that’s okay. (Laughter.) Thank you all very much. It’s great to be here with the National Association of Manufacturers. And I especially want to thank your president, Jay Timmons, and your chairman, David Farr, along with all of the members of Congress that are here today. And they’re working hard, I will tell you that.
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Before getting to the heart of the latest announcement it is important to note there is a great deal of rapid economic action taking shape in China ahead of Secretary Rex Tillerson’s arrival.   ¹China has stopped the import of recyclables.  ²Chinese manufacturing is slowing.  ³Comac (chinese aerospace) has successfully tested their latest airliner.
#1 is important because it reflects the opinion of the central economic planners in Beijing that #2 is more severe than currently publicized. #3 is important because Canada’s plan in the Boeing -vs- Bombardier trade dispute was to look toward China to purchase Canadian subsidized aerospace products. Purchases won’t happen because China is creating it’s own airline manufacturing industry with Comac (a Beijing subsidized industry). However, China is more than willing to give the illusion of trade in order to steal Bombardier technology.
Those are all subtle signals of economic activity within China.
However, today the bigger economic story is an outcome of President Trump and Treasury Mnuchin outlining specific sanctions against any entity that engages in economic activity with North Korea.
Beijing understands the consequences to the Trump/Mnuchin sanctions and finds themselves in a tight position where allowing DPRK business interests to operate within China violates the intended purpose to cut off North Korea from it’s economic enablers.

(Via Daily Mail) China has ordered North Korean companies in the country to shut down by January as it applies UN sanctions imposed following Pyongyang’s sixth nuclear test.
The commerce ministry in Beijing said today the companies, including joint ventures with Chinese firms, have 120 days to close from the date the United Nations resolution was adopted on September 12.

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OMB Director Mick Mulvaney appeared on Tucker Carlson show tonight to discuss the proposed tax reform plan.  One of the biggest hits to Blue Cities in Blue States would be the elimination of state income tax deductions.  Mulvaney discusses this aspect along with the multitude of downstream consequences within the proposal.

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The MAGAnomic agenda for 4%+ GDP growth consisted of three basic fundamental legislative needs from congress:

• 1.) The approval of the Trump budget reducing year-over-year spending.
• 2.) The repeal and replacement of ObamaCare.
• 3.) Tax reform to include lowered rates on “middle class” and ¹corporations.

All three principles for strong national economic growth are opposed by multinational corporations and multinational banking interests along with the DC UniParty.  The legislative results so far are clear evidence of this opposition.  There are trillions of dollars at stake.

¹The multinational corporations (tax/policy lobbyists) don’t care about lowered rates because they have gone through corporate financial inversion and established their company headquarters overseas.  The lowered corporate rates only benefit domestic U.S. companies.

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We’ll dig through the tax reform details as they become available.  However, pragmatic #MAGA Trump supporters would be wise not to get too far out in advance of supporting this GOPe tax reform package yet.

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The reason for caution is quite simple.  Notice the players, the key constructionists. These are the exact same Decepticons who constructed the TPP (Trans Pacific Partnership) trade deal, and who operate in DC on behalf of their multinational corporate sponsors and benefactors. The representatives within this press conference are the EXACT SAME members who constructed TPP and pushed Trade Promotion Authority (TPA) to ensure its legislative passage.
On the broad overview so far – it would appear the Decepticons are following their traditional UniParty playbook.  Meaning they are following the road-map that continues the status quo by announcing a program not structurally established to meet the guidelines of the Trump MAGA agenda; at least as it was initially described.  Much like the ruse with Obamacare repeal and replacement efforts the GOPe often do this intentionally.
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Whoo-doggies, Wilburine ain’t messing around with this dispute.
U.S. aerospace manufacture Boeing filed an unfair trade complaint against Canadian aerospace company Bombardier stating the Canadian government was subsidizing the manufacturing of 100- to 150-seat large civil aircraft.  Canada does subsidize their airline manufacturing, everyone knows this is true – even Canadians admit it.

Boeing was seeking an 80% import tariff on purchase contracts from U.S. airline carriers.  Secretary of Commerce Wilbur Ross looked into the trade dispute and agreed with the position of Boeing.  However, the Commerce Dept. did not stop at 80%. Wilburine estimated, then initiated, a whopping 219.63% countervailing duty assessment against Bombardier.
U.S. Commerce Department Announcement:

Today, U.S. Secretary of Commerce Wilbur Ross announced the affirmative preliminary determination in the countervailing duty (CVD) investigation of 100- to 150-seat large civil aircraft from Canada, finding that exporters of this merchandise received countervailable subsidies of 219.63 percent.
The Commerce Department will instruct U.S. Customs and Border Protection to collect cash deposits from importers of 100- to 150-seat large civil aircraft based on these preliminary rates.
“The U.S. values its relationships with Canada, but even our closest allies must play by the rules,” said Secretary Ross. “The subsidization of goods by foreign governments is something that the Trump Administration takes very seriously, and we will continue to evaluate and verify the accuracy of this preliminary determination.”

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Well, well, well…. According to a breaking State Department release T-Rex will be headed to Beijing the day after tomorrow (Thursday) through Sunday.   Yup, everything proceeding swimmingly.  A very predictable plan, for an intensely smart geopolitical strategy.  Walking in a Winner Wonderland !

STATE DEPT – U.S. Secretary of State Rex Tillerson will travel to Beijing September 28 – October 1 to meet with senior Chinese leaders. Secretary Tillerson will discuss a range of issues, including the President’s planned travel to the region, the denuclearization of the Korean Peninsula, and trade and investment. Secretary Tillerson’s visit to China reaffirms the Administration’s commitment to further broaden and enhance U.S. economic and security interests in the Asia-Pacific region.

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President Trump and U.S. Secretary of Treasury Steven Mnuchin are is using the newly constructed sanctions authority to punish eight North Korean banks and 26 bank workers living abroad.
The Office of Foreign Asset Control (OFAC) sanctions (full outline below) rely on an executive order President Donald Trump signed last week to target North Korea’s access to the international banking system. The Trump/Mnuchin action comes as as a separate outcome from the recently passed United Nations sanctions package targeting North Korea.

The eight banks are all in North Korea. The Treasury Department says the 26 individuals are North Korean nationals employed by those banks who work in Russia, China, Libya and the United Arab Emirates.
Treasury Secretary Steven Mnuchin says the U.S. is targeting those “across the globe” who facilitate financial transactions for North Korea. He says it’s part of the effort to isolate North Korea over its nuclear weapons program. (link)

Treasury announcement below.
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