In the multidimensional economic security approach of President Trump, Treasury Secretary Steve Mnuchin plays a critical role.  Today the U.S. Treasury announces new sanctions on Chinese and Russian entities for enabling North Korea.
The Office of Foreign Asset Control (OFAC) announced additional people, businesses and entities added to the “Specially Designed Nationals” sanctions list. [Full List Here]

One note that must be underlined – SEVERAL of these sanctioned entities/organizations MAY also be part of the Washington DC lobbying apparatus, directly or indirectly.  As such, Secretary Mnuchin becomes a target of those financial interests.

WASHINGTON (Reuters) – The United States is imposing new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang’s weapons programs, U.S. officials announced on Tuesday, but stopped short of an anticipated focus on Chinese banks.
The Office of Foreign Assets Control designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. They included a Namibia-based subsidiary of a Chinese company and a North Korean entity operating in Namibia.

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An interesting article in the Washington Times poses a possibility of President Trump holding a deconfliction summit with North Korea –SEE HERE– And that begs a question of whether or not it’s actually plausible. I would state unequivocally yes, and here’s why.
If you have followed the foreign policy pattern of President Trump you immediately recognize he does not restrain himself to DC political customs or DC political norms. Indeed as Egyptian President Abdel Fattah al-Sisi optimistically noted, President Trump can accomplish many things because he brings a unique perspective to the world of policy and diplomatic engagement. Later repeating: “He Can Do The Impossible“.

Additionally since we originally outlined the likely scenario for a restart of the ‘six party talks‘ (China, South Korea, Russia, Japan and the U.S.), on August 13th, there has been some visible activity providing further evidence toward that end.
•Japan (Shinzo Abe) has stated they have “great confidence” in President Trump’s Asian national security approach. •South Korea (President Moon Jae-in) has stated they are “confident there will not be war again on the Korean peninsular“; •and they are willing to send a special envoy to North Korea to begin talks. •In addition, China has quietly removed the 71-year-old veteran diplomat, Wu Dawei, from the position of negotiator toward the DPRK, and replaced him with 58-year-old Kong Xuanyou. Kong is a long time Chinese diplomat in charge of Asian affairs and he speaks Korean.
All of this generally under-reported diplomatic activity has taken place within the past week while the American media was busy pushing Charlottesville narratives.  But more importantly this activity took place while President Trump directed USTR Lighthizer to begin a section 301 trade investigation into China.  POTUS Trump is ramping up the pressure on Chinese President Xi Jinping, but more specifically this action targets Beijing’s communist old guard who control both their economy and the DPRK behavior.
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NAFTA negotiations enter day #4 today.  The final Round 1 summary day is tomorrow, Sunday.   Information as to specifics is hard to find.  Much of the ongoing negotiation is clouded in secrecy.
However, that said, one of CTH mouses (with wolverine teeth) shares a negotiation aspect that drew a great deal of conseternation from the Mexico and Canada side.
The issue revolves around government contracts, specifically U.S. federal contracts for goods and services.  President Trump has initiated a “Buy American, Hire American” policy for government contracts; meaning if the U.S. government has to spend money for a product or service, it should be spent on acquisition of American products made by American workers.
Mexico and Canada want access to these lucrative contracts.  President Trump’s “America First” procurement process is against their interest.  Canada is especially upset about this dynamic.  Canada wants to be able to bid on U.S. Federal Government contracts; and Canada’s Foreign Affairs Minister Chrystia Freeland referred to the buy-local rules as “poor public policy.”
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The ‘big ugly’ is inevitable. We all know it.  The only thing yet to be determined is the timing.  My spidey hunch tells me there are multiple possible detonation moments depending on sequencing.
Today, President Trump violates Mitch McConnell and Chuck Schumer’s golden rule regarding incumbent Senators.  President Trump tweeted support for a challenger:

Think about it.  President Trump has quietly placed triggering policy around the base of several UniParty issues:

♦China Trade Imbalance and North Korea Denuclearization; ♦the ongoing NAFTA renegotiations and future trade deals; ♦the fiscal year 2018 budget and associated MAGAnomic policy; ♦the southern border wall and immigration enforcement; ♦infrastructure and prioritization of spending; ♦no more stupid wars; ♦the repeal of ObamaCare and tax reform to benefit the middle-class workforce. 

These are not Bannonisms, these are core and central issues important to President Trump on an inherently personal and intrinsic level.
With some nuanced adjustments to reflect the current international challenges (ie. adding DPRK to the China objectives), these are essentially the fundamental reasons why candidate Trump came down the escalator in 2015.
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President Donald Trump has cancelled the Manufacturers Council and the Strategic Economic Advisory Board.  There are trillions of dollars at stake.  The members of the boards, and their representative companies, were being targeted by left-wing groups like Move-On.Org with boycotts and opposition.

There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform.  Believe it or not, President Trump is up against an entire world economic establishment.
I will outline how it works below; and when you understand how it works in the modern era you will understand why the agents within the system are so adamantly opposed to U.S. President Trump.
The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.
It doesn’t.
Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations.  Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity.  Underneath that economic activity there are people who hold the reigns of power over the outcomes.  These individuals and groups are the stakeholders in direct opposition to principles of national economics.
The modern financial constructs of these entities have been established over the course of the past three decades.  When you understand how they manipulate the economic system of individual nations you begin to understand understand why they are so fundamentally opposed to President Trump.
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The transparency is obvious for anyone who has followed the history of motives behind U.S. business entities, and affiliates, who each have vested financial interests in global manufacturing exploitation to the detriment of America’s economic interests and U.S middle-class workers.
It would be laughable if their oppositional interest was not so consequential.  However, TEAM USA will prevail. Bigly. Believe it.  For many years CTH has been warning about the “trillion dollar stakeholders” in the multinational corporatism that infects the U.S. body politic. –Outlined HERE–

Toward that end manufacturing CEO’s, who have vested interests in retaining international manufacture of their products for U.S. market, took up positions aboard President Trump’s manufacturing council in an effort to steer the “America First” shift in economic policy.
Those CEO council voices initially convinced President Trump not to “scrap” the NAFTA trade deal and instead requested a “re-negotiation” therein.  However, on the eve of the actual re-negotiation taking place, and against the backdrop of looming and consequential trade sanctions against China, those same entities are facing a reality where the system enabling their continued indulgences is likely to be collapsed.  Because Trump.
The communist Chinese government is no longer trying to hide their prior insurance payments into the corrupt and exploitative economic policy of the U.S.
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The disrespectful, argumentative, arrogant and combative left-wing U.S. media apparatus was on full display today when President Trump concluded his remarks on infrastructure and opened the floor for questions.
As each media enterprise attempted to one-up the virtue signaling of the prior, the sheer scale of the media’s frenzied hatred and disrespect took center stage. WATCH:

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Forget the social chaff and political countermeasures being promoted in the media. It is all manufactured distraction.  It’s MONEY that matters to the powerful interests in the upper suites of the corporate media apparatus.

Everything, e.v.e.r.y.t.h.i.n.g, every story, is circling the upcoming economic and financial trade confrontations.  There are trillions at stake and President Donald Trump is facing off against the international “BIG CLUB”.  The purchased multinational political entities who operate within the massive and institutional multinational corporate and financial networks behind the World Bank and World Trade Organization.
NAFTA re-negotiations are set to begin in Washington DC this coming Wednesday. President Trump is meeting with Trade Team U.S.A tonight.

♦ Last week Mexico’s Economic Minister Ildefonso Guajardo threatened to flood the U.S. with illegal aliens, South American gangs and massive illegal drugs shipments if the U.S. doesn’t keep favor with Mexico in the trilateral trade deal. –LINK–

♦ Now today, Canadian Foreign Minister Chrystia Freeland states that Canada will walk away from re-negotiated NAFTA if Chapter 19 trade dispute resolutions are not retained. –LINK–

What Canada seeks to keep is a dispute mechanism that specifically politicizes the NAFTA trade resolution process.  Chapter 19 establishes a bi-national panel who make binding decisions on complaints about illegal subsidies, dumping, manipulation of trade and possible countervailing duties.
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During an afternoon announcement with Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, President Trump announced the launch of section 301 trade investigations into China’s business practices for theft of U.S. technology and violations of U.S. intellectual property rights.
Perhaps the most overlooked portion of the remarks from President Trump happened as he sat down to sign the Presidential Memorandum authorizing the official investigation:

…This is only the beginning folks. This is only the beginning…

For approximately 30 years China has been engaged in a unidirectional trade war against the United States of America; facilitated and enabled by both Democrats and Republicans who have been purchased by multinational and corporate lobbyists to block any effort to defend our U.S. interests.  The biggest victims have been U.S. middle-class workers.
Today, for the first time in modern U.S. history, a singular President stood up and began what will be an arduous process of fighting back, defending the U.S. economy and balancing the rights of U.S. workers and companies with “fair” and “reciprocal” trade.

Section 301 of the Trade Act of 1974 provides the United States with the authority to enforce trade agreements, resolve trade disputes, and open foreign markets to U.S. goods and services. It is the principal statutory authority under which the United States may impose trade sanctions on foreign countries that either violate trade agreements or engage in other unfair trade practices. When negotiations to remove the offending trade practice fail, the United States may take action to raise import duties on the foreign country’s products as a means to rebalance lost concessions. (LINK)

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Asian policy specialist Gordon Chang interviewed by Maria Bartiromo on her Sunday talk show and accurately outlines the key to a denuclearized North Korea is an economically defeated China.  It appears Mr. Chang fully understands the Trump policy of using economics to achieve national security.
As we have continued to outline, China, specifically the old guard communist control agents within Beijing, use Kim Jong-un as a foil against the west, specifically against the United States.  The long-term objective in using the DPRK is retention of China’s economic strategy, and blockage of President Trump from upending their goals.  Watch:

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As we have outlined extensively, President Trump holds all of the cards in this economic and trade standoff.  The U.S. is China’s customer and there’s a $500 billion trade deficit.
However, President Trump cannot be completely open with the strategy because part of the long-term plan is to allow China to save face by giving up North Korea’s nuclear ambitions. It would be against Trump’s interests if the entire global and geopolitical community understood what was happening.
So they question becomes, how will we know when President Trump has won in the economic and national security challenge?
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