China is signaling they will drop the panda illusion and take a full frontal dragon approach toward Hong Kong. Chairman Xi Jinping is deploying, some say he has already deployed, the Ministry of State Security – China’s leading intelligence agency – into Hong Kong to begin formal control through national security laws.

The move appears to be a direct signal that communist Beijing will not longer accept or allow Hong Kong’s current autonomous status as a free democracy. Beijing signaling “enough is enough”, and Hong Kongers are rightly concerned.  If Xi follows through, we can expect to see even more protests and confrontations; and the possibility President Trump will remove the “special trade status” the U.S. gives to Hong Kong.

Right now Hong Kong is exempt from U.S. tariffs and other economic measures the U.S. has deployed against China.  If Beijing takes full control, that could quickly change.

(Reuters) – Beijing appears determined to stamp out any renewed rebellion against the Communist Party’s authority over the former British colony. China’s largely rubber-stamp parliament, the National People’s Congress, is preparing to circumvent the city’s lawmaking body, the Legislative Council, in drafting the new laws.

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On April, 17, 2020, President Trump directed Secretary Perdue to expedite assistance to America’s farmers, ranchers and consumers. The President directed USDA to use all funds and authorities at its disposal. In addition to the $16 billion in direct payments, the details of which are expected to be announced shortly, USDA has begun to purchase & distribute up to $3 billion of ag products to those in need through the Food Box Distribution Program.

On Friday, May 15, 2020, Advisor to the President Ivanka Trump and Secretary Perdue toured Coastal Sunbelt Producers in Laurel, MD, which has begun the packing and distribution of these boxes to families in need. Contracts to distributors have been awarded by USDA.

Earlier today President Trump delivered remarks on supporting our Nation’s farmers, ranchers, and food supply chain in the Roosevelt Room of the White House.

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An exclusive Treasury Department whistleblower outline in the Ohio Star is almost an absolute match to our research {Go Deep} on how President Obama constructed the political surveillance network during his second term.

According to the article in mid-December 2015 the Treasury whistleblower started noticing data-search transactions with the Treasury Dept. for specific people that aligned with the 2016 GOP primary.  The searches included Michael Flynn, Paul Manafort, Donald Trump and his family as well as certain members of congress.

[(L-R) Denis McDonough, Joe Biden, President Obama, Tom Donolin, Jack Lew]

The complaint outlines an unnamed database [likely NSA] was used as the first search mechanism.  After initial data was extracted the results were then used to transfer more specific searches to the Treasury dept.   The level of detail within the whistleblower complaint is eerily familiar to our own research based on declassified records.

OHIO STAR – […] By March 2016, the whistleblower said she and a colleague, who was detailed to Treasury from the intelligence community, became convinced that the surveillance of Flynn was not tied to legitimate criminal or national security concerns, but was straight-up political surveillance among other illegal activity occurring at Treasury.

“When I showed it to her, what she said, ‘Oh, sh%t!’ and I knew right then and there that I was right – this was some shady stuff,” the whistleblower said.

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A visibly angered President Trump told Maria Bartiromo he “doesn’t want to talk to China right now” and expresses a more open opinion that we should just decouple from all economic attachment to China.  This is a seismic shift in tone toward Beijing.

All administration policy and economic influence is now targeted to remove Chinese manufacturing from the U.S. supply chain. President Trump and white house officials openly discussing a U.S. effort to decouple from China is a significant shift.

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President Trump has been creating a dual position for several years; this is very unique because it is the same strategy used by China.  By expressing a panda face, yet concealing the underlying dragon, President Trump’s policy to China is a mirror of themselves.

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White House trade and manufacturing policy advisor Peter Navarro appears on Fox News to discuss the administration’s outlook toward China and the intense focus to bring critical manufacturing back to the U.S.

Earlier in the day a visibly angered President Trump told Maria Bartiromo he “doesn’t want to talk to China right now”, and Navarro highlights exactly why.   All administration policy and economic influence is targeted to remove Chinese manufacturing from the U.S. supply chain.  President Trump officials openly discussing an intentional U.S. effort to decouple from China is a significant shift…. WATCH:

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Commerce Secretary Wilbur Ross has been in discussions for several years with both TSMC and Intel to build advanced chip manufacturing plants in the U.S. and extract U.S. supply chain needs from China and southeast Asia.  It appears his efforts, and the emphasis on global supply-chain shifts from President Trump, are getting results.

According to numerous media reports Taiwan Semiconductor Manufacturing Co (TSMC) is likely to announce this week they will build an advanced chip manufacturing facility in Arizona.  A manufacturing facility for advanced 5 nanometer chip manufacturing is a steep investment decision costing around $10 billion.

This shift in a high-tech supply chain will align with President Trump’s prior discussions with Tim Cook the CEO of Apple which led to a decision to invest in Texas.  TSMC is a chip supplier for Apple products; and Apple is moving to the 5nm processors in new devices. It looks like the movement of advanced industrial products away from China is underway.

(Via Appleinsider) – Apple supplier Taiwan Semiconductor Manufacturing Co. is set to announce that it plans to build an advanced chip factory in Arizona.

Taiwan-based TSMC is the world’s largest contract manufacturer of silicon chipsets and has long been Apple’s primary supplier of A-series chips.

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This is nuts.  According to the Los Angeles Times city officials plan to keep the stay-at-home order in place for an additional three months.  However, this decision does provide further evidence the deep blue regions plan on maximizing economic damage.

The odd dynamic is…. without a massive local bailout, and funding for the citizens who are on lockdown, how could they possibly even attempt to pull this off?  Is this LA plan of action dependent on Pelosi’s brand new scheme for a $3 trillion spending package?

CALIFORNIA – Los Angeles County’s stay-at-home orders will “with all certainty” be extended for the next three months, county Public Health Director Barbara Ferrer acknowledged during a Board of Supervisors meeting on Tuesday.

Ferrer, though she didn’t issue an official order, said that timeline would only change if there was a “dramatic change to the virus and tools at hand.”

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Senator Tom Cotton appears with Maria Bartiromo to discuss recent reporting showing cell phone in/around Wuhan China showed road-blocks and/or a containment zone was mysterious set up in October of 2019.  The suspicion is that China knew the virus had escaped the Wuhan bio-lab and was taking effort to contain the spread of the virus.

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These suspicions fall on the heels of additional confirmation that Beijing asked the World Health Organization not to reveal human-to-human transmission of the virus at the same time.

Stay big picture. After three years of Beijing losing the geopolitical confrontation to President Trump…. Think about what you know of the aggressive Communist and zero-sum disposition of China. Keep in mind these new reports from intelligence research are pointing to a biologic release in/around October of 2019.   Now consider this timeline overlay…

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White House Director of Trade and Manufacturing Policy Peter Navarro appears for an interview with Maria Bartiromo.  As a China hawk Navarro outlines the economic damage from a perspective where China needs to be held accountable.

One of the ways to hold Beijing accountable is to retract all U.S. business interests and decouple from China.  The White House is currently using a task-force approach to assemble the background evidence.  Once assembled, many people suspect President Trump will initiate very strong policies against China (including tariffs) simultaneously timed with tax incentives for U.S. companies to return manufacturing back to the U.S.

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If you think about the economic vulnerabilities currently carried by China, it is entirely possible for USTR Lighthizer, Secretary Mnuchin, Secretary Ross and Peter Navarro to structure serious financial punishment upon the Red Dragon.

At no time in the past twenty years has Beijing been more vulnerable to an economic adversary.  At the same time, there has never been a more strategic economic adversary in the oval office. This is a conspicuously remarkable moment in history.

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National Economic Council Director Larry Kudlow appears on Fox Business to discuss today’s report on jobs from the Bureau of Labor and Statistics.

The estimated  unemployment rate jumped to 14.7 percent. Kudlow brings up a good point: allow people to take a tax deduction for COVID-19 expenses.

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