Quantcast

Canada Begins First Steps Toward USMCA Ratification….

Chrystia Freeland has presented the initial procedural process for  the Canadian Parliament to take up a bill to pass the USMCA.  However, the Canadian window is short, if they don’t ratify the trade pact by the end of June, the Canadian parliament will go into legislative recess until after the general elections October 21st, 2019.

OTTAWA (Reuters) – Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice President Mike Pence’s trip to Ottawa to discuss the passage of the treaty.
Foreign Minister Chrystia Freeland presented what is known as a “ways and means motion” to the House of Commons, which opens the way for the formal presentation of a bill.

(more…)

Motegi and Lighthizer Meeting Right Now…

Based on time zones (Japan is 13 hours ahead), and considering Lighthizer left on Thursday; it would appear Japanese Economy Minister Toshimitsu Motegi and U.S. Trade Representative Robert Lighthizer are meeting right about now.

(Reuters) – Japanese Economy Minister Toshimitsu Motegi said on Friday that he will meet with U.S. Trade Representative Robert Lighthizer in Tokyo on Saturday for trade talks ahead of a summit meeting between leaders from the two nations on Monday.
Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump are expected to discuss topics including North Korea’s nuclear programs, trade issues and the coming Group of 20 leaders’ summit. (link)

Following the State Dinner to celebrate the beginning of the Reiwa Era, introduced with the coronation of Japanese Emperor Naruhito, President Donald Trump and Prime Minister Shinzo Abe are scheduled to hold a summit and joint press conference on Monday.
(more…)

President Trump Delivers Remarks on Supporting Farmers and Ranchers – 3:15pm EDT Livestream…

President Trump is holding a White House event to support Farmers and Ranchers and announce a transitionary aid package to help during the restructuring of the global supply chain and a reset in U.S-China engagement. Anticipated start time 3:15pm EDT.
Quite a remarkable presser.
UPDATE: Video Added


(more…)

Prime Minister Narendra Modi Wins Big in India…

The headlines are once again examples of an ideological media. “Stunning”, “surprising”, “unexpected”, etc.  However, far from the headline ideology; in a result that is splendidly falling into place for a much more consequential geopolitical landscape; things are going swimmingly…

Reuters Headline: “India’s Modi stuns opposition with huge election win”

NEW DELHI/AYODHYA (Reuters) – Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.
His re-election reinforces a global trend of right-wing populists sweeping to victory, from the United States to Brazil and Italy, often after adopting harsh positions on protectionism, immigration and defense.

(more…)

Steve Bannon Responds To China Labeling Him "Demon", Arch-Nemesis of Beijing…

Steve Bannon appears on Fox Business news to discuss his new label as global “demon” to Beijing for Bannon’s strategic opposition to the rise of Chinese dragonomics.


.
Mr. Bannon is correct in outlining President Trump’s long term strategy to break the global supply chain and reset structural trade priorities.  There’s a reason why President Trump pours vociferous praise on Xi Jinping while simultaneously executing the most brilliant geopolitical economic reset in history.  President Trump is mirroring Beijing’s approach, a panda mask that hides the dragon…
(more…)

Steve Scalise Discusses China, USMCA, Trade and Possible Bid for Louisiana Governor…

Louisiana congressional representative and house minority whip Steve Scalise discusses current trade and economic initiatives from President Trump’s agenda.  Representative Scalise outlines the importance of the challenge to China and the benefits within the USMCA agreement.
Beyond the economics, Scalise notes the recent report about running for Louisiana governor stemmed from a short, off-the-cuff, conversation with President Trump and he dismisses the seriousness of the discussion.


(more…)

Steve Hilton Interviews President Trump…

President Trump gave a lengthy interview to Steve Hilton on a variety of topics.


(more…)

Google Suspends Business With Huawei After Trump/Ross Blacklist…

Commerce Secretary Wilbur Ross has to be the coolest cat in the crew. On May 15th at 6:00pm Ross blacklists Chinese Company Huawei, requiring Commerce Dept. licensing prior to any “American technology transferring to a company or person on the Entity List.” An hour later… Wilbur Ross is chillin’ in the East Room at a black tie dinner:

President Trump […] … And Wilbur had a very big day today. You probably have read about it. It came out at about 6 o’clock in the evening. So, we’re surprised to see you here, Wilbur. You should be working right now, Wilbur — (laughter) — wherever you are. (link)

The Chinese communists hate U.S.T.R. Lighthizer, but I bet they tremble more over Ross.

NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.

(more…)

Sunday Talks: Pat Toomey and Chris Wallace Discuss GOP Position on Trade and Immigration…

Notice how Wallace never interrupts a Wall Street Decepticon?   Senator Pat Toomey (U-CoC) and swamp gatekeeper Chris Wallace discuss tariffs on China, the immigration crisis and a possible threat from Iran.


(more…)

Republican Justin Amash Calls for Impeachment – While Holding Personal Business Interests in China…

Michigan Republican Congressman Justin Amash made headlines Saturday by declaring on Twitter that President Trump deserved impeachment.  The media was quick to promote his position and advance an anti-Trump narrative.  However, a review of Amash’s financial interests quickly reveals a very personal business motive.  His family tool business is heavily invested in Chinese manufacturing.

In his 2017 financial disclosure forms (pdf here), Representative Amash reports income of between $100,000 to $1,000,000/yr. for his ownership stake in Michigan Industrial Tools.  Michigan Industrial Tools is the parent company, manufacturing in China, that produces Tekton Tools, Justin Amash’s Michigan family business.

According to an earlier Michigan article “Amash is a co-owner of Dynamic Source International, a Chinese company that supplies Michigan Industrial Tools.”  A visit to the website of Dynamic Source International (link) shows the company operates “manufacturing and factory facilities located in Hangzhou, capital city of Zhejiang Province”, China.
(more…)