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Germany Frets – China Threatening German Auto Industry if Huawei 5G is Blocked…

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.

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NEC Chairman Larry Kudlow Discusses U.S. Economy and Trade Agreements…

National Economic Council Chairman Larry Kudlow appears on Fox News for a discussion of the status of the U.S. economy, the USMCA and the U.S-China trade agreement.
The Wall Street GOPe, positioned primarily in the senate, are preparing to punish the administration for their restructuring of global trade against the backdrop of the senate influence over impeachment.


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Rare Interview – U.S. Trade Ambassador Robert Lighthizer Explains "Phase One" of U.S-China Trade Deal…

USTR Robert Lighthizer made a rare appearance in the media to discuss the “big picture”, and some specifics, around the U.S-China phase-one agreement.
Ambassador Lighthizer notes the principle challenge is generating an enforceable set of standards -within a written agreement- between a totally controlled communist economic system (China) and a free-market system (USA).  No other nation has ever tried, and there is no preexisting trade agreement to facilitate a mapping.  What Lighthizer is constructing will be what all nations will start to use going forward.  This is historic stuff.
Arguably, next to President Trump, USTR Lighthizer is one of the most consequential members of the administration. What he is constructing, with the guidance of President Trump, is going to influence generations of Americans.


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[Transcript] MARGARET BRENNAN: This week, the U.S. and China agreed on the first phase of a trade deal that would roll back some American tariffs. It’s expected to be signed in early January. We’re joined now by the U.S. Trade Representative, Robert Lighthizer, the top negotiator in those talks with Chinese officials. Good to have you here.
U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER: Thank you for having me, MARGARET.
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NEC Chairman Larry Kudlow Discusses USMCA and U.S-China "Phase One" Trade Deal…

Interesting:  Tuesday budget vote. Wednesday Impeachment vote. Thursday USMCA vote.
National Economic Council Chairman Larry Kudlow appears with Maria Bartiromo to discuss the ratification of the USMCA and the U.S-China “phase one” trade deal.


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USTR Lighthizer appeared on CBS to discuss the China agreement, he goes into more detail. That conversation is coming next.
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USTR Releases Summary "Fact Sheet" Outlining U.S-China Phase One Agreement…

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:

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Antifa Leftists Riot in London Following Massive Election Loss…

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.
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Senator Kennedy asks President Trump to Declassify FISA Application…

The original requests to declassify the Carter Page FISA application came in January 2018 as a result of the Nunes memo.   A classified and heavily redacted version of the application was released July 21st, 2018.  A month later, in August 2018, Congress again requested the Trump administration to declassify the document(s).
In September 2018 DAG Rod Rosenstein told the President if he followed through with the request Special Counsel Mueller would consider that an obstruction of his investigation:

As a consequence of the Rosenstein threat President Trump reversed course (tweets above) and announced after Horowitz completed his investigation the FISA would be declassified and released.
The mid-term elections were held in November 2018; democrats took over the House.
In March 2019, after the Special Counsel finished his investigation, a now minority in congress again formally asked President Trump (3rd time) to declassify the FISA application.
On May 23rd, 2019, President Trump announced he was giving Attorney General Bill Barr the authority to declassify the FISA application, timed to support the IG investigation:
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Brilliantly Played – President Trump and USTR Lighthizer Present "Phase One" U.S-China Trade Deal…

It is exactly as we thought it would be.  There are multiple interests, nuances in details, a completely overlooked big picture, and the financial pundits are flummoxed.
CTH has followed the granular details over several years. In advance of a “phase one” announcement we noted a necessary paradigm shift needed to understand most of the dynamics at play [SEE HERE]. It is all going according to a very visible plan.  President Trump tweets:

China has agreed to a $40 billion agricultural purchase from the U.S.  In exchange for that purchase President Trump will be maintaining the full 25 percent tariffs on approximately $250 billion of Chinese imports and reducing to 7.5 percent the tariffs on approximately $120 billion of Chinese imports (round two).  [Those were 15% prior to reduction]
The net difference (dropping 15% to 7.5%) is around $9 billion in tariff relief.  Additionally, the U.S. is “suspending” the December 15th tariffs pending compliance verification with the non-tariff issues and China pledges.
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President Trump Press Availability Prior to Bilateral Meeting With President Abdo Benitez – Video and Transcript…

President Trump hosts a press availability prior to a bilateral meeting with President Abdo Benitez of Paraguay.  [Video and Transcript Below]


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[Transcript] – PRESIDENT TRUMP: Well, thank you very much. It’s great to have the President of Paraguay here. We’re doing a lot of work with Paraguay on terrorism, on drugs, on trade — a lot of different things. And we’ve had a great relationship. So, Mr. President, it’s an honor to have you. Thank you very much.
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President Trump Congratulates Boris Johnson on Great Win: "Now be free to strike a massive new Trade Deal after BREXIT"…

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.
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