President Trump has said he is close to a decision that would designate Mexican drug cartels as officially recognized terrorist networks by the United States.

Remember, within the geopolitical dynamic that benefits all three North American countries, Mexico needs to start taking clear and decisive actions toward all levels of internal corruption if the ultimate economic objective of the USMCA is going to work.

Mexican President Lopez-Obrador is concerned this designation could lead to U.S. military engagement against the cartels.  The Democrats are concerned this designation would mean they could no longer accept campaign donations from the drug cartels; and into this mix of interests, U.S. Attorney Bill Barr is going to Mexico.

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday that his government was committed to fighting organized crime, seeking to dispel fears that the United States could take matters in its own hands in the fight against drug cartels.
U.S. President Donald Trump said earlier this week that he plans to designate the Mexican cartels as terrorist groups, a move aimed at disrupting their finances by imposing sanctions.
While this does not directly give the United States authority for military operations in Mexico, many Mexicans are nervous their northern neighbor could use it as a pretext for a unilateral invention.

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The leaders of the twenty-nine NATO member nations are scheduled to meet next week in London, England.  Amid consistent pressure on the member states for increased defense spending to live up to their prior 2014 promises (Wales summit); and with NATO economies in a stalled geopolitical stasis due to their attachment to China (5G telecom), Russia (Nordstream II), and Iran; this summit holds increased possible ramifications.
This NATO summit could very well expose the duplicity and hypocrisy of the EU depending on how far U.S. President Donald Trump is willing to call them out.
There are going to be a lot of nervous snake handlers around the table(s), and with the U.K. elections in the near future there is a great deal at stake. The summit is Tuesday and Wednesday.  Here’s the White House background briefing:
[Transcript] – SENIOR ADMINISTRATION OFFICIAL: Good morning, ladies and gentlemen. I just want to thank everyone for being here today, Friday after Thanksgiving.
Just up front, this call is going to be on background, attribution to a senior administration official, and there will be an embargo on the contents of this call until it’s completed.
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During his short-lived media appearances former Overstock CEO Patrick Byrne claims he had spoken to the DOJ April 5th, 2019, and again April 30th, 2019. Mr. Byrne stated he told the DOJ all of the information he was aware of during those two interviews covering approximately seven hours of questioning from officials in the Department of Justice.

During interviews Mr. Byrne highlighted the May 13th DOJ appointment of John Durham to look into the origination of the Russia investigation events. Byrne surmised this was likely, at least in part, a direct result of his two DOJ sessions April 5th and 30th, 2019.
Ms. Maria Butina, a young Russian idealist, was caught up in the 2016 vast Russian conspiracy agenda and had strong connections to high powered Russian oligarchs.
Originally the purpose of Butina coming to the U.S. in 2015, as explained by Patrick Byrne, was for her to engage with influential Americans for political contacts that could provide geopolitical value to the oligarchs.
Former Overstock CEO Patrick Byrne was seen as important to Ms. Butina due to his connections to the emerging financial structures of crypto-currency and block-chain. Mr. Byrne is a libertarian who believes in small government, and is somewhat of a disruptor in the business world. Ms. Butina wanted to introduce Byrne to her friends in Russia.
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The act that President Trump signed today is a law that requires the U.S. to review all of the democracy issues within Hong Kong to assess whether any Chinese violations to Hong Kong autonomy are happening.  If so, the U.S. can take remedial steps to punish China.

The Hong Kong Human Rights and Democracy Act would require the State Department annually re-certify Hong Kong’s autonomous nature, in order for the so-called “special treatment” the U.S. affords Hong Kong to continue. (more)

Keep in mind a dual purpose to this latest move:  Hong Kong holds a special trade status with the U.S. and is exempt from tariffs placed on China.  Part of the punitive action President Trump could take against China involves tariffs against Hong Kong.

Today, I have signed into law S. 1838, the “Hong Kong Human Rights and Democracy Act of 2019” (the “Act”). The Act reaffirms and amends the United States-Hong Kong Policy Act of 1992, specifies United States policy towards Hong Kong, and directs assessment of the political developments in Hong Kong.
Certain provisions of the Act would interfere with the exercise of the President’s constitutional authority to state the foreign policy of the United States. My Administration will treat each of the provisions of the Act consistently with the President’s constitutional authorities with respect to foreign relations.
~  President Donald J Trump

Again, back to the big picture, is this an action that would indicate President Trump is actually looking for a U.S-China trade agreement?   Of course not.  So why now, what changed?…  The USMCA!   It’s all connected folks.

The New York Federal Reserve made a quiet admission two days ago that was missed by almost all financial media.  In the NY Fed economic blog they admitted everyone was wrong, President Trump’s 2017 tariffs against China did not lead to increased U.S. consumer prices [Read Here].  The Fed also said imports of the Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business U.S. purchasers have shifted to Japan and other Southeast Asian countries.

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Within this dynamic lays the real reason why Beijing cannot wait for a 2020 election hoping that Biden or Bloomberg can stop their bleeding.  Before going into more depth, this brief explainer from Charles Payne will help establish a framework.  WATCH:
What Payne outlines is correct; however, the internal Chinese ‘tariff-offset’ dynamic is actually even a little deeper.  Overlaying the NY Fed research we can see that Beijing has attempted to offset the Trump tariffs in four majority ways:
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More signs the U.S. economy is very strong show up today as several key economic indicators defy prior economist predictions.   Staring with a significant upward revision by the Bureau of Economic Analysis for the third quarter GDP growth from 1.9% to 2.1%:

The revision to GDP reflected upward revisions to inventory investment, business investment, and consumer spending.
The increase in consumer spending reflected increases in both goods (notably recreational goods and vehicles as well as food and beverages) and in services (led by housing and utilities as well as food services). (link)

Additionally, the commerce department released data showing U.S. core capital goods orders increased 1.2% in November, the largest gain since January; and more data on home sales shows a whopping 31.6% increase year-over-year. 
U.S. consumers and home buyers are benefiting from low inflation and significant blue collar wage gains that are an outcome of a growing economy and a very strong jobs market.  The most significant wage growth is in non-supervisory positions.   The economic strength is broad-based and the U.S. middle-class is confident.
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Something is shaping up in the political background around the USMCA.

Yesterday Mexican President Andres Manuel Lopez-Obrador (AMLO) sent a second letter to House Speaker Nancy Pelosi urging USMCA ratification.  Team Trump and Team AMLO are working together against Team Pelosi & AFL-CIO Richard Trumka.
Essentially AMLO has been saying the labor provisions within the USMCA trade pact are already being put in place by Mexico, and Pelosi should quit trying to hide behind labor concerns to avoid ratification.

Tomorrow, on the eve of Thanksgiving at the request of the Trump administration, U.S. Trade Representative Robert Lighthizer, Mexican Foreign Minister Jesus Seade and Canadian Deputy Minister Chrystia Freeland are holding a meeting to discuss the  AFL-CIO/Pelosi issues within the USMCA labor provisions.
FM Chrystia Freeland is irrelevant to the meeting; she’s a potted-plant rubber stamp for whatever scheme Pelosi is cooking. It is House Speaker Pelosi who is using her pressure over labor unions to hide behind AFL-CIO Richard Trumka and claim U.S. labor unions have issues with the USMCA labor provisions. It ain’t about labor; it is all political cover.
However, it is interesting that USTR Lighthizer, a man with the patience of Job, called Jesus Seade and Freeland to DC:

WASHINGTON – The three trade ministers from the United States, Canada and Mexico are set to meet in Washington on Wednesday to discuss the deal to replace NAFTA, seven people familiar with the plans told POLITICO.
The meeting involving U.S. Trade Representative Robert Lighthizer, Deputy Canadian Prime Minister Chrystia Freeland and Mexican Undersecretary for North America Jesús Seade comes as the Trump administration is nearing a compromise with House Democrats to make changes to the USMCA.

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President Trump travels to Sunrise, Florida today for a massive Keep America Great Rally at the BB&T Center.  A bit of Trump trivia: during the early 2016 GOP primaries the 2016 MAGA rally at the BB&T Center, home of the NHL Florida Panthers, was one of the largest rallies of the campaign.  The sold-out venue seats 20,000 and thousands more on floor.
The President is expected to deliver remarks at 7:00pm ET.
RSBN Livestream link – Donald J Trump Livestream Link – Fox10 Livestream Link

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Earlier today President Trump signed H.R. 724, the “Preventing Animal Cruelty and Torture (PACT) Act,” which makes it a Federal crime to engage in animal crushing. Quite remarkably this law is the first ever federal anti-cruelty statute to protect animals in U.S. history. [Video and Transcript Below]

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[Transcript] – THE PRESIDENT: Thank you very much. This is a very important signing, and we’ve had two now in a row that are very, very important and inspirational, I might add. Right? When you think of it.
Thank you all for being here today. I’m pleased to sign the Preventing Animal Cruelty and Torture Act into law. Animal cruelty. This is something that should’ve happened a long time ago and it didn’t. But the people behind me and others have been incredible, and I just want to congratulate you.
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I can’t stop laughing…. just too darned funny.  CTH has long outlined how President Trump has taken the decades-long panda-mask game/approach of Beijing and mirrored it right back upon them.  Today Chinese Coucillor Wang Yi, while delivering a strongly worded statement to G20 ministers, is positively verklempt in his open admission therein.
Our President Trump is the only person who could have delivered this wonderful outcome… well done.  Beijing is very angry about how a U.S. President is disrupting a new world economic order that China has so artfully manipulated for the past two decades.

It is simply beyond delicious.

(Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan.
Relations between the world’s two largest economies have nose-dived amid a bitter trade war – which they are trying to resolve – and arguments over human rights, Hong Kong and U.S. support for Chinese-claimed Taiwan.

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