White House manufacturing policy advisor Peter Navarro discusses the lack of action from Speaker Pelosi on ratification of the USMCA.
As CTH has outlined since the July 2019 alliance meeting between Pelosi and Canadian Prime Minister Justin Trudeau, the strongest likelihood is the House will table the ratification vote until after the 2020 election. It is a strategic political decision.
The back-story here is likely worse than the obvious. In a tweet today Senate Majority Leader Mitch McConnell announces his resolution warning President Trump not to remove troops from Syria or Afghanistan. [Not coincidentally the two countries visited by Speaker Pelosi and Adam Schiff last weekend.]
Of course the obvious, albeit unwritten “or else” part, is Senator McConnell threatening to join with with Senator Lindsey Graham and support President Trump’s impeachment.
We cannot say we were not warned [ SEE HERE ] it was obvious immediately after the Democrats won the House in 2018 that McConnell was breathing a sigh of relief. [Also reminder, the SSCI doesn’t run an operation against the President and the Leader of the Senate not know about it…. just sayin’.]
Earlier today President Trump held a cabinet meeting and permitted the U.S. media to stay in attendance for the first hour. No U.S. President has ever allowed this level of transparency in government. After brief statements, the president took multiple questions from the assembled press pool. [Video and Transcript Below]
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[Transcript] – THE PRESIDENT: Okay. Thank you very much. We have a Cabinet meeting. We’ll have a few questions after grace. And, if you would, Ben, please do the honors.
SECRETARY CARSON: Our kind Father in Heaven, we’re so thankful for the many blessings that you have bestowed upon us in this country. And we’re thankful for the people of courage who have been here before us, who have fought hard for the rights of our country.
Leftists love to trot out Christine Lagarde as the pontificating elite to defend their multinational interests. Recently the former IMF leader was elected to take control of the European Central Bank. As a direct result, Ms. Lagarde is now taking an adverse position toward a strong U.S. economy and decrying the ‘America-First’ policies of President Trump that have removed the tentacles of global financial control.
If you follow trade, finance and the interests of the multinationals, this is actually quite funny. In this first brief interview segment Ms. Lagarde, has the elitist audacity to warn President Trump that lowering U.S. interest rates defeats the agenda of the EU. She doesn’t put it in those terms, but watch and we’ll explain:
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Notice how Lagarde magnanimously claims that lowering interest rates when the U.S. economy is strong, and the U.S. unemployment rate is at historic lows, could lead to rising prices inside the U.S. Too damned funny; how very kind of the EU to be worried about U.S. consumers… (pro tip: they ain’t).
What she’s really worried about is the dynamic that President Trump has created that is crushing the globalists. Let’s expand. (more…)
Speaker Nancy Pelosi has a plan, at least the collective ideology behind her has a plan. Her recent trip to Jordan and Afghanistan are part of that plan; everything is essentially connected. Pelosi will do whatever is needed to hamper the U.S. economy in an effort to weaken President Trump’s relection bid. Blocking the USMCA is part of that aspect.
The visit to Jordan and Afghanistan was purposeful ground work in preparing to seed the narrative that President Trump’s withdrawal from mid-east conflict is evidence of dangerous foreign policy. Again, just like the USMCA stall, the larger goal is to weaken the President in advance of 2020. Everything is connected.
National Economic Council Director Larry Kudlow appears to be realizing the Democrat’s hatred for ‘America-First’, which weakens their personal financial position, is their driving ideology.
Commerce Secretary Wilbur Ross discusses the negotiations with China and the possibility of agreement on ‘Phase-1’ aspects prior to December. Secretary Ross is not necessarily optimistic the agreement will be made based on Beijing’s outlook toward the enforcement mechanisms and forced compliance. Ross also discusses Brexit from the position of mutual benefit.
On the subject of USMCA Secretary Ross outlines the only reason for Democrats to hold back ratification is Pelosi’s politics. [Only 20 legislative days left in 2019] Mr. Ross discusses the options if Pelosi refuses to take up ratification. On this subject the commerce secretary does not sound optimistic.
Trying to find the details within the U.K-EU Brexit deal is more difficult than finding evidence of a Yeti. The negotiating team secrecy is inherent to the way the elites within the European systems work. Essentially the “betters” rule the proles by hiding the details and relying upon the electorate to “trust” the outlined framework of their elected superiors.
Hiding details is a feature within the European system and the way the government looks at their role.
That said, tomorrow British members of parliament will begin debating the deal for the UK to exit the EU. The deal was modified by Boris Johnson. A backgrounder:
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Farage is concerned, rightly, about how the framework of the EU customs union is constructed to influence the UK after Brexit. From what can be determined there’s a triggering mechanism where the UK and EU begin a lengthy process to construct a UK trade agreement with the EU after Brexit takes place.
Within that post-Brexit automatic trade-framework is where the European Union is seeking to retain their influence over the United Kingdom. However, it is not accurate to overlay EU influence too heavily, and here’s why…. (more…)
Office for Trade and Manufacturing Policy’s Peter Navarro discusses the China trade negotiations, the UAW General Motors strike, U.S. tariffs in European goods, and USMCA.
On the U.S-China ‘Phase-1’ construct the key issue is going to be the enforcement mechanism to ensure any agreement has strength. On U.S. placing tariffs on the EU due to the Airbus ruling Navarro reminds everyone the WTO ruling does not permit the EU to place tariffs on U.S. productions. On USMCA everyone avoids telling the truth; that is Nancy Pelosi is waiting to see what happens in the Canadian election in three days. If Trudeau wins re-election, the USMCA will likely be scrapped (tabled) by Pelosi.
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{*Note*We are holding-back on BREXIT-EU deal outlines until we complete reading the majority of the 2,000+ pages of UK-EU legal agreement construct.} (more…)
Energy Secretary Rick Perry appears on Fox News to discuss his departure as Secretary of Energy from the administration.
Additionally, Secretary Perry shoots down the talking points about Ukraine outlining how the administration was working throughout 2017, 2018 and 2019 to ensure corruption was addressed in order to advance the U.S. and Ukraine relationship.
Great job by Senator Rand Paul. Senate Minority Leader Chuck Schumer attempted to bring the anti-Trump House resolution to the floor. However, because the procedure for a single senator to bring vote to the Senate Chamber requires unanimous consent, the maneuver can also be blocked by a single senator. Today, Rand Paul stood up and would not allow Chuck Schumer to advance a Senate vote on the House resolution condemning Trump.
(Washington DC) […] Senate Minority Leader Charles Schumer (D-N.Y.) tried to get consent Thursday to bring up the resolution, arguing that “we’re in real trouble.”
“The most important thing we can do right now is send President Trump a message that Congress, the vast majority of Democrats and Republicans, demand he reverse course,” Schumer said.
The resolution passed the House on Wednesday by a wide margin in 354-60 vote. All 60 votes against the resolution came from Republicans.
(more…)
