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White House Announces Curious Dates for Next Face-to-Face U.S-China Trade Discussions…

Something slightly delayed next week’s schedule by a few days.  Quite possibly the issue with the “Sanctions”, discussed yesterday.  However, that said, the next two face-to-face discussions between USTR Lighthizer and Vice Premier Liu He have been scheduled.

Statement from the Press Secretary – At the direction of President Donald J. Trump, United States Trade Representative Robert Lighthizer and Secretary of the Treasury Steven Mnuchin will travel to Beijing, China, for principal-level meetings starting on March 28, 2019, to continue negotiations aimed at improving the trade relationship between the United States and China.

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President Trump and First Lady Melania Welcome Caribbean Leaders to Mar-a-Lago…

Earlier today President Donald J. Trump and First Lady Melania Trump welcomed the leaders of the Commonwealth of The Bahamas, the Dominican Republic, the Republic of Haiti, Jamaica, and Saint Lucia to their Mar-a-Lago home.  The intent of the meeting was to reaffirm the U.S. strong friendship with and commitment to these countries, and signal the importance of the Caribbean to the hemisphere.


[Transcript] – Mar-a-Lago – Palm Beach, Florida – 2:23 P.M. EDT
PRESIDENT TRUMP: Thank you very much. We’re honored to be with some terrific people that have been friends of mine — in many cases, friends of mine. They’ve done a wonderful job in their respective countries.
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President Trump Steps In To Stop Treasury Sanctions Against China During Trade Negotiations…

Yesterday the U.S. Treasury announced sanctions against two Chinese shipping firms for violating ongoing sanctions against North Korea [TREASURY HERE].
With USTR Robert Lighthizer and Secretary Mnuchin set to travel this weekend to Beijing for ongoing trade discussion, the sanction timing complicates the dance with the dragon. Subsequently President Trump sends the following tweet:

Slamming China with sanctions (over DPRK dragon activity) while Beijing is showing the Panda mask (during Beijing trade negotiations) is not wise. If the Panda mask drops during trade negotiations to reveal the Dragon face, then ok. However, the majority of the West, driven by a misunderstanding of the China-DPRK relationship, does not know how directly a manipulative Beijing controls Pyongyang.
Taking aggressive sanction action against China could backfire with Beijing ordering those around Chairman Kim to test a missile.
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Maria Bartiromo Interviews President Donald Trump…

Shortly before the president signed an executive order on affirming first amendment rights on college campuses yesterday, President Trump sat down for an extensive interview with Maria Bartiromo.
The interview covers a wide range of topics with a primary focus on the U.S. economy, ongoing trade discussions and issues that impact the U.S. workforce. One of the granular issues that surfaces is a subject we discuss frequently, the value of the ‘chicken tax‘; the 25% tariff on imported trucks and SUV’s.   WATCH:


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President Trump High Energy Remarks at Lima, Ohio, Army Tank Plant… (video)

Earlier this afternoon President Donald Trump delivered a speech in Lima, Ohio, at an Army tank plant.  The overall speech held a jobs and economic focus highlighting a strong U.S. economy that continues to expand.
Within the remarks President Trump mixed in a wide variety of current event topics including U.S. military success against ISIS; and the need for GM and the UAW to come to terms, then sell or re-lease the Lordstown, Ohio, auto plant.


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UPDATE Transcript Added – [Transcript] – 3:15 P.M. EDT – AUDIENCE: USA! USA! USA! (Applause.)
THE PRESIDENT: Well, you better love me; I kept this place open, that I can tell you. (Applause.) They said, “We’re closing it.” And I said, “No, we’re not.” And now you’re doing record business. The job you do is incredible. And I’m thrilled to be here in Ohio with the hardworking men and women of Lima. (Applause.)
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President Trump Notes "Strange" Candidate Platform: Lower voting age, eliminate electoral college, increase SCOTUS Justices…

In the past several days the 2020 Democrat candidates have been assembling a rather odd set of 2020 platform issues.  President Trump notes it all seems rather “strange”:

In addition to promoting infanticide; eliminating borders and Immigration Customs Enforcement (ICE) and banning guns; the Democrats have all signed on to The Green New Deal, which advocates for: raising taxes, paying people not to work, eliminating air travel, banning cows and rebuilding every structure in America to run on ‘sustainable energy’.
The platform is now expanding to: lowering the voting age to 16; eliminating the electoral college; placing term limits on federal judges; and adding more Justices to the Supreme Court to advance the aforementioned progressive values.
Presidential historian Doug Wead weighed-in with Trish Regan.
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"Hey Kevin, You Ever See Lighthizer Around?"…

LOL, an interesting albeit typically lighthearted discussion with CEA Chairman Kevin Hassett on the budget proposal and status of U.S.T.R trade talks with China.


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President Trump Rightly Tells General Motors and UAW to Get Their Act Together – Lordstown Ohio, Auto-Plant…

Calling attention to the brutally obvious is a key element to President Trump’s use of Twitter.  In this example President Trump (the business executive) highlights how GM is shutting an Ohio auto-plant at the same time multiple auto manufacturers are expanding operations in the U.S.

President Trump is 100% correct.  In just the past few months, specifically as an outcome of the USMCA, six auto companies have decided to massively expand U.S. operations and spend over $20 billion on auto-manufacturing investments in the U.S.
It makes no sense for an existing auto plant to sit idle.  Come to terms with the UAW; make a good deal that helps membership and incentivizes ownership; sell the facility to a new group expanding U.S. investment; retool, and get people back to work.   Consider:
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Sunday Talks: Senator Ron Johnson Discusses National Emergency Declaration at Southern Border…

Wisconsin Senator Ron Johnson (U-DC) was one of the Tea Party backed senators who came in during the 2010 election and later aligned with the UniParty Decepticon caucus funded by the Chamber of Commerce and Tom Donohue.
Senator Johnson wants to reform the National Emergencies Act to remove executive branch power and avoid the pesky problem when a President subverts the will of Wall Street and those who actually write legislation, The U.S. CoC and Business Roundtable.
On matters where the Multinationals, “world economy”, can benefit from MAGA policy, Johnson is a supporter of the President.  On matters where the Multinationals do not benefit from MAGA policy, Johnson is not a supporter of the President.


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MSM Noticing MAGAnomics Benefits Mostly Middle-Class, While BLS Job Openings Still Outpace Workforce…

While the MSM financial/wage reporting is two days apart from the BLS “JOLTS” release on job openings, the relationship is direct and connected.
CNBC is noticing the upward wage pressure is focused heavily on the middle-class workers and lower end of the labor market; another KPI (Key Performance Indicator) the economy is stronger than most financial pundits are admitting:

CNBC – The recent jump in paychecks has come with an unusual characteristic, as workers at the lower end of the pay scale are getting the greater benefit.
Average hourly earnings rose 3.4 percent in February from the same period a year ago, according to a Bureau of Labor Statistics report last week. That’s the biggest gain since April 2009 and seventh month in a row that compensation has been 3 percent or better.

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