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Mexico To Award Nation's Highest Honor To Jared Kusher for Efforts Around USMCA Trade Negotiations…

A small but interesting development in the relationship between the U.S. and Mexico highlights a backstory CTH suspected several months ago {Go Deep}. August 25th:

As USTR Robert Lighthizer was working with the trade officials representing outgoing Mexican President Peña Nieto, White House adviser/emissary Jared Kushner was quietly working behind the scenes with AMLO trade adviser Jesus Seade and outlining the possibilities if they partnered with strategic economic objectives in mind.
As a result of Kusher’s dogged efforts to bring an entirely new dual-nationalist ‘focus’ within the trade construct, removing the historic globalist baseline, the outcome of the trade deal is excellent for both the U.S. and Mexico.  So today:

MEXICO – […] Kushner will receive the prize “for his contributions to achieve the negotiation of the new United States-Mexico-Canada Agreement (USMCA),” according to a statement by Mexico’s Foreign Relations Secretariat.
Peña Nieto will present Kushner, President Trump’s son-in-law, with the award on Thursday at the Group of 20 summit in Argentina, according to the Reforma newspaper.

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Sanders, Bolton, Kudlow: White House Press Briefing…

Press Secretary Sarah Sanders, National Security adviser John Bolton and National Economic Council Chairman Larry Kudlow hold a very important press briefing from the White House.
Chairman Kudlow discusses current economic issues, and the upcoming possible trade discussions with China at the G20 meeting in Buenos Aries, Argentina. At 19:00 minutes NSA John Bolton takes over to discuss the scheduling details of the G20.  [Interesting trilateral mentioned: Trump, Modi and Abe] At 30:00 minutes Sarah Sanders takes over.


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DHS Secretary Issues Statement, Correcting False Media Accounts at Southern U.S. Border…

Secretary Kirstjen Nielsen provided the following statement regarding the recent crisis on our southern border.

“Given the activities of the last 24 hours at the San Ysidro Port of Entry, I want to provide an update on what occurred and attempt to dispel many of the rumors and much of the misinformation circulating.
“First, the violence we saw at the border was entirely predictable. This caravan, unlike previous caravans, had already entered #Mexico violently and attacked border police in two other countries. I refuse to believe that anyone honestly maintains that attacking law enforcement with rocks and projectiles is acceptable. It is shocking that I have to explain this, but officers can be seriously or fatally injured in such attacks. Self-defense isn’t debatable for most law-abiding Americans.
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Market Shifts – Major North American GM Workforce Reduction Announced Due to Declining Sales of Sedan Vehicles…

GM Chevy Cruze, built at Lordstown, OH: (Sales -27% through September 2018). GM Chevy Impala, built at Oshawa, Canada and Hamtramck Michigan: (sales -13%). GM Buick LaCrosse (-14%); and Cadillac CT6 (sales -11%) both built at Hamtramck Michigan.
Following major drops in the sedan sector of the U.S. automotive market, General Motors CEO Mary Barra announced plans to halt production next year at three assembly plants: Lordstown, Ohio; Hamtramck, Michigan; and Oshawa, Ontario. GM will fully stop production on several models assembled at those plants: Chevrolet Cruze, Cadillac CT6 and the Buick LaCrosse.
These cuts could lead to approximately 6,000 to 8,000 lost jobs.

DETROIT/WASHINGTON (Reuters) – General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.

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BREAKING Report: GM Closing All Operations in Oshawa Canada….

Canadian media are reporting that General Motors plans to shut down operation in Oshawa, Canada.   This is quite possibly an outcome that portends the sign of things to come…


CANADA – Numerous sources have told CTV Toronto that General Motors is planning to close all operations in Oshawa, Ont., affecting thousands of high-paying jobs.
The announcement is expected to be made on Monday, in the city of about 159,000 people located roughly 60 kilometres east of Toronto.  Sources said they believe the Oshawa closures are part of a global restructuring. (read more)

GM holds considerable risk exposure within the current state of international trade and economics as it relates to the auto industry.  As a result of the ongoing U.S-China trade confrontation, GM holds risk as a result of heavy investment in China.  Add to that exposure the very significant financial impacts about to start for heavy manufacturing operations inside countries aligned with the Paris Climate Treaty, and the risk increases.
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Report: Possible U.S-Mexico Agreement To Keep Asylum Seekers In Mexico…

The Washington Times is reporting on a possible agreement between U.S. and Mexico officials to keep all Central American asylum seekers outside the U.S. during the process to evaluate their asylum claims.
The important backdrop here is the new Mexican President, Andrés Manuel López Obrador (AMLO), taking office on December 1st.  If the reporting is correct, there may be an agreement in the works between President Trump’s administration and AMLO’s team.
Reading between the lines, the mutually beneficial structure of such an agreement is likely based within prior economic (trade) discussions. [CTH sees Jared Kushner’s diplomatic fingerprints at work]  Friends with benefits….

(Via Washington Times) Immigrants seeking asylum in the United States by entering through Mexico could be required to wait south of the border while U.S. courts assess their cases, a member of the incoming Mexican government said in an interview published Saturday.
Andrés Manuel López Obrador, Mexico’s president-elect, plans to implement a policy known as “Remain in Mexico” after taking office next month, his top domestic policy official told The Washington Post.

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U.S. -vs- China Tariff Impact Report: Chinese Producers Pay for Most of Tariff, U.S Consumers See Minimal Impact…

In June 2018 President Trump instructed U.S. Trade Representative Robert Lighthizer to initiate a 10% tariff on $200 billion of Chinese goods (Round #1).  After two months of China refusing to negotiate renewed trade deals in good faith President Trump instructed Lighthizer to increase the tariff rate to 25% in August (Round #2).  There is a third tranche of tariffs scheduled for January 1st, 2019.

With a full quarter of trade data to analyze the impacts, the results are now measurable.  A multinational group studying the outcome (full pdf below), identified that approximately 4.5% of the tariff is being carried by American consumers.  The overwhelming cost of the tariff is being paid (20.5% absorbed) by Chinese producers.

(Via Bloomberg) President Donald Trump is succeeding in making China pay most of the cost of his trade war.
That’s the conclusion of a new paper from EconPol Europe, a network of researchers in the European Union. U.S. companies and consumers will only pay 4.5 percent more after the nation imposed 25 percent tariffs on $250 billion of Chinese goods, and the other 20.5 percent toll will fall on Chinese producers, according to authors Benedikt Zoller-Rydzek and Gabriel Felbermayr.

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USTR Robert Lighthizer Updates Section 301 Investigation on Chinese Trade Practices…

The most consequential long-term challenge being confronted by President Trump surrounds the influence of communist China, and their state-controlled economic conquest strategy.
To quantify the scale of the issues, in 2017 President Trump commissioned a Section 301 review by the United States Trade Representative Robert Lighthizer.  In March 2018, Lighthizer delivered his report.  That initial report became the baseline for the tariffs levied against Beijing.  Yesterday, Lighthizer released an update of that ongoing review.  The report is below:
[scribd id=393902698 key=key-kjNtouzB6djFEcPBapQB mode=scroll]
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Remember, the Chinese red dragon has a tendency to say one necessary thing publicly, while manipulating another necessary thing privately. Cunning is part of ‘The Art of War’.
President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.
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U.K. Media: British Intelligence Heads Worried President Trump Will Discover Their Involvement in "Spygate"….

An article published originally in the U.K. Telegraph, and republished via Yahoo News outlines growing fear within the U.K. government and British intelligence officers surrounding President Trump discovering how far they were involved within “Spygate”.
The facts are not uncommon to anyone who has done research into the events of 2015 and 2016; however, the interesting aspect surrounds the current level of anxiety which indicates something is soon to become very public.
The central concern of the British officials surrounds President Trump declassifying evidence that will outline a coordinated effort by a weaponized U.S. intelligence apparatus to use their foreign counterparts for two aspects:  (1) to spy on the Trump campaign in 2016; and (2) to help carryout an entrapment scheme that would become the baseline for the FBI’s counterintelligence operation which evolved into Mueller’s Russian election interference investigation (aka. the “insurance policy”).
According to the Telegraph outline the current U.K. Prime Minister is intentionally being kept out of the communication loop because British intelligence are fearful President Trump might ask about her knowledge.  Keeping Theresa May blind to the U.K operations against Trump provides plausible deniability if questioned.  Additionally, all British embassy staff in the U.S. have been told to say absolutely nothing if questioned.
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President Trump Impromptu Presser Departing White House…

President Trump delivered remarks to the media pool and answered questions as he and First Lady Melania departed the White House for Thanksgiving in Mar-a-Lago, FL.


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