Emmanuel from France arrived in Canada two days ahead of the G7 so he could connect with Justin from Canada and plan a unified strategy against U.S. President Trump’s economic position. Not kidding, they really did. Like a plan. Serious. No Joke.

Individually they feel insecure, so Justin and Emmanuel formulated a plan to create an economic G6 unity effort to defend against Godzilla Trump. [Who remained in DC holding meetings with Shinzo Abe to talk about C-VID and North Korea] Yes, while Justin and Emmanuel were discussing how to throw whines and cheese at Trump, President Trump was planning how to defend the world from nuclear proliferation.

Then something funny happened. After deep talks about C-VID were settled, Godzilla Trump looked up and saw the two giggling kids trying to tie the string from the perched water bucket to the door handle.

President Trump always looks for the opportunity to emphasize the looming caricature people create of him.  It serves his interests; and he enjoys playing cat and mouse with his opposition.  So Looming Trump stealthily walks up behind the kids right before dropping the bowling ball on the floor. BOOM:

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There are visible economic indicators today that positive U.S. MAGAnomic results are overwhelming the voices of purchased political leaders trying to sell a narrative of doom around President Trump’s tariff proposals and reciprocal trade reset. A key point is the U.S. stock market growth amid tariff, trade and NAFTA withdrawal discussion. As CTH has discussed the eventual trade outcomes appear baked into the latest market analysis.

Bolstered by election results showing increased momentum for team MAGA, and decreased likelihood for a Democrat wave, the overall economic news -and factual corporate bottom line results- are flooding the zone with optimism. Amid the strong foundation for U.S. investment and economic growth, the reciprocal trade strategy is no longer heavily feared. Simply put, the ‘America First’ policies are working.

Not only are Trump’s economic policies working (jobs, wages, investment growth), but they are gaining massive momentum as analysts begin to quantify the possibilities of expanded economic growth well beyond the -formerly outrageous- 3% GDP target. The ceiling is being raised faster than the winnamins can be digested.

Amid this U.S. MAGAnomic environment, threats of counter-tariffs by Mexico, Canada and the EU are as useless as feathers in a hurricane:

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National Economic Council Chairman Larry Kudlow conducts a press conference to discuss the upcoming G7 summit in Canada; the pending North Korea Summit; and the current U.S. trade initiatives.

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FBI Director of Counterintelligence E.W. “Bill” Priestap has been delivering testimony to a joint congressional committee for more than seven hours.

This is Bill Priestap’s first testimony to congress.  Previously all of Priestap’s statements have been made to FBI and INSD (Inspection Division) investigators.  This is also likely the first time many congressional members will have heard of the scale and scope of the abuse by the DOJ-NSD and FBI.

The joint House Judiciary and Oversight Committee has been hearing testimony from Bill Priestap all day. A tweet from Chad Pergram notes: “Colleague Catherine Herridge rpts a mbrs familiar w/Hse closed-door i-view w/FBI espionage chief Bill Priestap has been cooperative. But says FBI Agent Strzok played an more central role than previously known in Clinton email/Russia investigations beyond Strzok/Page text messages.”

It appears there will be confirmation of prior research.  There was always a strong suspicion FBI Agent Peter Strzok was working around his boss Bill Priestap and reporting directly to Deputy FBI Director Andrew McCabe and to a lesser extent FBI chief legal counsel James Baker.  Activity in both the Clinton email and Russia investigations that was outside normal chain-of-command structure.

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There are Trillions At Stake.   There is no upper limit to what congress is willing to do to stop President Trump from turning off the lobbyist funding.  Without influence in DC there can be no affluence in DC.  That’s why McConnell cancelled the recess.

If the president continues to remain focused exclusively on what is in the U.S. best interests, he must be stopped.  Politicians in DC cannot just sit-by and allow the U.S. economy to be based on the interests of Americans; it would mean the destruction of years of central planning by DC Lobbyists, multinational banks, Wall Street and multinational corporations.

WASHINGTON DC – Senate Majority Leader Mitch McConnell (R-Ky.) said Tuesday that he will not bring up a freestanding bill to push back on President Trump’s trade agenda, but that GOP senators might be able to add it as an amendment to other legislation.

Support among Republicans has grown for legislation backed by Sens. Bob Corker (R-Tenn.) and Pat Toomey (R-Pa.) that would give Congress power to authorize or reject any new tariffs imposed because of national security concerns.

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On the same day Vice-Chairman Kim Yong Chol arrives back in Beijing en route to North Korea from a meeting with President Trump, Yonhap News is reporting that the top three officials in the North Korean military have been replaced:

SEOUL/TOKYO, June 3 (Yonhap) — All of North Korea’s three top military officials are believed to have been replaced, an intelligence source said Sunday, in a move that could be aimed at taming the military ahead of a denuclearization deal with the U.S.

No Kwang-chol, first vice minister of the Ministry of People’s Armed Forces, replaced Pak Yong-sik as defense chief, while Ri Myong-su, chief of the KPA’s general staff, was replaced by his deputy, Ri Yong-gil, according to the source.

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The essential argument made by Prime Minister Justin Trudeau during this interview was already addressed in the preview segment prior to broadcast – SEE HERE –  However, here is the full interview as broadcast on NBC Meet The Press with Chuck Todd.

The interview is a typical narrative engineering attempt by Chuck Toad; however, beyond the narrative, for those who pay close attention to the economic issues, there are some key elements which deserve attention:

• @04:05 Trudeau admits the problem with corporate transshipment of Chinese Steel into the U.S. market – through Canada via the NAFTA loophole.  While Justin from Canada frames the issue from their own national efforts to stop the practice, you’ll note how he avoids taking ownership…. it’s called ‘willful blindness‘.
• More importantly at @08:17 the topic of NAFTA surfaces. Pay close attention.  Not only does Trudeau speak in past tense (reinforcing the reality that all parties have accepted that NAFTA is essentially dead), but moments later @09:00 he admits the Canadian trade and manufacturing economy is set up as a brokerage (ie. multinational corporate investment) dependent, exclusively dependent, on access to the U.S. market.

WATCH:

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Once you see the strings on the marionettes, you can never go back to a time when you didn’t notice them.

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White House Director of Trade Policy Peter Navarro appears on Fox News with Maria Bartiromo to discuss U.S. trade policy, steel and aluminum tariffs.

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Canadian Prime Minister Justin Trudeau and Foreign Minister Chrystia Freeland begin a U.S. media grievance tour to frame a narrative around the recent Steel and Aluminum tariffs.

The Canadian duo intentionally conflate a U.S. objective to secure the Steel and Aluminum industrial base into a narrative that the U.S. is targeting Canada as a security threat.  Despite this shamefully obtuse argument the majority of Canadians and the vast majority of Americans can see right through this nonsense.  Trudeau and Freeland should be ashamed (but they won’t be), watch:

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Canada and Mexico have both structured their international trade deals around their ability to provide access to the coveted $20 trillion U.S. market. Rather than fix the fatal flaw in NAFTA, which would cost them billions, both nations have doubled down with demands that their dependency model be allowed to continue. They are both about to discover the catastrophic consequences to that decision. Their economic losses will now be exponentially larger as an outcome of their entrenched ideology.

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Interesting delegation to accompany Secretary Ross: treasury, agriculture and energy. Small delegation, short trip, sounds like contract discussions.

From Camp David –  Today, President Donald J. Trump announced the members of an official delegation from the United States to China to discuss rebalancing the bilateral economic relationship between the United States and China.

These meetings will take place from June 2 through June 3, and are a continuation of the talks held in Beijing one month ago and in Washington two weeks ago.

Secretary of Commerce Wilbur Ross will lead the discussions, accompanied by United States Ambassador to China Terry Branstad, Under Secretary of Treasury for International Affairs David Malpass, Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs Ted McKinney, and United States Trade Representative Chief Agricultural Negotiator Ambassador Gregg Doud.

Additional officials and technical experts from the Department of Commerce, Department of Treasury, United States Trade Representative, Department of Agriculture, and Department of Energy will also participate in the talks.  (link)