President Trump sets the 2018 Mid-Term priority. Excellent. “I don’t care what the political ramifications are.” … “Border Security is National Security, and National Security is the long-term viability of our Country.” Yes, indeed, yes it is.
Several days ago I noticed a well-connected Canadian business analyst, Manny Montenegrino, had a considerable assembly of facts, examples, data-points and details to support his proposition that Canadian Prime Minister Justin Trudeau was intentionally collapsing his own economy.
After going through the evidence, weighing it against our own research, and looking closely at the political network of like-minded followers associating with PM Trudeau (mostly avowed Marxists), Montenegrino’s theory appears very solid:
Many people supported candidate Trump for his fierce economic policy independence and willingness to call out the political Decepticons. You can put CTH support near the top of that list. At the financial heart of the UniParty in Washington DC is President of the U.S. Chamber of Commerce, Tom Donohue, and his like-minded billionaire funders the Koch Brothers.
The U.S. CoC and Koch Brothers have a collective financial and political agenda that is antithetical to the U.S. Middle Class. They support open borders; lax immigration enforcement; common core educational standards; and healthcare programs that enhance their business portfolio. The GOPe wing of the UniParty is their influence-playground.
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Apparently our CTH suspicions were correct; this is interesting. Canadian Foreign Minister Chrystia Freeland is scheduled to leave Canada on Tuesday for a meeting of ASEAN foreign ministers in Singapore…. Meanwhile U.S. Trade Representative Robert Lighthizer and a high-level Mexican team -consisting of both incoming AMLO and exiting Nieto delegations- will be meeting again to determine the details of a bilateral trade deal.
Mexican Economy Minister Ildefonso Guajardo is from the outgoing Pena Nieto administration and was part of the crew supporting the Canadian position; ie. the plan to continue exploiting the NAFTA loophole. However, Mexican president-elect Andres Manuel Lopez Obrador (AMLO) has selected Jesus Seade as his lead person for trade negotiations and appears more willing to engage in a bilateral trade deal with the U.S.
AMLO’s Jesus Seade, Minister Ildefonso Guajardo and Ambassador Robert Lighthizer are meeting again this Thursday to put the outline of a deal together; while Canada is sidelined from the discussion.
Flavio Volpe, president of the Automotive Parts Manufacturers’ Association in Canada, said: “I wouldn’t be surprised if the Americans and the Mexicans came to some resolution on that piece (autos) and then the Americans flip it back to Canada and say ‘Take it or leave it’.” That is exactly what CTH anticipated was going to happen.
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President Trump delivers remarks at the swearing in ceremony for recently confirmed Veteran Affairs Secretary Robert Wilke. Prior to taking the official Oath of Office, both the president and the incoming secretary delivered words of great consequence. WATCH:
U.S. President Donald Trump and Italian Prime Minister Giuseppe Conte will be holding a joint press conference immediately following their bilateral meeting at the White House. Anticipated start time 2:00pm EST:
UPDATE: Video Added
Maria Bartiromo has an exclusive interview with Vice President Mike Pence to discuss the state of the economy and the ongoing administration policies therein. VP Pence discusses the ongoing trade negotiations and the possibility of an agreement in principle between the U.S. and Mexico; a specific assignment for U.S.T.R. Robert Lighthizer.
Interestingly Reuters uses the narrative from an anonymous Canadian “official” to frame an article about how global car manufacturers are coming together next week in Geneva to coordinate their strategy against the United States and President Trump.
Just let that part sink in for a moment…
Behind that context we can clearly see: 1) the economic importance of the Auto industry to the countries that are assembling; 2) their multinational corporate interest in retaining unlimited access to the U.S. market; and 3) the absolute need of all assembling corporations to find a way to keep their investments in NAFTA’s fatal flaw viable.
Who is gathering? Canada, Mexico, the EU (ie. Germany), Japan and South Korea.
Where are they going? To visit Geneva, Switzerland. Why Geneva? Because that way China can attend (see Volvo/Sweden) without being on the official roster. ::nudge, nudge:: ::wink, wink:: ::say-no-more Panda boy, say-no-more:: Additionally, Cecelia Malmström (EU Trade Minister), is the person Canada is relying upon to cover their anti-Trump position:
MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald Trump to impose tariffs on U.S. imports of autos and car parts, officials familiar with the talks said.
The head of the White House Council of Economic Advisers, Kevin Hassett shares his perspective on the 4.1 percent GDP growth, and the ongoing MAGAnomic America-First initiatives. Hassett rightly points out that finished good domestic inventories dropped as an outcome of consumer purchasing outpacing manufacturing. As more manufacturing comes on-line, the production capacity expansion leads to more GDP growth.
Remember, one of the unique attributes of the U.S. economy, thanks to the foresight of industrial titans who built it, is our internal consumption. We are not only the worlds’ largest economy, we are the biggest self-sustaining economy in the history of the world; a massively consequential strategic advantage. Our leverage comes from nations needing access to our market; the U.S. does not necessarily need access to theirs. Therefore POTUS Trump can dictate the terms.
Last week President Trump went to Granite City, Illinois, to celebrate the re-opening of a U.S. Steelworks manufacturing facility.
If you ever had any question about how important President Trump’s Main Street economic and manufacturing policies are to U.S. workers, well, just watch this interview with a formerly laid-off Granite City steelworker. [Dusty Keyboard Alert]:
That’s the heartbeat of America right there!
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