Another Step in a Much Bigger Picture – FCC Formally Designates Hauwei and ZTE Technology as National Security Risks…

~ Why We Must Re-Elect President Trump ~

Today the Federal Communications Commission (FCC) formally designated Chinese’s Huawei Technologies Co and ZTE Corp as posing as posing national security threats to the United States. This designation and declaration blocks U.S. firms from tapping an $8.3 billion government fund to purchase equipment from either company.

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This is an important step toward eliminating Huawei 5G data risks within U.S. telecommunication networks.  Additionally, the designation will have the forward impact of restricting U.S. allies from linking networks if they use Huawei/ZTE components.

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Secretary Wilbur Ross Begins Revocation of Hong Kong Special Trade Status…

In a statement earlier today, Commerce Secretary Wilbur Ross has announced the U.S. is revoking the special trade status of Hong Kong in response to escalating encroachment by China in violation of the prior agreement for autonomy.

It is a challenging status to modify because the administration does not want to reduce the ability of Hong Kong to operate as an autonomous economic region.  However, at the same time Beijing is taking control of all systems within Hong Kong and as such policies must be adjusted.  It would be an exercise in futility to expect China to retreat.

WILBUR ROSS – “With the Chinese Communist Party’s imposition of new security measures on Hong Kong, the risk that sensitive U.S. technology will be diverted to the People’s Liberation Army or Ministry of State Security has increased, all while undermining the territory’s autonomy. Those are risks the U.S. refuses to accept and have resulted in the revocation of Hong Kong’s special status.”

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Sunday Talks: Senator Tom Cotton Discusses, China, Micro-Tech (Semiconductors), 2020 Election and Elizabeth Warren as Joe Biden’s Treasury Secretary…,

~ Tom Cotton Summarizes The Stakes of 2020 ~

What Senator Tom Cotton discusses in this interview is essentially what’s at stake in the 2020 election; and as an extension why radical leftists, democrats, media and Wall Street are united against their ‘America First’ enemy, Donald Trump.  There are trillions at stake.

The Chinese Communist Party influence over Wall Street and U.S. multinationals is very well known.  The CCP influence over Big Tech, and U.S. tech labs is starting to become more widely known; along with revelations about CCP influence inside major universities.

The Trump administration have direct policy positions to counteract each of these CCP influences; however, CCP financial beneficiaries from Hollywood to sports and pop-culture, to universities and ultimately U.S. politicians, do not want to lose affluence.

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Behind a great deal of the visible resist Trump movement (whether financial or ideological) is a CCP dragon wearing a panda mask and writing big checks to keep the resistance operations strong.

What better laundry operation could exist to benefit the CCP than Black Lives Matter? Beijing can ship funds to BLM in a myriad of ways, and that money is then transferred –via Act Blue– into the coffers of those political voices supporting Joe Biden’s campaign.

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John Bolton’s Dossier is Bananas – He’s Feeding Rabid Media Spider Monkeys…

Apparently excerpts from former National Security Advisor John Bolton’s dossier have been released to the media.  The Bolton dossier makes some of the most outlandish claims imaginable; and only the most incredibly silly media would ever believe them.  So yeah, that’s exactly what’s happening.

One example within the Bolton Dossier comes from John Bolton himself as he wrote an article in the Wall Street Journal.  Before citing the Bolton article it’s worth remembering CTH was following every detail of the Osaka G20 meeting closely. We took notes on every background and foreground contact and meeting, because the U.S-China Osaka meeting was at a very critical juncture.   [My favorite picture from Osaka, Japan]

Bolton puts this goofball framework to the Osaka, Japan, G20:

(Wall Street Journal) […] In their meeting in Osaka on June 29, Xi told Trump that the U.S.-China relationship was the most important in the world. He said that some (unnamed) American political figures were making erroneous judgments by calling for a new cold war with China.

Whether Xi meant to finger the Democrats or some of us sitting on the U.S. side of the table, I don’t know, but Trump immediately assumed that Xi meant the Democrats.

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USTR Robert Lighthizer Testimony Outlining The 2020 Trade Policy Agenda – 10:00am Livestream…

This hearing might be a little too wonky for some, but not too many other policy issues touch 100% of American lives.   U.S. Trade Representative Robert Lighthizer will be delivering testimony today outlining the 2020 trade policy agenda.

The testimony is before the House Ways and Means Committee, and will be livestreamed on the committee website [SEE HERE] and below at 10:00am ET from the Longworth House Office Building.  USTR Lighthizer is the sole witness.

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Lighthizer will also be testifying to the Senate Finance Committee at 3:00pm. [LINK]

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USTR Lighthizer Plans to Outline Renewed Demand for International Tariff Reciprocity…

U.S. Trade Representative Robert Lighthizer is testifying tomorrow at 10:00am to the House Ways and Means committee; later in the afternoon Ambassador Lighthizer will testify before the Senate Finance Committee.

The New York Times has received an advance copy of USTR Lighthizer’s opening statement, and the liberal publication is apoplectic the Trump administration plans to outline an even more aggressive stance toward the World Trade Organization (WTO).

According to the pearl-clutching Wall St. class, Lighthizer is going to inform congress of Trump/USTR plans to demand tariff reciprocity; and Lighthizer will indeed raise tariffs against any nation that continues to attempt one-sided benefit. [EU will go bananas]

One method to approach tariff inequality would be for the U.S. to lower the import value threshold for non-tariff exemptions. Currently the U.S. does not apply import duties to any product valued under $800. This is a great benefit to China, southeast Asia, and U.S. on-line retailers such as ebay and Amazon; however, the zero tariff threshold hurts U.S. manufacturers because China and other nations do not reciprocate.

It is anticipated that USTR Lighthizer will inform congress the U.S. will lower that import threshold to match the same value level applied by other nations. Obviously the U.S. Chamber of Commerce and the Wall Street multinationals will not like this approach.

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New Flu – China Identifies New Coronavirus at Xinfadi Food Market…

New coronavirus reports from Beijing are very sketchy. According to Chinese authorities they have identified a new strain of coronavirus at a massive wholesale food market in Beijing called the Xinfadi Market.  They are blaming “European Salmon”…

Beijing officials have reported 79 cases over the past four days, the biggest concentration of infections since February. The spate of new cases prompted officials in many parts of the city to swiftly bring back tough counter-epidemic measures, with at least three districts entering “war-time mode.”

Measures imposed included erecting round-the-clock security checkpoints, closing schools and sports venues, and reinstating temperature checks at malls, supermarkets and office buildings. CNBC REPORT:

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There have been several economic reports that China’s manufacturing economy is contracting. Considering a desperate dragon…. It would not be out of place to consider that Beijing would react to losing an economic war, or even economic position, by trying to unleash a globally mitigating virus intended to target their geopolitical adversaries [Hong Kong, Taiwan and the U.S.]

This zero-sum outlook is EXACTLY how the Chinese red dragon thinks!

We have been engaged in an undeclared economic war.  Perhaps it’s time we made an official and public declaration; and strategically, openly, aligned all U.S. interests toward economic combat.

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Sunday Talks: Secretary of State Mike Pompeo Discusses China, Hong Kong and a Shift In U.S. Policy…

Secretary of State Mike Pompeo appears on Fox News with Maria Bartiromo to discuss current events surrounding China and their aggression toward Hong Kong.

Within the discussion Secretary Pompeo outlines how the Trump administration is currently in the process of changing multiple levels of cabinet regulations (treasury, trade, state and commerce) and U.S. policy as it pertains to the new geopolitical threat presented by a new and more hostile Chinese Communist Party approach.

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Secretary Wilbur Ross Discusses SpaceX Launch and U.S. Response to Increased Chinese Hostility Toward Hong Kong…

Commerce Secretary Wilbur Ross contrasts the importance of the latest U.S. SpaceX launch in an era when China is increasingly expressing communist control over Hong Kong.  Within the interview Secretary Ross outlines the likelihood of an economic response toward Beijing to countermand aggressive geopolitical ambitions.

Shifting high-tech industrial manufacturing away from China, back to the United States, is an important component in the strategic U.S. economic approach.

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