White House Director of Trade and Manufacturing Policy Peter Navarro appears on Fox News to discuss the current status of the U.S-China trade discussions and the USMCA.
Ms. Bartiromo points out how U.S. multinationals are holding back further investment in Asia due to ongoing President Trump tariffs.  Mr. Navarro points out there is no uncertainty if U.S. companies would invest in Main Street USA.
However, the Wall Street multinationals do not want to give up on their Asian investments and bring U.S. manufacturing jobs back to North America.  Hence the conflict between Wall Street/The Big Club and Main Street/President Trump.

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As Navarro noted, the narrative about October talks between the U.S. and China are driven by the collaborative financial interests of Beijing and Wall Street multinationals in an effort to create the image of something that doesn’t exist.  Prepare accordingly.
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Wow. This secret meeting is surprising on many levels….

Big Picture:  President Trump wants to get out of Afghanistan.  Pakistan is on the supportive side of the Taliban terrorists. India is on the supportive side of the Afghanistan government. China is the biggest financial supporter of Pakistan government. India is big  financial supporter of the Afghanistan government.
U.S. President Trump has told Pakistan he expects them to bring the Taliban to the table of negotiation with the Afghanistan government.  To stimulate this outcome the U.S. has withdrawn financial support for Pakistan, pending progress. However, Pakistan replaced U.S. support with larger financial investment by China.
So in the background the Taliban terrorists are hiding behind the skirt of China; while the U.S. and India try to drag the Taliban out of that safe place.  It’s a mess; but now we know the motives behind why this was happening…
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The Gordian Knot of Brexit is based on a Parliamentary ruling class within the U.K. government who will not accept Great Britain leaving the European Union.
The elitist Members of Parliament (MP) have passed a law requiring Prime Minister Boris Johnson to forever stay in the EU until an agreement for terms of exit are reached.  However, the EU doesn’t want the U.K. to exit; so the consequence of the MP law is to ‘remain’ in the EU forever.  This elitist scheme has created the knot; and the majority of the British people -those who voted to ‘leave’- are insufferably bound within it.

In one approach to cutting the knot Prime Minister Boris Johnson has requested a national vote for government leadership on October 15th.  With a scheduled round of talks with the EU set for October 17th, a Boris Johnson election victory would create the needed momentum toward a hard-brexit (no deal) on October 31st.  Britain would, finally, be free.
However, the MP ruling class, those who say they know better than the people they are supposed to serve, know such a popular vote would upend their schemes – and likely lead to many of their alliance being removed from office.  So the elites will not support a national election that would lead to their own defeat. [More knot building].
A second knot-cutting tactic implied by the Prime Minister, is to ignore the insufferable law –recently passed and pending signature– and proceed toward a ‘no-deal’ Brexit on October 31st.
This approach could lead to the British Parliament being forced to vote against the Prime Minister (no confidence); and would set up a replacement election, which Boris Johnson wants anyway.  Actually, no-one is quite sure what will happen on this second knot-cutting avenue… no map available.
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As if, on cue:

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White House Economic Council Chairman Larry Kudlow discusses the August jobs report and the latest on China trade negotiations. Main Street USA is thriving, and the U.S. economy is very strong.

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This is another one of the rare interviews where an American CEO calls out the specifics of how Wall Street greed created the China problem that pummeled Main Street.
Cambria CEO Marty Davis discusses the root of the trade issues with China and President Trump’s efforts to address the problem.  He accurately calls attention to the origin of the issue; and then brilliantly explains the current consequences of decisions made by an alignment of Wall Street interests and powerful U.S. politicians.
CTH readers will notice a significant amount of similarity in the words and phrases Mr. Davis uses to describe the issues. This guy gets it.
This is well worth nine minutes of your time.  Mr. Davis really gets it, and is not afraid to call the baby ugly. His criticisms are so spot-on accurate they made Maria Bartiromo uncomfortable in broadcast. These things are usually not said.  Must Watch:

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Boy howdy if ever there was an article that showed the layers and ramifications of President Trump’s global trade reset, this is a good one.   The multinational media do not want American voters to understand the dynamic, because if we did people would catch-on to how the global economy was structured upon removal of U.S. wealth…

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Reuters is reporting on a significant drop in German industrial orders, and they specifically point to diminished orders from the U.K (small part) and China (big part) as the cause.  However, the analysis stops at the part where China’s lack of industrial orders is the leading contribution to retraction in the German export sector.
What the financial analysis does not approach (ie. the third rail of multinational corporate admission that must never be outlined), is the reason why Chinese orders for German industrial goods have dropped.
The problem for China, and ultimately for Germany, is that Trump’s trade reset has stopped a big amount of U.S. wealth from arriving in Beijing. Simultaneously, Beijing is countering Trump’s tariffs by devaluing their currency.  The rebound economic impact is doubled. China has: (1) less income; and (2) less value within their own currency.
Where does this dynamic show up?…. Anytime China is going to buy something.
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CTH readers are well versed in the dynamics of the Panda mask -vs- Dragon motives of China.  Therefore we are able to discuss events without the MSM financial filter; which is narrated specifically to the benefit of multinational interests.  Always keep that in mind.

Everything needed to understand the latest panda narrative from Beijing is identified in this simple paragraph:

(Beijing) […] The talks were supposed to have resumed this month but China’s commerce ministry said Vice Premier Liu He, Beijing’s pointman on trade, agreed to October in a phone call with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Thursday. (more)

First, anything from Vice Premier Liu He is panda-speak; he is a tool in the process of Chinese narrative engineering.  All former trade negotiation authority held by Liu He was stripped by Chairman Xi Jinping.  Commerce Minister Zhong Shan is the real voice of Xi and the Beijing authority.
Second, what exactly is Beijing selling?  An “October phone call”…. and that manipulates markets for the multinationals on Wall Street.  A friggin’ announcement of a phone call?
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After benefiting from ridiculous preferential treatment by the World Trade Organization under “emerging nation” status for the past two decades, Beijing now turns to the WTO and files a complaint against the U.S. over recent tariffs and countervailing duties.

The substance to Beijing’s complaint is silly.  China claims there was a “leadership agreement” during the Osaka G20 summit not to apply additional tariffs.  However, the latest round of U.S. tariffs on China were in response to Chinese tariffs applied after Osaka.  Bottom line, Beijing is playing political games.
China, once again playing the wounded panda routine, is trying to set up a narrative that President Trump has broken his word.  That’s the cornerstone of their position, and they know such a complaint won’t go anywhere at the WTO; the complaint is really for the use, exploitation, and consumption by President Trump’s political opposition, domestic and international.  (emphasis mine)

HONG KONG/GENEVA (Reuters) – China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday.

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The protests and demonstrations began in mid-June, centered around the now-suspended extradition bill that would have allowed people in Hong Kong to be sent to mainland China for trial in courts controlled by the Communist Party.  Today, those protests are outlawed by Chinese authorities, organizers have been disappeared, and yet the protests continue.
Eric, a 22-year-old student, told Reuters news agency: “Telling us not to protest is like telling us not to breathe. I feel it’s my duty to fight for democracy. Maybe we win, maybe we lose, but we fight.”

Hong Kong police, seemingly comprised of Chinese militia, are using semi-permanent blue dye water cannons to mark the protesting groups. This helps them later identify their targets for the arrest (ie. disappearing).

(Reuters) Protest organizers have urged the public to overwhelm road and rail links to the airport on Sunday and Monday, potentially disrupting flights. A similar so-called “stress test” of the airport last weekend failed.

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