Following the conclusion of the summit between U.S. President Donald Trump and North Korean Chairman Kim Jong-un, the President holds a press availability to deliver remarks and answer questions. Anticipated start time 4:00 pm Singapore / 4:00am EDT:
One of the greatest gifts President Trump provides through his policy discussion(s) is an awakening to how much U.S. voter perspective has been driven by constructed fallacy.
This is especially true in the discussion of domestic economic policy. There are trillions of dollars at stake; and the stakeholders are growing increasingly angry as President Trump places a spotlight on decades of economic fraud and abuse.
Prior to the 2016 election few people understood that DC politicians don’t actually write legislation, lobbyists do. Politicians don’t write laws, their role is to sell legislation created by lobbyist groups. That is the modern legislative model; that’s how it really works. Unfortunately the same bastardized and manipulated process has happened around trade deals and trade agreements.
In modern trade agreements, before the election of President Donald Trump, corporations would write the actual language within the deal. Corporate lobby groups like the U.S. Chamber of Commerce, have fully functioning staff that do nothing except write the trade agreement language.
If a multinational corporation wanted to increase its value, it simply needed to pay the indulgency fee to the U.S. CoC and the massive lobbying group would create language inside the agreement to assist their interest. Note the corporation didn’t need to be U.S. centric, currency is multinational. The U.S. CoC then pays politicians, both democrats and Republicans, via campaign contributions for the trade controls. People can debate the nuance and intersections of governmental bureaucracy within the process; however, peel all the skin from the onion and this is how it really was working.
Then came President Trump.
Singapore is approximately 12 hours ahead of the U.S. eastern time zone. The scheduled meeting between President Trump and Chairman Kim Jong-un will take place around 9:00pm (Monday EDT), which will be 9:00am (Tue) in Singapore.
Secretary of State Mike Pompeo delivered remarks and took questions earlier today:
President Trump affirms the U.S. position to use targeted tariffs to assert reciprocity as the trade standard. Free and fair trade is the goal via removing tariffs and non trade barriers:
Posted in ASEAN, China, Donald Trump, Economy, European Union, media bias, Mexico, NAFTA, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA
North Korea’s state media said on Monday its leader Kim Jong Un and U.S. President Donald Trump will discuss a “permanent and durable peace-keeping mechanism” on the Korean Peninsula, denuclearization of the Korean peninsula and other issues of mutual concern.
Chairman Kim Jong-un arrives accompanied by his sister, Kim Yo Jong, Foreign Minister Ri Yong Ho, Defense Minister No Kwan Chol; North Korean Vice-Chairman Kim Yong Chol, and North Korean Vice-Chairman Ri Su Yong. Even CBS recognizes the “remarkable” efforts by President Trump to bring the North Korean summit to fruition.
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Follow latest news from North Korean Perspective HERE – Keep expectations low; and remember China still controls the outcomes, and everything happening could just as easily be a strategic Beijing ploy.
European Union President Donald Tusk worries about the Bush-Clinton-Bush-Obama legacy being dismantled: “What worries me most is the fact that the rules-based international order is being challenged, quite surprisingly, not by the usual suspects, but by its main architect and guarantor: the US.”
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Every parasite needs a host. As soon as the host refuses to remain co-dependent to its own demise, the abusers begin to panic.
Earlier today President Trump and members of the administration delivered remarks following the G7 Summit in Charlevoix, Canada. President Trump is heading to Singapore for a historic meeting with North Korean Chairman Kim Jong-un.
Prior to departing Canada, President Trump took questions from the media on a wide variety of issues including trade: “Economic Security is National Security” !
Posted in ASEAN, Big Government, Canada, China, European Union, France, G7, media bias, N Korea, President Trump, Trade Deal, Uncategorized, US Treasury, USA
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:
Posted in ASEAN, Canada, China, Economy, Election 2018, European Union, media bias, N Korea, NAFTA, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA
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.
Posted in Bailouts, Big Government, Big Stupid Government, China, Decepticons, Deep State, Dem Hypocrisy, Donald Trump, Economy, Environmentalism, EPA, European Union, India, media bias, Mexico, Mitch McConnell, NAFTA, Notorious Liars, Paul Ryan, President Trump, Professional Idiots, propaganda, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA
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.