~ 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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In the economic balancing act toward China Larry Kudlow represents the good cop, Peter Navarro represents the bad cop and President Trump navigates the market responses.  Neither person is factually in conflict with the other; the nuance is in the expression and each person has a role to play.  Sometimes teeth, sometimes not. It depends on need.

Last night trade advisor Peter Navarro noted the U.S. position with China and trade is still in a state of serious conflict.  This is accurate, and a more confrontational posture has been expressed by President Trump.  Today Larry Kudlow moderates the Navarro position to lessen the Wall St. concern over a looming decoupling.  It’s all a dance.

The need for nuance becomes clear as we watch Stuart Varney pushing the Wall Street concern angle on behalf of U.S. multinationals. The administration does not want to spook the stock market while they deal with a China confrontation. WATCH:

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Kudlow represents the panda mask. Navarro represents the eagles claw. President Trump advances or retracts each position as he controls the market response.  The objective is a slow, steady, smiling decoupling that doesn’t unnerve anyone… but the direction is always toward the decoupling.

President Trump is delivering the proverbial economic death by a thousand paper cuts.

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White House Trade Policy Advisor Peter Navarro outlines what many CTH readers are aware of.  John Bolton begged for the job and enlisted Sean Hannity and Mark Levin to get advanced recommendations.  That’s how he got in. However, as National Security Advisor John Bolton never understood the President Trump doctrine, using economics to achieve national security objectives.  Underline it, highlight it, that’s the primary issue.

In this interview Navarro goes full wolverine on Bolton, and deservedly so.  What Navarro outlines is the truthful reality.  You can tell because it aligns at every level with what we watched every day while John Bolton was in the administration. God bless Navarro for truthfully calling the baby ugly.  WATCH:

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John Bolton felt unimportant in the world of geopolitics because President Trump relied on the economic team of Secretary Mnuchin, Secretary Ross, USTR Lighthizer and Trade Advisor Peter Navarro to achieve national security objectives.

Bolton was the knuckledragger at the end of the table, useful as leverage, where Trump could point to him and say lets make a deal to keep the warmongers like this guy out of the picture. Bolton’s biggest problem was with that Trump doctrine.

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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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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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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 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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White House trade and manufacturing policy advisor Peter Navarro appears for an interview with Maria Bartiromo to discuss the strong data for jobs amid the effort to reopen all facets of the U.S. economy.  Navarro highlights the recent visit to Maine where he accompanied President Trump to celebrate U.S. critical manufacturing.

Within the interview Navarro reminds the audience of the larger strategic confrontation against China that involves multiple geopolitical aspects to the U.S. economy.

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The media apoplexy over positive economic news is directly related to how much damage a positive economy does to the Antifa/BLM strategy to divide our nation through class warfare. A thriving Main Street economy is antithetical to the objective.

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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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President Donald Trump is holding a news conference at the Rose Garden of the White House on China and other matters.  Anticipated start time 2:00pm ET.  Links below.

UPDATE: Video Added

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