Secretary Wilbur Ross Outlines MAGAnomic Phase-2 Trade ‘Reciprocity’…

Commerce Secretary Wilbur Ross talks about the importance of trade “reciprocity”.  As Wilburine outlines phase-2 MAGAnomics is only just beginning the reciprocity discussion.

Additionally, Secretary Ross talks about the issues with Chinese steel trans-shipment and the reason for Steel and Aluminum tariffs to be global in order to address China’s use of proxy nation states to continue dumping.   In this interview Ross begins to outline the fine points behind the pending 2018 trade negotiations. It is going to take a lot of repeated effort to awaken the larger U.S. electorate to the issues.

(more…)

South Korea Claims DPRK Willing to Enter Denuclearization Talks With the U.S….

Very cautious optimism because Red Dragon has history of using the Panda Mask to cloud intents as a strategy.   North Korea is a proxy state to their enabler, China.  DPRK Kim Jong-un is little stompy-feet panda to the big panda/red dragon, Chairman Xi Jinping.

The one constant in an ever-changing universe is the gravity of China; it only goes one-way.  China allows and directs what is in China’s best interests.  Period.

Chinese Chairman-for-life Xi Jinping (all he represents) view smiling panda economics as modern intercontinental nuclear weapons.

Chairman Xi and President Trump have been deep inside a geopolitical smiling contest for over a year.  Xi and Trump are playing grandmaster level geopolitical economics.  Their most consequential moves are well beyond the horizon; far away from the gaze of the crowd; the media is oblivious to them.

•Japan (Shinzo Abe) has stated they have “great confidence” in President Trump’s Asian national security approach. •South Korea (President Moon Jae-in) stated they are “confident there will not be war again on the Korean peninsula“; •and they are willing to send a special envoy to North Korea to begin talks. •In addition, China quietly removed the 71-year-old veteran diplomat, Wu Dawei, from the position of negotiator toward the DPRK, and replaced him with 58-year-old Kong Xuanyou. Kong is a long time Chinese diplomat in charge of Asian affairs and he speaks Korean.

All of this was generally under-reported and took place months before President Trump arrived in Asia last year.  The U.S. media was busy pushing racism and Charlottesville narratives.  More importantly this quiet activity took place while President Trump directed US Trade Rep Robert Lighthizer to begin a section 301 trade investigation (Intellectual Property theft) into China.

(more…)

NAFTA Watch – Peter Navarro Interview and POTUS Trump Tweets…

We are nearing the timeline apex for release of the decision/announcement on a U.S. NAFTA exit. Trade adviser Peter Navarro appears on Fox Business to discuss the pending Steel and Aluminum tariff while President Trump tweets concerns about NAFTA renegotiation; which enters Round #7 this week.

The steel tariffs are targeted toward national economic security; the Wall Street financial class are apoplectic because a firm administration stance on Steel and Aluminum tariffs indicates the larger trade perspective on all bilateral trade deals.

New Twitter Thread on the NAFTA Fatal Flaw – HERE

(more…)

A Trade War? No, a Coordinated Phase-Two Trade Policy Shift by the Trump Administration…

Ya know, it’s increasingly funny to watch the Wall Street crowd going bananas simply because POTUS Trump does exactly what POTUS Trump said he was going to do.  I mean it’s not like the administration has been hiding the trade policy plans and objectives for the past year; yet, the financial class acts shocked, SHOCKED, when it actually happens.

Cue the audio visual demonstration….. Was anyone paying attention in January at the Davos World Economic Forum when Commerce Secretary Ross said exactly what the administration was going to do in the coming months?  ….Apparently not.

Against the backdrop of current financial and corporate media running around like blindfolded zombies with forks in their eyes – hysterically bumping into walls, it might be worthwhile to revisit Commerce Secretary Wilbur Ross’s purposeful remarks at Davos:

.

Twitter Thread HERE to Expand Full Dynamic

(more…)

Sunday Talks: Secretary Wilbur Ross vs George Stephanopoulos…

I always find it amusing that ABC News never publishes the excerpts of interviews (on their YouTube channel) that run counter to their political ideology.   I digress…

Commerce Secretary Wilbur Ross appears on ABC to talk trade with George Stephanopoulos.  Secretary Ross highlights a key point in the discussion about how post-World-War-II trade tariff policies were intentionally constructed to lift Germany, Japan and economically devastated nations after the war.  This was the origin of the progressive trade association that became the WTO.

[Ross’s segment begins at 38:45 of the video below – prompted, just hit play]

https://youtu.be/MPcrUfw1fwg?t=38m45s

(more…)

UK Prime Minister Theresa May Has “Deep Concern” Over POTUS Trump’s Steel Tariffs, While Forgetting Her Own Steel Tariffs in 2016…

Oh, how the European hypocrisy is in overdrive on the tariff issue.  According to BBC U.K. Prime Minister Theresa May and President Trump had a phone call where the British leader expressed “deep concern” over the Trump administration’s pending tariff’s on Steel and Aluminum.

Theresa May has told Donald Trump of her “deep concern” at his plan to impose tariffs on steel and aluminium imports into the US.

Amid an escalating war of words between Washington and the European Union, the Prime Minister told the US President that “multilateral action was the only way to resolve the problem of global overcapacity in all parties’ interests”, a Downing Street spokeswoman said.  (read more)

Mrs. May must think Americans are unambiguously stupid because it was less than two years ago when the U.K. urgently applied tariffs against Chinese steel in an effort to stave off the losses within their own steel industry:

APRIL 2017,  – BRUSSELS (AP) — The European Commission has imposed anti-dumping duties on steel products from China to stop them flooding Europe’s struggling steel market.

The Commission said Thursday that an investigation has confirmed that Chinese hot-rolled flat steel has been sold in Europe at dumping prices. The Chinese exports will now be taxed with duties ranging from 18.1 percent to 35.9 percent.  (read more)

Hypocrisy much?

President Trump is entirely correct in his prior tweet:

(more…)

Senator Joe Manchin Praises Trump Trade Initiatives and Policies…

Senator Joe Manchin appears on Face the Nation and highlights his support for the Trump trade initiatives.  The cross-party MAGAnomic support highlights an aspect to President Trump policy that is unique to this administration. [ DEEP DIVE HERE ]

Within the aggregate MAGAnomic policy of President Trump there are two central components: taxes and trade.  With the ‘tax element’ completed, the administration will likely jettison some of the Wall Street crowd as they focus on the trade issues that specifically benefit Main Street.

.

The application of “economic nationalism” as a policy is adverse to the interests of multinational corporations. The multinationals have been purchasing U.S. policy through DC politicians for decades. However, the last 30+ years have seen exceptionally high increases. (read more)

(more…)

Sunday Talks – Secretary Wilbur Ross and Maria Bartiromo…

Commerce Secretary Wilbur Ross appears on Sunday Morning Futures with Maria Bartiromo to talk trade and tariffs amid the apoplectic drum-beating from the Wall Street crowd and U.S. Chamber of Commerce.

Secretary Ross explains the use of Trade Section 232 for national security. The U.S. capability to produce steel and aluminum is a vital interest to national security. The World Trade Organization (WTO), a collective enterprise of multinational corporations, is angered by the use of section 232 because it works around their ability to file complaints.

.

The essential point to drive home is that for the past 30+ years U.S. trade policy has been driven by Wall Street and financial corporate benefactors to the detriment of the U.S. middle class and a manufacturing economy.  It is not necessary to argue the outcome, we can all clearly see it.  The Trump objective is to restore a balanced U.S. economy, stop the exploitative export of American wealth, and stabilize our own middle-class.

(more…)

Sunday Talks – Peter Navarro vs Swamp Guard Wallace – Trade and Tariffs…

Boy howdy, you can judge how close you are to the treasury center of the swamp by the scale of the defenses surrounding the policy.   As we have continued to explain, it’s always about the money.  All aversion to President Trump is about the economic interests of people who have established their affluence and influence from 30+ years of exploitation.

Chris Wallace is the media guardian of corporate Wall Street, the GOPe, the U.S. Chamber of Commerce and the financial controlling interests at the intersection of Wall Street and corporate media.  In this interview with President Trump’s Director of the Office of Trade and Manufacturing Policy, Peter Navarro, Wallace goes bananas to protect those interests.

.

The exploitation of the U.S. economic market through export of American wealth is a UniParty policy. Almost all Republicans and almost all Democrats are aligned in common cause to do the bidding of their corporate benefactors on trade, finance and economic policy. There are trillions at stake, and President Trump is an existential threat to their decades-long constructs.

(more…)