Arabella's Gift…

The most notable aspect amid President Trump’s granddaughter Arabella delivering a folk song in native Mandarin wasn’t the song itself, it was the response from Madame Peng Liyaun, the wife of Chinese President Xi Jinping. If you haven’t watched the video, you should.
The song was shared moments after President Trump delivered these remarks during a state dinner presented by President Xi and Madame Peng to honor the visit of President Trump and First Lady Melania Trump:

[…] “This moment in history presents both our nations with an incredible opportunity to advance peace and prosperity alongside other nations all around the world. In the words of a Chinese proverb, “We must carry forward the cause and forge ahead into the future.” I am confident that we can realize this wonderful vision.
[…] It is my hope that the proud spirits of the American and Chinese people will inspire our efforts to achieve a more just, secure, and peaceful world, a future worthy of the sacrifices of our ancestors, and the dreams of our children.
In a moment, we will view a video of my granddaughter, Arabella, reciting traditional Chinese songs and poetry about your country’s serene beauty and treasured customs. Our children so often remind us of our shared humanity and true dignity.” (link)

Arabella began her video by saying: “Hello, Grandpa Xi. Hello, Grandma Peng”, and then began to sing a story in Mandarin very familiar to the Chinese people. Exceptionally familiar to Madame Peng Liyaun who, along with being the wife of President Xi, was a folk singer and popular cultural icon herself.
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Hastily Called Venezuela Debt Meeting Ends Without Resolution for Creditors…

CTH has a strong sense that when the final analysis on Venezuela’s ongoing socialist struggle is written, some years from now, the geopolitical strategy used by the Trump administration will be taught in political science classes. [Backstory Here]
As a result of horrific socialist policies, primarily driven by using oil production to maintain it’s socialist governance, Venezuela is under massive debt and desperate for cash.  The United States was one of the few remaining cash purchasers of Venezuela oil before U.S. Secretary of Treasury  Mnuchin imposed sanctions.
Previously China and Russia purchased Maduro’s oil, however their current purchases are/were all made as offsets, repayments, for prior loans.  China and Russia already own 49% of Venezuela’s state oil company PDVSA. Venezuela repays China and Russia with oil, but Venezuela needs cash revenue. It doesn’t generate additional revenue for Maduro if China and Russia purchase more oil, it only pays down the Venezuelan debt.
Venezuela needs money.  However, if anyone engages in restructured debt or further loans or bond holdings to Maduro they run the risk of running afoul of Secretary Mnuchin’s sanctions which could have a downstream effect of freezing their own banks and international financial systems from engagement with U.S. banks.
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Responding to Trump APEC Speech: USTR Lighthizer Statement of Intent for US-Indo-Pacific Trade…

Just love this guy. Remember to teach your kids, grand-kids, family etc. about the unknown wolverine, the third musketeer, United States Trade Rep. Robert Lighthizer.

Da Nang, Vietnam – United States Trade Representative Robert Lighthizer today released the following statement in response to President Trump’s speech on trade between the United States and the Indo-Pacific region, at the Asia Pacific Economic Cooperation (APEC) CEO Summit (emphasis mine):

“The President spoke loud and clear: the era of trade compromised by massive state intervention, subsidies, closed markets and mercantilism is ending. Free, fair and reciprocal trade that leads to market outcomes and greater prosperity is on the horizon.
“President Trump understands that too many nations talk about free trade abroad, only to shield their economies behind tariff and non-tariff barriers at home. The United States will no longer allow these actions to continue, and we are willing to use our economic leverage to pursue truly fair and balanced trade.
“I look forward to doing as the President instructed me and to pursue policies that will improve the lives of our workers, farmers and ranchers.” (link)

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TPP Economics, NAFTA, The APEC Summit, Mexico, Canada and Trump…

Apologies in advance to our conservative Canadian friends; but the explainer here is regarding America-First trade and economics against the backdrop of the Trans-Pacific Partnership trade deal, Canada and Mexico’s alignment therein, the APEC Summit and rainbow socks.

Australian Prime Minister Malcolm Turnbull and Justin from Canada

Here’s why Canada and Mexico signing up to TPP is great news for the U.S., and couldn’t come at a better time for NAFTA round #5 on November 17th.  We don’t want TPP to collapse, because TPP ties the hands of Canada and Mexico to elements of trade that are based on collective interests. Their joining TPP provides the U.S. leverage in NAFTA.
Remember, Vietnam is exactly 12 hours ahead of U.S. Eastern time zone.  At 7:450pm last evening in Vietnam (local time), at the last minute, Rainbow Socks backed out of the signing the TPP framework (explained here).  Twelve hours later, at 7:20am (local), the AP reported the agreement was “back on” with “a compromise”:

DANANG, Vietnam (AP) — The Latest on the summit of 21 Pacific Rim economies in Vietnam (all times local): 7:20 a.m. – Trade ministers say they have reached a basic agreement on a Pacific Rim trade pact without the United States.

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President Trump Meets Russia's President Putin During APEC Summit Group Photo….

The international leaders attending the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Da Nag, Vietnam gathered for their customary group photograph.
Justin from Canada was positioned next to Japanese Prime Minister Shinzo Abe and Australian PM Turnbull by the host nation (after a big controversy over TPP); U.S. President Trump was positioned next to Russian President Vladimir Putin.


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President Trump Throws Down Gauntlet on Trade at APEC CEO Summit Speech in Vietnam…

President Donald Trump delivered an defiant opening speech at the 2017 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Da Nag, Vietnam earlier today. Speaking to an Asia-Pacific audience consisting of over 400 top corporate CEO’s, international leaders, and key heads-of-state from the region, President Trump outlined his expectation for trade relationships with ALL member states.
Trump began by walking through a list of the primary regional nations, praising each for their history and culture and then highlighting their modern success and advancement in economics and trade.  Then President Trump shifted to economics and national security; delivering a strong and deliberate message that the era of unfair trade practices, and one-sided trade deals, with the U.S. was over.

…”We can no longer tolerate these chronic trade abuses, and we will not tolerate them. […] that is why I am here today. […] The current trade imbalance is not acceptable. […] From this day forward, we will compete on a fair and equal basis. We are not going to let the United States be taken advantage of anymore.”…

As noted by a tuned-in observer of the tone in delivery.  President Trump’s delivery to the audience was as bold and defiant as his presentation at the Al Smith dinner in 2016.  No punches were pulled, no ambiguity in motive. Trump dropped the atomic sledgehammer of economic truth upon the increasingly nervous audience. It was spectacular.  WATCH:


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[TRANSCRIPT] PRESIDENT TRUMP: What an honor it is to be here in Vietnam — in the very heart of the Indo-Pacific — to address the people and business leaders of this region.
This has already been a remarkable week for the United States in this wonderful part of the world. Starting from Hawaii, Melania and I traveled to Japan, South Korea, and China, and now to Vietnam, to be here with all of you today.
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First Lady Melania Trump Visits China's Great Wall…

First Lady Melania Trump visited the Mutianyu section of the Great Wall in China as the sun was starting to settle low on the horizon. It was windy and slightly cold as our First Lady signed a guest registry and was presented with a scroll from atop one of the seven wonders of the ancient world.
A state official said that Yukun Zhang, chairman, Mutianyu Great Wall Travel Service Co., Ltd, received the first lady after the ride up on the cable car. After signing the guest registry Mrs. Trump made her way up a short flight of stairs to the Great Wall.


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First Lady Melania Trump Visits Beijing Zoo – Panda Meng'er Approves Bigly…

As President Trump heads off to the APEC CEO summit, First Lady Melania Trump took time to visit the Beijing Zoo and see Panda Meng’er.   Upon arrival to the Zoo a group of Chinese students were present to welcome Melania and introduce her to Mr. Panda.
At first, Meng’er decided to play coy – but once he saw the First Lady, he appeared to become quite smitten.  Apparently, Melania has that impact on boy Pandas mostly.



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Day #6 and 7 Schedule: President Trump Departs China – Heading To Vietnam APEC CEO Summit…

After a remarkably successful and consequential visit to China, President Trump and First Lady Melania will be departing Beijing today.  President Trump travels to Vietnam for the APEC CEO Summit, while First Lady Melania heads back to Washington DC.


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In the morning, President Donald J. Trump will depart Beijing, Peoples Republic of China en route to Da Nang, Vietnam. In the afternoon, the President will deliver remarks to the APEC CEO Summit. The President will then participate in a veterans meet and greet. In the evening, the President will participate in an official welcome reception for the APEC leaders and spouses followed by a gala dinner and cultural performance.
SCHEDULE BELOW:
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President Trump and First Lady Melania Attend State Dinner in Beijing China…

President Donald Trump and First Lady Melania Trump attend the official state dinner in Beijing China as guests of President Xi Jinping and Madame Peng Liyaun. Video, Pictures and Transcript of President Trump speech below:


Pictures below:
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