Secretary of State Rex Tillerson has announced a revised set of travel restrictions for U.S. citizens considering travel to the DPRK.
Once in full effect there will be a travel ban in place restricting all travel using U.S. passports.  U.S. humanitarian groups and entities requesting travel to the DPRK will need to request a specific passport from the State Department.

WASHINGTON/SEOUL (Reuters) – The U.S. government on Friday said it will bar Americans from traveling to North Korea due to the risk of “long-term detention” in the country, where a U.S. student was jailed while on a tour last year and later died.
U.S. Secretary of State Rex Tillerson has authorized a “Geographical Travel Restriction” on Americans to forbid them from entering North Korea, spokeswoman Heather Nauert said.

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Those who have followed the MAGAnomic trade and economic policy closely were aware a tonal shift had taken place in the last several weeks.
Specifically because of their weak position, and faced with the first U.S. President in their modern economic history who intends to stop the erosion of American wealth, China intentionally used North Korean aggression in order to create trade leverage with the U.S.
Today, at the U.S./China Comprehensive Economic Dialogue in Washington DC Commerce Secretary Wilbur Ross left no room to doubt the approach President Trump and the U.S. trade team are going to take in the upcoming trade standoff.
At opening remarks between the two sides, Ross outlined the U.S. trade gap with China in unusually blunt terms. While U.S. exports to China have grown in recent years, imports have expanded even faster, leading to a $309 billion trade deficit.

“If this were just the natural product of free-market forces, we could understand it, but it’s not,” Ross said, as Chinese Vice Premier Wang Yang looked on. “So it’s time to rebalance in our trade and investment relationship in a more fair, equitable and reciprocal manner.”  (video below)

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In February U.S. President Donald Trump and China’s President Xi Jinping agreed to a format for ongoing trade discussion and economic dialog.  The outcome of their discussions was a 100 day road map to include way-points for economic dialog.
An outcome from the way-point approach was a showing of good faith with China opening their market to U.S. Beef export and the purchase of U.S. liquefied natural gas (LNG), while allowing greater access to its financial services sector to U.S.   However, significant trade imbalance remains and ongoing U.S./China economic dialog was scheduled.
Today Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, USTR Robert Lighthizer and White House Adviser Jared Kushner  attended the next phase US – China Comprehensive Economic Dialog meeting.

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*NOTE* after Wilbur Ross delivered his brutally honest remarks the Chinese contingent to the talks cancelled a 5:00pm press conference.
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Earlier today USTR Robert Lighthizer released President Trump’s NAFTA Objectives outline to congress and the American people.  The NAFTA renegotiations are scheduled to begin in August.
The bilateral trade negotiations with the EU (European Union), S.E.A.N. (Southeast Asian Nations), China, U.K. and all other nations will follow -individually- after the NAFTA process is complete.

It cannot be overstated how critical this is.  Please, please, understand.  There are trillions of dollars at stake.   All political opposition to President Donald Trump will increase in exponential severity as the dates of these renegotiated trade deals draws closer.  There are trillions of dollars at stake.   The entities outlined below will throw everything at the current administration in an effort to secure a better financial outcome for their interests.
Multinational Corporations, Wall Street interests and Multinational Financial stakeholders (mostly banks and foreign governments), have lobbied DC politicians for decades to create trade outcomes favorable to them.  It is, at its core, the financial and policy cancer that has distributed America’s physical and financial wealth globally. Additionally, multinational corporate media are part of this entire process and are stakeholders in the outcomes.
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President Trump delivers opening remarks to celebrate Made in The USA manufacturing week, a presidential initiative.

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Sometimes we just sits and thinks… and sometimes we just thinks and laughs… This truly is the greatest of times to be alive and engaged.  All, because, Trump stuff.

After reminding ourselves there’s no longer an actual media apparatus (per se’) in the historic sense of assembling facts, just facts, that explain situations; we once again see a brutal example of an answer to a simple economic question ignored by media.
Yesterday, within a MAGAnomics discussion thread, the question was asked:

♦ How long do you think the Chinese economy can sustain itself? When will it run out of steam? Could you maybe add some meat to the bone of what a trade war may look like with China, in terms of what we can expect to happen?

My own reply was rather simplistic:

♦ A trade confrontation with China will remove the cloak of capitalism and show the true colors of totalitarian control behind the Chinese economic mask.  Confronting China’s Oz, economically, is simply sending in Toto (Wilbur Ross) to pull back the curtain. Easy peasy.

As if on cue… here comes Xi Jinping to deliver the audio visual demonstration. (more…)

White House National Security Adviser, Tom Bossert, delivers a press briefing aboard AF1 en route back to the U.S. from France.  If you did not read and watch the information yesterday from President Trump’s Special Envoy, Brett McGurk, I would strongly suggest you review that prior to this press briefing.  -SEE HERE- Everything is connected.

[Transcript] Aboard Air Force One – En Route Newark, New Jersey – 3:01 P.M. CET
MR. BOSSERT: So let me just start the conversation by saying that President Trump and President Macron had private conversations yesterday, but also an extended bilateral conversation. And I wanted to talk you about that and give you a readout, and answer your questions if I might.
♦ Q Did they discuss the role that Syrian Kurds might have in a future Syria after ISIS?
MR. BOSSERT: So, among other things in the bilateral conversation yesterday, the Presidents discussed Syria — defeating ISIS in general, but Syria specifically; our desire to have a political solution outside and after our military solutions prevail. They discussed counterterrorism in general, as it will be an enduring and ongoing problem after our defeat-ISIS campaign takes the physical caliphate from ISIS.
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White House Press Briefing – “We’ve received several inquiries on what the President — on his agenda for the past couple of days, so I’d like to read some of that out before I take your questions.”

“He’s had multiple meetings with key economic advisors, particularly on issues of trade, such as Ambassador Lighthizer, Treasury Secretary Mnuchin, Commerce Secretary Ross, NEC Director Gary Cohn, and Director of the Office of Trade and Manufacturing Policy, Peter Navarro.”

The only question is the timing. Now or after NAFTA?  It is better to have NAFTA finished prior to the confrontation? …if so, considering DPRK aspect, what is the better strategy in the space between now and the final conflict?
Remember, this battle is two decades past due and waged on behalf of the forgotten men and women of the middle-class. The purchased legislative body within Washington DC will attack our economic efforts with an intensity never before seen in this century or any century.  There are trillions of dollars at stake; this is the epic battle for middle America.
The administrative state will work earnestly to destroy these efforts on behalf of our enemy.  Along with Wall Street, every multinational corporation and multinational banking institution will be against us.
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Nuance and subtlety is everything in China.  Culturally harsh tones are seen as a sign of weakness and considered intensely impolite in public displays between officials; especially within approved and released statements by officials representing the government.
Historic Chinese cultural policy, the totalitarian control over expressed political sentiment and diplomacy through silence, is evident in the strategic use of the space between carefully chosen words, not just the words themselves.
China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity.  They see peace and war as coexisting with each other. China accepts and believes opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another.  Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.
Peace or war. Win or lose. Yin and Yang. Culturally there is no middle position in dealings with China; they are not constitutionally capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome.  If it does not benefit China, it is not done. The outlook is simply, a polarity of peace or war.  In politics or economics the same perspective is true.  It is a zero-sum outlook.
Therefore, when you see China publicly use strong language – it indicates a level of internal disposition beyond the defined western angst.  Big Panda becomes Red Dragon; there is no mid-status or evolutionary phase.  Every American associated with investment, economics and China would be well advised to put their business affairs in order accordingly.
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Good grief these insufferable beltway pundits are stuck echo-chambering their cocktail party conversations on ‘muh Russia’, and just can’t put it down to even begin to discuss more important issues du jour. U.N. Ambassador Nikki Haley proposed an emergency set of U.N. security council resolutions last week to deal with the North Korean aggression, but John Dickerson wants to discuss ‘Muh Russia’.
Seriously, this continual Russian drum-beating is the absolute personification of how media has detached itself from any semblance of normalcy, and presents themselves as factually incapable of advancing any discussion beyond that espoused by their own tribe of like-minded media associates.  It took more than half the interview to get to the important stuff.   Sheeesh…
Eventually, Dickerson gets to an issue that matters with China enabling North Korea, and that part is the only part that provides value.

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