President Trump Tweets Disappointment in GM Decision….

President Trump’s ‘America First’  tweets are seen as dangerous to the progressive left because they are loaded with brutal, and often purposeful, honesty.  Today is another clear example.
General Motors would not exist today if it wasn’t for the taxpayer-funded bailouts of their financial position in 2008/2009.  GM is uniquely indebted to the U.S. taxpayer. After receiving those bailouts GM moved production of their newer sectors of autos to Mexico and China; providing no benefit to the American workers who funded their bailout.

GM is one deliberate presidential tweet-string away from seeing a massive consumer backlash that could would wipe out their business.  President Trump doesn’t bluff.
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Market Shifts – Major North American GM Workforce Reduction Announced Due to Declining Sales of Sedan Vehicles…

GM Chevy Cruze, built at Lordstown, OH: (Sales -27% through September 2018). GM Chevy Impala, built at Oshawa, Canada and Hamtramck Michigan: (sales -13%). GM Buick LaCrosse (-14%); and Cadillac CT6 (sales -11%) both built at Hamtramck Michigan.
Following major drops in the sedan sector of the U.S. automotive market, General Motors CEO Mary Barra announced plans to halt production next year at three assembly plants: Lordstown, Ohio; Hamtramck, Michigan; and Oshawa, Ontario. GM will fully stop production on several models assembled at those plants: Chevrolet Cruze, Cadillac CT6 and the Buick LaCrosse.
These cuts could lead to approximately 6,000 to 8,000 lost jobs.

DETROIT/WASHINGTON (Reuters) – General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.

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BREAKING Report: GM Closing All Operations in Oshawa Canada….

Canadian media are reporting that General Motors plans to shut down operation in Oshawa, Canada.   This is quite possibly an outcome that portends the sign of things to come…


CANADA – Numerous sources have told CTV Toronto that General Motors is planning to close all operations in Oshawa, Ont., affecting thousands of high-paying jobs.
The announcement is expected to be made on Monday, in the city of about 159,000 people located roughly 60 kilometres east of Toronto.  Sources said they believe the Oshawa closures are part of a global restructuring. (read more)

GM holds considerable risk exposure within the current state of international trade and economics as it relates to the auto industry.  As a result of the ongoing U.S-China trade confrontation, GM holds risk as a result of heavy investment in China.  Add to that exposure the very significant financial impacts about to start for heavy manufacturing operations inside countries aligned with the Paris Climate Treaty, and the risk increases.
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Federal Judge Denies Papadopoulos Delay – Begins 14-Day Federal Prison Sentence Tomorrow…

Federal Judge Randolph Moss denies a sentencing delay for George Papadopoulos and instructs him to report to federal prison in Wisconsin on Monday; Papadopoulos will serve a 14-day sentence for ‘lying’ to  federal investigators.
The Judge rejected Papadopoulos request to delay his sentence while the legitimacy of Mueller’s probe is being challenged in a separate legal case.
[Read Court Ruling Here]
Papadopoulos argued it was possible the constitutional challenge in a separate case would result in his own conviction being set aside, and that he should therefore be allowed to remain free on bail. However, U.S. District Judge Randolph D. Moss noted Papadopoulos had not appealed his own conviction, having waived his right to do so when he pleaded guilty. Moss also noted Papadopoulos had not shown the appeals court case would likely conclude the special counsel’s appointment was unlawful.
 

Chaff and Countermeasures – Trey Gowdy Discusses James Comey, Justice Roberts and Ivanka Trump…

Purple-tie-clad representative Trey Gowdy (U-DC) appears on CBS with Margaret Brennan to discuss the congressional request for former FBI Director James Comey to appear for questioning.  Roosterhead proposes possibly video-taping the deposition of Comey at a joint Oversight and Judiciary hearing.  [shiny thing – Comey will not appear]
Here’s the structural issue about the committee request that no-one is discussing – CLICK HERE – In my opinion, that’s a intentional feature not a flaw.
Additionally, Gowdy defends the honor of Supreme Court Chief Justice John Roberts against criticism of a politicized federal judiciary from President Trump; and outlines the new “investigation” he launched into Ivanka Trump’s email use.


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President Trump: "If for any reason it becomes necessary, we will CLOSE our Southern Border."…

They said he wouldn’t pull out of the Paris Climate Treaty, he did.  They said he wouldn’t withdraw from the Trans-Pacific Partnership, he did.  They said he wouldn’t implement global Steel/Aluminum tariffs, he did.  They said he wouldn’t dare withdraw from the G7 agreement in Canada, he did.  They said he couldn’t get Canada to agree to a new NAFTA agreement, he did… the list is long.
One of the more consequential aspects to President Trump is he doesn’t bluff.  Regardless of the scale of the assertion, every adversary is WELL AWARE he will do what he threatens if the situation he confronts doesn’t change.  In this regard, no president, NO-ONE, has ever instilled such direct and focused fear once an adversarial issue, intentionally or unwittingly, falls into Trump’s sights.  They know he will do this:

The truth is, regardless of opposition or public opinion; regardless of how the media will attack the decision; President Trump will factually shut down the U.S-Mexico border if that becomes the remaining best option to deal with the crisis and protect U.S. interests.
Mexico knows this too.
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Report: Possible U.S-Mexico Agreement To Keep Asylum Seekers In Mexico…

The Washington Times is reporting on a possible agreement between U.S. and Mexico officials to keep all Central American asylum seekers outside the U.S. during the process to evaluate their asylum claims.
The important backdrop here is the new Mexican President, Andrés Manuel López Obrador (AMLO), taking office on December 1st.  If the reporting is correct, there may be an agreement in the works between President Trump’s administration and AMLO’s team.
Reading between the lines, the mutually beneficial structure of such an agreement is likely based within prior economic (trade) discussions. [CTH sees Jared Kushner’s diplomatic fingerprints at work]  Friends with benefits….

(Via Washington Times) Immigrants seeking asylum in the United States by entering through Mexico could be required to wait south of the border while U.S. courts assess their cases, a member of the incoming Mexican government said in an interview published Saturday.
Andrés Manuel López Obrador, Mexico’s president-elect, plans to implement a policy known as “Remain in Mexico” after taking office next month, his top domestic policy official told The Washington Post.

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U.S. -vs- China Tariff Impact Report: Chinese Producers Pay for Most of Tariff, U.S Consumers See Minimal Impact…

In June 2018 President Trump instructed U.S. Trade Representative Robert Lighthizer to initiate a 10% tariff on $200 billion of Chinese goods (Round #1).  After two months of China refusing to negotiate renewed trade deals in good faith President Trump instructed Lighthizer to increase the tariff rate to 25% in August (Round #2).  There is a third tranche of tariffs scheduled for January 1st, 2019.

With a full quarter of trade data to analyze the impacts, the results are now measurable.  A multinational group studying the outcome (full pdf below), identified that approximately 4.5% of the tariff is being carried by American consumers.  The overwhelming cost of the tariff is being paid (20.5% absorbed) by Chinese producers.

(Via Bloomberg) President Donald Trump is succeeding in making China pay most of the cost of his trade war.
That’s the conclusion of a new paper from EconPol Europe, a network of researchers in the European Union. U.S. companies and consumers will only pay 4.5 percent more after the nation imposed 25 percent tariffs on $250 billion of Chinese goods, and the other 20.5 percent toll will fall on Chinese producers, according to authors Benedikt Zoller-Rydzek and Gabriel Felbermayr.

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USTR Robert Lighthizer Updates Section 301 Investigation on Chinese Trade Practices…

The most consequential long-term challenge being confronted by President Trump surrounds the influence of communist China, and their state-controlled economic conquest strategy.
To quantify the scale of the issues, in 2017 President Trump commissioned a Section 301 review by the United States Trade Representative Robert Lighthizer.  In March 2018, Lighthizer delivered his report.  That initial report became the baseline for the tariffs levied against Beijing.  Yesterday, Lighthizer released an update of that ongoing review.  The report is below:
[scribd id=393902698 key=key-kjNtouzB6djFEcPBapQB mode=scroll]
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Remember, the Chinese red dragon has a tendency to say one necessary thing publicly, while manipulating another necessary thing privately. Cunning is part of ‘The Art of War’.
President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.
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