White House Senior Trade and Manufacturing Policy Advisor, Peter Navarro, appears with Maria Bartiromo to discuss the ongoing white house economic policy to continue recovering American jobs and manufacturing. Additionally, Navarro discusses the China conflict of interest carried by the Biden campaign.
A few days ago Samsung announced they would stop production and manufacturing of Televisions in China by November. Today they announce they will stop the sales of high-tech chips to Chinese owned Hauwei.
ANDROID HEADLINES – In the latest blow to Huawei, South Korean chip manufacturers Samsung and HK Hynix will reportedly cease all trades with the Chinese company beginning next week. This comes after the US Department of Commerce last month announced an amendment to the trade restrictions it imposed on Huawei back in May.
According to reports from various Korean news outlets, the companies will suspend trade on September 15th. That’s when the new set of rules come into effect. The rules bar any American or non-American company that uses a US-origin software or technology from selling components to Huawei. Any such trade would require the companies to obtain special approval from the American government.
Director of the National Economic Council, Larry Kudlow, appears on Fox News to discuss the current state of the economy and the administration efforts to support key businesses that are still suffering from the worst financial damage.
Additionally, Mr. Kudlow discusses the nomination of President Trump to receive the Nobel prize for peace.
Despite the media providing manipulative cover (narrative engineering) for the sheer hypocrisy of this effort, Democrat presidential candidate Joe Biden is going to attempt to kick-off an “America First” economic plan in Michigan tomorrow.
First, accept the reality… Biden is choosing Michigan. If the media-claimed national Biden polling lead was legit, he would not be headed to Michigan to attempt this insufferable political scheme.
Second, in order for Beijing Biden to even attempt to pull this stunt off he has to rebuke his own decades long economic record of offshoring jobs to China and creating a U.S. service driven economy.
It was the Obama-Biden administration who said those manufacturing jobs were never coming back to the U.S. It was President Trump who reversed the Biden/Obama trade positions and factually started bringing manufacturing jobs back into the U.S.
Candidate Joe Biden supported the Trans-Pacific Partnership (TPP) the largest single scheme to maintain the U.S. as a service driven economy and push manufacturing into southeast Asia. It was Joe Biden who supported the Trans-Atlantic Trade and Investment Partership (TTIP) a similar globalist construct toward Europe.
President Trump delivers remarks from joint base Andrews as he departs for a 3:00pm event in Florida to discuss environmental accomplishments by the administration. [Video Below, Transcript will Follow]
President Trump holds a Labor Day press conference to discuss the importance of the American worker and Main Street USA. [Ongoing] President Trump is going full wolverine on China.
UPDATE: Video and Transcript Added:
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[Transcript] – THE PRESIDENT: Thank you very much. Thank you. Happy Labor Day. That was, really, a very special time I had speaking to some of the labor union heads and other people. They’re very happy with the way things are going. As you probably see, the numbers are terrific.
Secretary of Treasury Steven Mnuchin appears on Fox News Sunday to talk about negotiations with Speaker Pelosi for a funding mechanism for government. Mnuchin outlines another “CR” (“Continuing Resolution”) that will extend funding through December 2020.
Additionally, Mnuchin discusses a “very targeted” COVID-19 support bill for those sectors, industries, companies and small businesses feeling the strongest impact. As the treasury secretary outlines, the administration is seeking optimal solutions for the current status.
Earlier today White House Press Secretary Kayleigh McEnany, National Security Advisor Robert O’Brien, Ambassador and Advisor on Serbia/Kosovo to President Trump Richard Grenell, and Senior Advisor Jared Kushner held a press briefing on the historic agreement between Serbia and Kosovo. [Video and Transcript Below]
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[Transcript] – MS. MCENANY: Hello, everyone. It’s another historic day here at the White House. And I have with me Ambassador Ric Grenell, National Security Advisor Robert O’Brien, and Senior Advisor Jared Kushner to talk to you about the history that was made here at the White House today, and then they’ll take a few of your questions.
The Bureau of Labor Statistics (BLS) highlights the August jobs report today and both measures (Household Survey and Establishment survey) show a remarkable recovery underway from the COVID-19 crisis. Overall, 1.4 million jobs were recovered and the national unemployment rate drops to 8.4%.
Most economists did not predict the unemployment rate would drop into single digits until next year. However, the historically accurate household survey shows 3.8 million people recalled, returned or found jobs; with 2.8 million saying they were no longer unemployed.
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Despite the ongoing challenges there is good news for the most heavily impacted sectors of the economy: leisure and hospitality. Well over half of those jobs lost have been recovered. In the past four months 3.6 million jobs have been gained in this sector. Employment in food services and drinking places is still down by down by 2.5 million since the peak in February but the gain is significant and reflects a “V-shaped” recovery ongoing.
Salon Owner Erica Kious denies Nancy Pelosi’s claim that she was set up after video surfaces of the House speaker’s maskless visit. Additionally, Kious outlines the hatred now being directed toward her by the extreme leftists within the San Francisco community.