During a mid-afternoon session at the U.S. embassy’s Roosevelt House in New Delhi, India, President Trump met with U.S. and India business leaders. The president cancelled his prepared remarks to the business investors, instead he took questions from roundtable participants.
President Trump and Prime Minister Modi deliver joint remarks to the media at the conclusion of their first bilateral discussion.
White House Manufacturing and Trade Advisor Peter Navarro has been advocating for a return to U.S. production of medical products as a matter of national security. With the spread of the Chinese Coronavirus and a rapid depletion of medical response products, Navarro’s concerns carry more weight than ever before.
President Trump has tasked Navarro with lead position coordinating the administration response to U.S. supply chain impacts. In this interview with Charles Payne, Peter Navarro outlines the ongoing efforts to address all Coronavirus impacts.
White House Trade and Manufacturing Advisor Peter Navarro has an interview with Maria Bartiromo to discuss potential U.S. supply chain issues and the need to reorient our medical equipment manufacturing back to North America. As Navarro highlights the Chinese communist govt recently nationalized an American medical manufacturing company and commandeered all of their products. An important discussion.
Additionally, Navarro discusses the ongoing administration effort to combat incoming fake products from China still estimated to be over ten percent of all imports.
CTH often describes the background DC motives with the phrase: “There are Trillions at Stake.” Here we take a look at what that really means, and how DC politics is not quite based on the ideas that frame many reference points.
With people taking notice of DC politics for the first time; and with people not as familiar with the purpose of DC politics; we end up within two different references. Perhaps it is valuable to reset the larger frames of reference and provide clarity.
Most people think when they vote for a federal politician -a House or Senate representative- they are voting for a person who will go to Washington DC and write or enact legislation. This is the old-fashioned “schoolhouse rock” perspective based on decades past. There is not a single person in congress writing legislation or laws.
In modern politics not a single member of the House of Representatives or Senator writes a law, or puts pen to paper to write out a legislative construct. This simply doesn’t happen.
Over the past several decades a system of constructing legislation has taken over Washington DC that more resembles a business operation than a legislative body. Here’s how it works right now.
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National Economic Council Director Larry Kudlow appears on CNBC for an extensive interview on upstream economic issues. With China’s economy at a standstill; and with the troubles of the coronavirus spreading outward; what does that mean for us?
There’s some good questions in this interview. Domestically, as we noted yesterday, the U.S. economy is strong and growing. However, the Wall Street multinationals are very exposed to the China issues. On the bright side the overall China issues are helping to push more corporate decisions toward domestic investment and away from Beijing.
The potential for supply chain disruption as a result of China dealing with the Coronavirus, and almost a complete shutdown of their manufacturing economy, is looming heavy upon Wall Street multinationals invested in China.
However, tangentially related, as a result of USMCA we are now seeing signs of shifted investment into North America and increases in forecasts for U.S. manufacturing.
(Via CNBC) […] Early in the week, New York’s Empire State Manufacturing Survey for general business conditions posted a reading of 12.9, up 8 points from January and its best level since May. New orders surged to 22.1, the highest since September 2017, and shipments rose to 18.9, the best since November 2018.
On Thursday, the Philadelphia survey exploded 20 points higher to 36.7, the highest since February 2017. New orders hit their highest since May 2018. (more)
The Philadelphia FED tracks factory orders in eastern Pennsylvania, Southern New Jersey, and Delaware. New orders in that region soared far higher than all expectations, reflecting a strong consumer-driven economy with ongoing purchases of durable goods.
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President Trump and Ecuadorian President Lenin Moreno deliver remarks to the press pool prior to a bilateral meeting in the White House. [Video and Transcript Below]
Earlier today President Trump and First Lady Melania Trump welcomed the President of the Republic of Ecuador and Mrs. Rocio Gonzales De Moreno to the White House.
Ecuador is a key country for stability in central America. A key topic of discussion between the two leaders will be Venezuela. Ecuador is suffering firsthand the effects of Nicolas Maduro and his dictatorship in Venezuela with waves of economic migrants from Venezuela arriving through Colombia to Ecuador. The refugee crisis represents a fiscal strain and also a security threat. There are 400,000 Venezuela refugees in Ecuador.
Counter-narcotics and a trade agreement are also a priority for this meeting. The United States and Ecuador are very close to a free trade agreement. USTR Robert Lighthizer has held a successful round-one negotiation for trade and investment with the Ecuadorian Commerce Ministry; and a second round is likely very soon.
Ecuador and the United States are working toward an energy and infrastructure framework agreement under America Crece. Brazil is likely to join in March and they will join Panama, Chile, Argentina, Jamaica, Colombia, El Salvador, and hopefully Ecuador.
Moments before the massive Manchester, New Hampshire rally, President Trump gave an exclusive interview with Trish Regan of Fox Business.