In direct relationship to the checkbook policy that impacts middle-class Americans the U.S./Mexico trade deal is the biggest win so far in Trump’s presidency. There are such massive ramifications it could take days for anyone to comprehend how the granular details have such massive downstream consequences. The deal is incredibly complex.

At the 30,000 ft level, the deal positions Mexico to retain their current multinational investments, and through a series of sector-by-sector standards on origination the deal simultaneously closes the fatal NAFTA loophole. The agreement makes an economic manufacturing partnership between the U.S. and Mexico; and for assembly products third parties will have to produce parts and origination material within the U.S. and Mexico.
U.S.T.R. Lighthizer has put some details forward:
♦The NAFTA Loophole closure is explained in Summary Form HERE; with emphasis on the Auto-Sector. The key is a 75% part origination level for auto-assembly; and a 40-45% level for parts with a minimum $16/hr wage rate. The source-origination rate (75%) is even higher than all previously forecast negotiation results.
Example of downstream consequences/benefits: German auto-maker BMW recently built a $2 billion assembly plant in Mexico (almost complete). Most of their core parts were coming from the EU (steel/aluminum casting components) and/or Asia (electronics). Now the assembly plant will have to source 75% of the auto-parts from the U.S. and Mexico, with 45% of those parts from facilities paying $16/hr. Result: BMW will need to modify their supply chain and build auto parts in the U.S. and Mexico.
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In June, 2017, while trying to keep President Trump committed to the Paris Climate Treaty, Germany’s Angela Merkel and France’s Emmanuel Macron delivered a joint statement proclaiming: “the Paris Climate Treaty is irreversible and cannot be renegotiated.”
U.S. President Trump knew the economic ramifications would handcuff the U.S. and that was the primary motive behind their demands. Rightly POTUS Trump brushed off the demands and withdrew the U.S. from the treaty, in July 2017:
Then came a predictable series of events…
A month after U.S. President Trump called out the ridiculous globalist economic agenda and withdrew the U.S. from participating, German Chancellor Angela Merkel responded on August 20th, 2017, by removing her own country from the primary treaty demands. Five months later, January 2018, the anointed leader of far-left international political policy then withdrew entirely from the 2020 carbon emission reduction goal.
All of these moves only further evidenced that ‘climate change’, vis-a-vis the Paris Treaty, was/is an insufferable economic control policy; a ruse; a scheme manufactured by global financial elites who seek power and leverage upon the sheeple proles. Merkel well understands that global emission control mechanisms, specifically carbon reduction schemes, are nothing more than policy tools to exfiltrate national wealth.
Today, much to the chagrin of the barking moonbats and pontificating international elites, Chancellor Merkel refuses to change her position:
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Sad Panda increasingly frustrated as disruptor Trump heaps vociferous praise on Chairman Xi, while simultaneously out maneuvering Beijing’s geopolitical economic strategy.
China expert Michael Pillsbury discusses the current environment around the Beijing leadership with Fox host Tucker Carlson. This is really important. WATCH:
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What Pillsbury outlines is exactly what CTH predicted last year when we shared how the Red Dragon would be caught entirely off-guard. They’ve never seen this approach before.
NOTE: The upcoming Chinese trade delegation is not showing up at the end of this month as a matter of scheduling happenstance. What no-one in the financial/trade/economic media is connecting is the timing of their visit with USTR Lighthizers’ Section 301 Tariff hearings –SEE HERE. August 20th through August 27th, you can guarantee the Chinese delegations will be all over those hearings; including dispatching their paid lobbyists to provide input on their behalf.
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Earlier today Secretary of State Mike Pompeo introduced the newest geopolitical strategy from the U.S. Department of State, the Iran Action Group. The goal of the coordinated effort is to assemble a unified action front from all allies toward the destabilizing activity stemming from within the Iranian regime.
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[Transcript] SECRETARY POMPEO: Good afternoon, everyone. Today I am happy to announce the creation of the Iran Action Group.
The Iran Action Group will be responsible for directing, reviewing, and coordinating all aspects of the State Department’s Iran-related activity, and it will report directly to me.
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Originally outlined a year ago. Reposted by request. At the heart of the professional/political opposition the issue is money; there are trillions at stake.
President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.
If we get too far in the weeds the larger picture is lost. CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.

Today we repost an earlier dive into how MAGAnomic policy interacts with multinational Wall Street, the stock market, the U.S. financial system and perhaps your personal financial value. Again, reference and source material is included at the end of the outline.
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The images are jaw-dropping. Dozens of vehicles plunged well over a hundred feet when a massive section of an elevated/suspension bridge collapsed in Genoa, Italy. The death toll continues to grow (currently 35); and incredibly there were/are actual survivors being pulled from vehicles. The bridge was built in 1967, and there was a very bad storm at the time of the collapse. An eye witness stated he saw a direct lightning strike on the support tower just prior to the moment of failure.

According to the U.K. Daily Mail approximately 35 people were killed and there are an unknown number of missing-feared dead, after the Genoa Italy bridge collapse. The images of twisted steel and concrete debris into a river and an industrial park are horrific. Thankfully, there was almost no-one working at the industrial park due to holidays.
The vehicles that fell off the bridge dropped approximately 150 feet below along with the concrete and steel of the structure. Rescue workers are working to try and locate any possible survivors who would be trapped in the rubble.
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Sadly another jihadist attack hits the heart of London, England, today as a terrorist used a car to drive directly into pedestrians and cyclists only a few yards away from an earlier, almost identical, attack. Thankfully, no-one was killed; several cyclists were hit by the vehicle and treated for injuries.

(Via The Daily Mail) The Westminster terror suspect who ploughed into at least 15 cyclists and pedestrians appears to have travelled to London from his Midlands home in a Ford Fiesta bought just two months ago, MailOnline can reveal today.
The man, who is in his late twenties, is refusing to speak to police who have identified him and believe he was not known to Scotland Yard or MI5 before the shocking carborne rush hour attack this morning.
But security sources have suggested the suspect is from the Birmingham area and was known to police in the West Midlands.
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House Intelligence Committee Chairman Devin Nunes is currently traveling in Europe and calls-in to Maria Bartiromo to discuss the natural gas pipeline that would reduce Russia’s energy influence in the region.
In the aggregate – the energy initiatives supported by President Trump and U.S. policy is an extension of the Trump Doctrine to use economic power, and specifically energy supplies therein, as an alliance tool to disrupt international states who weaponize energy to control energy-dependent states; thereby neutralizing malevolent interests/influence.
At 05:15 the topic switches to discussion of the ongoing oversight review of conduct from corrupt officials within the DOJ and FBI. WATCH:
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Methinks Maria Bartiromo is the only media person who has caught on to “the secret“.
Within her wording and presentation today, inside this interview Fox News Maria Bartiromo hints toward her understanding of the Trump trade strategy as it pertains to Mexico, Canada and ::cough:: NAFTA ::cough::
Nudge/Nudge – Elbow/Elbow – Wink/Wink – Say no more/Say no more!
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After the end of Round #6 (January 2018), it was obvious to POTUS Trump a NAFTA renegotiated deal was impossible. In March, 2018, Team Trump stealthily began moving in a different direction. In June,2018, Canada accidentally made the admission there were no ongoing talks between the U.S. and Canada. The reasoning is simple yet stunning.
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In what can only be described as the nonsensical rantings of an ideologue who refuses to even fathom the geopolitical Trump changes around him, Turkish President Recep Erdogan writes an op-ed in the New York Times to tell Americans POTUS Trump, and like-minded allies, are bullying/destroying the Turkish economy because his authoritarian regime has imprisoned an American pastor.
DUH!

This is not difficult to figure out. Release American pastor Andrew Brunson, and President Trump will consider stopping. Keep the U.S. citizen detained and President Trump will continue destroying the Turkish economy. This is not hard to figure out once you accept the United States is unapologetically going to target any nation that targets American citizens.
President Erdogan is finding out that Brunson is the most expensive hostage in the history of hostage taking; however, with POTUS Trump in command it’s the kidnappers paying the price…. funny how that happens.
Further into Erdogan’s diatribe he warns: “a failure to reverse this trend of unilateralism and disrespect will require us to start looking for new friends and allies.” Again hilarious.
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