CEA Chairman Kevin Hassett Cautiously Optimistic on Lighthizer's Progress…

U.S. Trade Rep Robert Lighthizer’s work on the U.S-China trade negotiations is easily the most technically challenging and legally complex trade deal in the history of U.S. Commerce.
Lighthizer is not focused on selling more U.S. product, he is focused on bigger issues and enforcement therein.
Think about it.  This is a deal between a U.S. open market economy and a communist controlled closed market economy in China.  No nation has a comprehensive trade deal with China on anything except individual business sectors.
Despite China’s entry into the World Trade Organization, no nation has ever achieved anything close to an aggregate FTA (Free Trade Agreement) with China.  This deal would be the first comprehensive deal, and as such Lighthizer is essentially mapping out an agreement that all other nations could follow….  This is big-league.
(more…)

Sunday Talks: National Security Advisor John Bolton Discusses North Korea…

The administration’s media point person for discussions following the Hanoi Summit between President Trump and Chairman Kim Jong-un is National Security Advisor John Bolton.
Ambassador Bolton appears on the Sunday talk circuit to discuss the ongoing negotiations. As anticipated none of the interviewers focused on the Chinese aspect at all.  Don’t look for President Trump to respond to Chairman Kim directly; instead watch how President Trump’s entire team responds to China.  Chairman Xi Jinping controls Kim Jong-un.
Likely Treasury (Mnuchin) and State (Pompeo) will focus on DPRK sanctions violations; likely USTR (Lighthizer) and Commerce (Ross) focus on hard-line trade position; likely USTR, Commerce and State focus on tech issues (Hauwei and 5G) and pressure allies.  All of these targeted approaches rightly focus on China (cause), not North Korea (symptom).
Ambassador Bolton appears on Fox News:


.
Ambassador Bolton also appeared on CBS (below):
(more…)

No Deal – President Trump Holds a Press Conference Prior to Departing Hanoi, Vietnam…

Despite several positive and remarkable comments from Kim Jong-un, President Donald Trump and the North Korean Chairman could not come to a substantive agreement after two days of negotiations on the process to denuclearize the Korean peninsula.
During a press conference prior to departing Hanoi, Vietnam, President Trump cited two issues: (1) A North Korean demand for the immediate removal of all multinational economic sanctions; and (2) The unwillingness of North Korea to be fulsome about their missile and nuclear locations. WATCH:


.
UPDATE:  Here is a link to the transcriptAdditional Thoughts:
In the backdrop of the Hanoi summit, and as U.S-China trade negotiations continue, the Trump administration suspended the implementation of the March 1st tariff increase on Chinese goods.  Unfortunately, attaining this goal may have empowered a cunning Chairman Xi Jinping to influence the demands of DPRK Chairman Kim.
A covert influence connection will become clear if President Trump now takes an even more firm trade and tariff position toward China. We’ll keep watching closely.
(more…)

*UPDATE* Talks End With No Deal – Second Half / Day Two: Trump-Kim Summit, Hanoi Vietnam…

Update from the White House:
Statement from the Press Secretary Regarding the Hanoi Summit:

“President Donald J. Trump of the United States and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea had very good and constructive meetings in Hanoi, Vietnam, on February 27-28, 2019. The two leaders discussed various ways to advance denuclearization and economic driven concepts. No agreement was reached at this time, but their respective teams look forward to meeting in the future.”

As the Summit concludes with no agreement, President Trump will be holding a press conference shortly.
(more…)

Epic Bilat Moment During Hanoi Summit – Kim: "If I'm not willing to denuclearize I won't be here right now"….

We can somewhat throw out the schedule; President Trump and Chairman Kim held a much longer one-on-one, and informal small group discussion….. Culminating in this historic moment with the media present and the formal bilat about to begin.
First, watch Chairman Kim Jong-un take questions from U.S. media.  That’s historic. Second, and more importantly, listen carefully to the answers: MUST WATCH

U.S. Journalist: “Chairman Kim are you willing to denuclearize?”

Chairman Kim Jong-un: “If I’m not willing to do that, I won’t be here right now.”

POTUS Trump injected: “That might be the best answer you’ve ever heard.”


(more…)

Senator Lindsey Graham Discusses President Trump and Chairman Kim Hanoi Summit..

Senator Lindsey Graham discusses his recent conversation with President Trump surrounding the Hanoi summit with DPRK Chairman Kim Jong-un; and the political schemes of Democrats to undercut the peace objectives of the administration.


(more…)

Breakout: President Trump and Chairman Kim Day #2 Greeting…

President Trump and Chairman Kim initial one-on-one meeting to begin day two. Both leaders appear engaged and cautiously optimistic. Again, President Trump focuses on the economic potential for a denuclearized North Korea.  [Transcript will follow]


.
[Transcript] President Trump: “Well, thank you very much Chairman Kim, and it’s great to be with you again. And, I’m sure over the years we’ll be together a lot, and I think we’ll also be together after the fact, meaning after the deal is made. We had very good discussions last night at dinner, and the pre-dinner was very good. And, there were a lot of great ideas being thrown about. I think very importantly, the relationship is, you know, just very strong, and when you have a good relationship, a lot of good things happen. So, I can’t speak necessarily for today, but I can say that this, a little bit longer term, and over a period of time, I know we’re going to have a fantastic success with respect to Chairman Kim and North Korea. They’re going to have an economic powerhouse. I’ve been writing about it, I’ve been talking about it. I think it’s going to be an economic powerhouse. And it’s something I very much look forward to helping with because with a little bit of help in the right location and the right place, I think it’s going to be something very special.”
(more…)

Day #2 Hanoi Summit – President Trump and Chairman Kim in Vietnam (Schedule and Livestream)…

President Donald Trump and Chairman Kim Jong-un begin meetings tonight on day two of their Hanoi summit.  Vietnam is 12 hours ahead of U.S. Eastern Time.  Most of the substantive action, including a joint signing and Trump press conference, will take place overnight Wednesday and early Thursday morning.
ABC Livestream LinkARIRANG News Livestream

Schedule and Livestream Below:

  • 8:25pm EST / 8:25am (local) – President Trump departs JW Marriott Hanoi en route to the Sofitel Legend Metropole Hanoi, Hanoi, Vietnam
  • 8:45pm EST / 8:45am (local) – President Trump arrives at the Sofitel Legend Metropole Hanoi, Hanoi, Vietnam
  • 9:00pm EST / 9:00am (local) – President Trump participates in a one-on-one bilateral meeting with Chairman Kim Jong-un of the State Affairs Commission of the Democratic People’s Republic of Korea. Hanoi, Vietnam
  • 9:45pm EST / 9:00am (local) – President Trump participates in an expanded bilateral meeting with Chairman Kim Jong-un of the State Affairs Commission of the Democratic People’s Republic of Korea. Hanoi, Vietnam

(more…)

Hanoi Summit: President Trump and Chairman Kim Enjoy Social Dinner – (Video and Transcript)…

President Donald Trump and Chairman Kim Jong-un enjoy a jovial social dinner at the completion of their first day of talks.  There is a genuine sense amid both leaders. The venue is Sofitel Legend Metropole Hanoi; which has french cuisine on the menu.
[Transcript remarks and dinner menu below]


.
[Transcript] 7:08pm local – PRESIDENT TRUMP: Everybody having a good time?
Q Yes, sir.
PRESIDENT TRUMP: You are? I hope so.
One of the great photographers of the world. (Laughter.) One of the great. Make us look very good tonight, please.
Q We’ll work on that.
(more…)

Hanoi Summit: President Trump and Chairman Kim Hold First One-on-One Discussions – (Video and Transcript)…

President Donald Trump and North Korean Chairman Kim Jong-un conduct their first one-on-one discussion during the historic Hanoi Summit (interesting remarks):


.
[Transcript] Sofitel Legend Metropole Hanoi, Hanoi, Vietnam – 6:33pm (local)
CHAIRMAN KIM: (As interpreted.) So it’s exactly 261 days since we met last time in Singapore, in June, last year.
PRESIDENT TRUMP: Yes.
CHAIRMAN KIM: (As interpreted.) And I truly believe that this successful and great meeting that we are having today is thanks to the courageous decision — political decision that your team, Mr. President, reached.
So, during that 261 days since we last met, there have been some misunderstandings. There have been all these eyes from the world who are misunderstanding the situation. But — and there was some hostility that still remains from the very, very past period that — from the outside.
(more…)