Five Eyes Leverage – Europe Imposes Steel Tariffs on China…

In November of last year the New York Post interviewed President Trump asking specifically why he was not declassifying “spygate” documents, and inquiring about the purpose for his reluctance.  President Trump responded: “Maybe it’s better that the public not see what’s been going on with this country.”  Many people were disappointed, but its always been President Trump’s primary MAGA agenda to focus on economic security.

As the president has repeatedly stated: “economic security is national security.”  And with that cornerstone as the foundation, any evidence of a ‘Five-Eye’ ally participating in the scheme against Trump becomes leverage.  Cue the example:

EUROPE – European officials said today they will make tariffs on steel imports to the region permanent to help stem the glut of supply sparked by Donald Trump’s trade war against China.

The move highlights that protectionism is spreading and Donald Trump’s trade war with China is entrenching itself into the global economy.

The EU will impose quotas on 26 product categories and levy a 25% duty on imports exceeding those quotas, the executive arm said on Wednesday. The move cements proposals laid out last July with the stated aim of protecting European steelmakers amid Chinese overcapacity.

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Wow – El Chapo Trial Witness Testifies to $100 Million Bribe to Mexican President Pena Nieto…

Wow, this has some potential massive ramifications.  The trial of notorious drug kingpin Joaquin “El Chapo” Guzman has been ongoing in federal court since November. During the trial today a witness and confidante of El Chapo outlined how he participated in a $100 million bribe to former Mexican President Pena Nieto.
No wonder the terms of the U.S-Mexico trade agreement (USMCA) were so favorable.

(Reuters) – A witness at the U.S. trial of Joaquin “El Chapo” Guzman testified on Tuesday that he previously told U.S. authorities the accused Mexican drug lord once paid a $100 million bribe to former Mexican President Enrique Pena Nieto.
Alex Cifuentes, who has said he was a close associate of Guzman for years, discussed the alleged bribe under cross-examination by one of Guzman’s lawyers in Brooklyn federal court. Asked if he told authorities in 2016 that Guzman arranged the bribe, he answered, “That’s right.”

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Volkswagen Announces Additional Plant with 1,000 New Jobs in Chattanooga, Tennessee – $800 Million Investment in New Production Line…

{{{snicker}}} Jobs, Jobs, Jobs. Oh, remember that White House meeting with the big four German automakers [back on December 4th, 2018] that mainstream media ignored amid the fury of the, well, more popular ‘resistance’ narrative?   Yeah, THAT one.
Well, combine that US/trade White House meeting with the details within the USMCA auto-sector; mix it up a little with the initiatives and incentives for Trump’s industrial vocational apprenticeship training; give the auto actuaries a little time to crunch the numbers; let the executives settle in…. Then, fast forward a month and currently the big Detroit auto-show is happening.
Voilà!… what does Volkswagen announce?  Ahem:

TENNESSEE – Volkswagen to create 1,000 new jobs in Chattanooga expansion:
Volkswagen announces Chattanooga will be the home to the company’s first electric vehicle manufacturing facility in North America. This will be the company’s second U.S. facility.

The automaker made the announcement Monday morning at the Detroit Auto show. Tennessee Governor Bill Haslam, Chattanooga Mayor Andy Berke, and Hamilton County Mayor Jim Coppinger were all in Detroit for the major announcement.

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Unrelenting: Commerce Secretary Wilbur Ross Discusses U.S. -vs- China Confrontation….

Commerce Secretary Wilbur Ross discusses the ongoing U.S. -vs- China trade confrontation and the current status of China’s economic contraction.
Secretary Ross outlines that China has now internally admitted their reliance on access to the U.S. market; and Team Trump’s continued willingness to deliver death by 1,000 cuts to Beijing if needed.
Secretary Wilburine is one of the top targets for Wall Street, GOPe, Democrats and the collective group of beneficiaries from the U.S. Chamber of Commerce. He is effective; he is unrelenting; they want/need him to be removed.   The inability to influence the White House economic policy team is the biggest threat to the corporate lobbying community.


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U.S. Preliminary Trade Delegation Arrives in China For Initial Discussions of "Technical Details"…

The official, albeit preliminary, U.S.T.R. delegation from the United States is on the ground in China to begin initial discussions of “technical details” surrounding the ongoing trade dispute.  The preliminary talks are today (Jan 7th) through Wed (Jan 9th).

The prior notice from USTR announced the delegation: •Ambassador Jeffrey Gerrish, Deputy U.S. Trade Representative (pictured above – center); •Ambassador Gregg Doud, USTR Chief Agricultural Negotiator; •Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney, U.S. Department of Agriculture; •Under Secretary of Commerce for International Trade Gilbert B. Kaplan, U.S. Department of Commerce; •Assistant Secretary for Fossil Energy Steven Winberg, U.S. Department of Energy; and •Under Secretary for International Affairs David Malpass, U.S. Department of the Treasury.

The delegation will be accompanied by senior officials from the White House, USTR, and the U.S. departments of Agriculture, Commerce, Energy, State, and Treasury. (link)

Tu Xinquan, director of the China Institute for World Trade Organization Studies at the University of International Business and Economics in Beijing is quoted as saying Beijing’s first phase will be focused on technical details before more important voices “make hard political decisions.”
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Stunner – Bolsonaro Open To "U.S. Strategic Alliance" Military Base in Brazil…

In the realm of everything geopolitical in consequence, a recent article from an interview with Brazilian President Jair Bolsonaro highlights the globalists’ worst nightmare. And the comments from the WTO reflects the global influence of President Donald J Trump.

Before getting to two key points, rather stunningly delicious points, it’s worth remembering that Brazil is the “B” in the ‘BRICS alliance’.  Before U.S. President Donald Trump took center stage in the world of international influence, the former governments of Brazil, Russia, India, China and South Africa (BRICS) had formed a coalition.  Each nation represented an enlarged -and growing- regional trade/economic influence.
Shortly after taking office; and with hindsight – prior to the China confrontation; President Trump began a systematic process of challenging various economic influencers.  This is the origin of the Trump Doctrine .
By expanding U.S. energy development, strategically engaging with OPEC (Gulf Cooperation Council) States, and simultaneously engaging with Baltic States at the Three Seas Summit in Warsaw Poland, President Trump established the groundwork for downward pressure on oil prices.  This comprehensive and geopolitical energy strategy diminished the ability of Russia to maintain a consistent external financial influence.
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Mitt Romney Explains Why His Group Must Oppose President Donald Trump…

Decepticon caucus senator-elect Mitt Romney (U-DC) appears on CNN to outline why he stands in opposition to President Donald Trump.  Understanding the unspoken background color here is important.
The Decepticon Caucus in the senate is comprised of senators who represent the interests of Wall Street; and every principle of finance and commerce that intersects with Wall Street’s multinational interests.  In essence the Decepticon Caucus is the defensive force protecting the global financial elite; ie. “The Big Club”.
U.S. Chamber of Commerce President Tom Donohue is the mechanism used by Wall Street multinational banks, corporations and billionaire influence agents to pay the Decepticons to protect their interests.   Mitt Romney is the newest member of the Decepticon Caucus and thus he has a role to play:


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It’s about money… and power… but mostly money. It’s not necessarily personal opposition to President Trump – though they do despise him.  It’s really us they hate.
It’s business, big business; massive multinational business. There are trillions at stake, and U.S. President Donald J Trump is the existential threat to the global financial system. That’s the cornerstone of this opposition.
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Canadian Media Tries to Find Benefits from Joining TPP Agreement…

This is a little on the economic wonky side of things; but well worth watching if you are a trade follower.  The Canadian Broadcasting Company (CBC) attempts to construct a pro-TPP narrative by discussing possible 2019 benefits to Canada.  However, if you listen closely, each time the question of  Canadian consumer benefit it raised you’ll note there aren’t any.


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Corporate globalism, via international trade agreements, is a scam. By design it is intended to exfiltrate the wealth of a targeted (host) nation, and allow corporations full control over the domestic pricing of commodity goods.  There are parts of that interview when the lobbyist/punditry accidentally admits the scheme.
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President Trump Considers Closing Southern Border…

Earlier today President Trump tweeted out the possibility of closing the Southern U.S. border if congress cannot find a solution to funding border security.  Sounds good….

I’m not sure if even President Trump realizes how much support there would be for this approach.  Mexico would be lighting up the switchboards in DC if that happened.  The Mexican economy is entirely dependent on access.

CEA Chairman Kevin Hassett Discusses Main Street Growth and Fed Impacts…

Council of Economic Advisers Chairman Kevin Hassett appears on Fox Business news to discuss the impact of the Federal Reserve’s interest rate hikes on the Main Street economy and the state of the Wall Street stocks.
The key metric is to accept what’s happening around us.  Fed rate hikes are hurting Wall Street (investment class).  However, Fed activity is not yet impacting Main Street.  This is because the two economic engines (Wall St. -vs- Main St.) are so far apart.


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Part Two of this interview (and expanded review) is below:
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