President Donald Trump will be delivering remarks to business leaders; then holding a bilateral meeting with President Moon Jae-in today in South Korea.  Following the bilat the two leaders will hold a joint press conference (12:05am EDT).
Then President Trump will travel to the demilitarized zone where the world waits to see if the U.S. President will meet North Korean Chairman Kim Jong-un, possibly making history. (1:30am EDT)

The DMZ schedule is tentative and might be subject to change; however, the world will be watching to see if the Trump-Kim meeting and handshake takes place (approximately 1:30am EDT). No sitting U.S. President has ever stepped foot in North Korea. If this was to happen it would be a historic moment.  Full Schedule Below:
10:00am ROK / 9:00pm EDT THE PRESIDENT delivers remarks to Korean business leaders, Seoul, Republic of Korea
10:50am ROK / 9:50pm EDT THE PRESIDENT departs the Hotel en route to Blue House, Seoul, Republic of Korea
11:00am ROK / 10:00pm EDT THE PRESIDENT arrives at Blue House, Seoul, Republic of Korea
11:10am ROK / 10:10pm EDT THE PRESIDENT participates in a restricted bilateral meeting with the President of the Republic of Korea, Moon Jae-in, Seoul, Republic of Korea
(more…)

President Trump has tweeted the high-level status of the negotiation restart.  Essentially the outcome is as we expected.

• Trade talks resume from former stalled point. [Likely Vice-Premier Liu He is back representing Chairman Xi Jinping – Beijing retreat]
• Current enhanced tariff’s remain in place. [The tariffs that were raised when talks collapsed will remain raised and in force. – Beijing retreat]
• China resumes AG purchases. [Likely soy beans will be priority – Beijing retreat]
• U.S. will allow trade purchases, exports, to Huawei of non-National Security tech. [Ross likely to determine products – Trump modifies position]

From this summation it would appear President Trump has created an exit ramp for Chairman Xi Jinping that allows him to save face.  However, obviously with retention of the recent tariff increases the benefits beyond optics all favor President Trump.
(more…)

Justin from Canada had a tough time getting any respect while attending the G20 in Osaka, Japan.

(more…)

The ‘People’s President’ Donald Trump delivered comments and held a lengthy press conference at the conclusion of the G20 summit prior to traveling to South Korea.
There were hundreds of international media in the audience and President Trump answered deliberate and clarifying questions from a variety of foreign and domestic journalists for well over an hour.  The President was comfortable taking all questions, and was in complete command -often humorous- over all content and subject matter.
Here’s the transcript – Warning: It’s a long read (14,000 words)

THE PRESIDENT: Thank you. Thank you very much. Appreciate it. It’s been a really great period of time. I’ll be leaving now, as you know, for South Korea. Some of you will be coming with us.
I understand that we may be meeting with Chairman King — Kim. And we’ll find out. We spoke with the people. Kim Jong Un was very receptive. He responded. And so, we’ll see. Because tomorrow we’re going to the DMZ. I said, “While I’m there, I’ll shake his hand.” We get along. There’s been no nuclear tests. There’s been no long-range ballistic tests. Gave us back our hostages, which was great. And a lot of good things are happening over there.
So I let him know we’ll be there, and we’ll see. I mean, I don’t — I can’t tell you exactly, but they did respond very favorably.
(more…)

It’s looking like the handshake meeting between President Trump, South Korea’s Moon Jae-in and North Korea’s Kim Jong-un is going to happen. President Trump told traveling pool: “We’re gonna see. They’re working things out right now.” Apparently the details are in rapid resolve mode.
President Trump arrived with the U.S. entourage at the Blue House in South Korea, where a reception and dinner were planned by the host nation. LPGA champion Se-ri Park and members of the K-pop band Exo were also at the reception. Video:

.
After the reception the President and delegation had dinner hosted by President Moon Jae-in. The main dish was a sirloin steak made of US beef, accompanied by bulgogi sauce, pickled garlic leaves and other side dishes. There were also 12 cold Korean starters on the official menu including steamed sea urchin with tofu and pan-fried mung beans.
(more…)

President Trump will be holding a press conference this morning as the G20 summit has concluded. The presser is scheduled for 2:30am EST in Osaka Japan. There are multiple media reports that President Trump and Chairman Xi Jinping have agreed to restart trade discussions.  This will likely be a primary focus of questions as the world is watching.
UPDATE: Video Added

With the pre-G20 magnanimous panda activity by China, there’s little doubt Chairman Xi will have offered a modification in DPRK influence in exchange for a some form of trade negotiations; likely now limited to the restart.  That would present a position where Vice-Chairman Liu He can reengage with the U.S. team (Lighthizer and Mnuchin).
It would make sense for President Trump to pause any further tariff action as an act of good faith if that move can get Kim Jong-Un released. It costs the U.S. position nothing.
(more…)

On the second day of the G20 summit, President Donald Trump holds a working breakfast meeting with Saudi Arabia’s crown prince Mohammad Bin Salman.  The breaking news surrounds the possibility of an impromptu meeting between North Korea’s leader Kim Jong-un and President Trump. [Video and Transcript]

.
[Transcript] – PRESIDENT TRUMP: Thank you very much. It’s an honor to be with the Crown Prince of Saudi Arabia, a friend of mine, a man who has really done things in the last five years in terms of opening up Saudi Arabia. And I think especially what you’ve done for women. I’m seeing what’s happening; it’s like a revolution in a very positive way.
(more…)

As President Trump begins day-two at the G20 he happens to tweet a public message to Chairman Kim Jong-Un about a quick meet-and-greet at the DMZ.  You know, if you’ve got a few minutes… LOL.

Too darned funny….. Obviously this possibility was the subject of the letter which President Trump recently sent to Chairman Kim which the North Korean leader described as “excellent content“.   Trump had this tweet timed for this moment. As we noted at the time, this was predictable.

By President Trump announcing the possibility of a visit with Kim Jong-un before Xi has a chance to sell his DPRK influence for a better trade outcome, President Trump has essentially removed any value.  Chairman Xi, the hostage taker, has been tricked by the hostage rescuer.

On the hostage dynamic – last week the hostage taker (Chairman Xi), finally positioned the public optics of Chairman Kim as the hostage; and indicated a likelihood Beijing would negotiate terms for release (better trade deal) with President Trump. Therefore the rescuer (Trump) countered with communication with the hostage (Kim), and set up an entirely different geopolitical background.
President Trump has totally out-witted Chairman Xi.
(more…)

Day two of the G20 Summit in Osaka, Japan, will include the much anticipated meeting between President Trump and China’s Chairman Xi Jinping.  The world is paying close attention to this bilateral discussion. Remember, Japan is 11 hours ahead of U.S. Eastern Time.

Following the end of the G20 President Trump will fly to South Korea for a meeting with President Moon Jae-in.  The central topic will likely be the status of North Korea. There may be some surprises (watch for a Trump meeting with Chairman Kim at the DMZ.
8:15am JDT / 7:15pm EDT THE PRESIDENT participates in a working breakfast with the Crown Prince Mohammed Bin Salman (MbS) of the Kingdom of Saudi Arabia, Osaka, Japan
9:15am JDT / 8:15pm EDT THE PRESIDENT departs the Hotel en route to INTEX Osaka, Osaka, Japan
(more…)

During an earlier G20 discussion of technology in a fast digital age, President Trump highlighted the potential security compromises with the new 5G communication network.  This was an indirect shot toward China and the controversy surrounding Huawei with China’s Chairman Xi Jinping only separated from Trump by Prime Minister Shinzo Abe.

It would appear President Trump is in full confrontation mode, albeit diplomatically, as the highly anticipated meeting between Trump and Xi is going to take place at 10:30pm tonight.  We are likely, heck, almost guaranteed, to see a complete reversal in position between the two leaders as President Trump wears the panda mask to cover the Eagle glare.  This truly is the dance with the dragon.
After several years of background strategy, President Trump now has Chinese Chairman Xi Jinping in a tenuous position while the ramifications of the U.S-China trade dispute unfold around him and seemingly begin to collapse the One-Belt/One-Road supply chain Beijing has carefully planned.  Actual manufacturing and investment is now retreating from China as the U.S. President continues to use access to the U.S. market as leverage to retract the tentacles of Chinese economic expansion.
President Trump has a quiver full of economic arrows that are available to him; not the least of which is the possibility of enhanced tariffs toward even more Chinese products. Beijing cannot keep subsidizing industry to keep position, they are bleeding cash and the threats against Western corporations have only made matters worse.
(more…)