Commerce Secretary Wilbur Ross appears on Sunday Morning Futures with Maria Bartiromo to talk trade and tariffs amid the apoplectic drum-beating from the Wall Street crowd and U.S. Chamber of Commerce.

Secretary Ross explains the use of Trade Section 232 for national security. The U.S. capability to produce steel and aluminum is a vital interest to national security. The World Trade Organization (WTO), a collective enterprise of multinational corporations, is angered by the use of section 232 because it works around their ability to file complaints.

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The essential point to drive home is that for the past 30+ years U.S. trade policy has been driven by Wall Street and financial corporate benefactors to the detriment of the U.S. middle class and a manufacturing economy.  It is not necessary to argue the outcome, we can all clearly see it.  The Trump objective is to restore a balanced U.S. economy, stop the exploitative export of American wealth, and stabilize our own middle-class.

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Boy howdy, you can judge how close you are to the treasury center of the swamp by the scale of the defenses surrounding the policy.   As we have continued to explain, it’s always about the money.  All aversion to President Trump is about the economic interests of people who have established their affluence and influence from 30+ years of exploitation.

Chris Wallace is the media guardian of corporate Wall Street, the GOPe, the U.S. Chamber of Commerce and the financial controlling interests at the intersection of Wall Street and corporate media.  In this interview with President Trump’s Director of the Office of Trade and Manufacturing Policy, Peter Navarro, Wallace goes bananas to protect those interests.

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The exploitation of the U.S. economic market through export of American wealth is a UniParty policy. Almost all Republicans and almost all Democrats are aligned in common cause to do the bidding of their corporate benefactors on trade, finance and economic policy. There are trillions at stake, and President Trump is an existential threat to their decades-long constructs.

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Director of the Office of Trade and Manufacturing Policy Peter Navarro appears on CNN with Jake Tapper to discuss pending steel and aluminum tariffs.   During the interview Navarro rightly outlined the possibility of some product “exemptions” but there no country “exclusions” for new trade tariffs.

What the media refuse to explain (willful blindness), on the country exclusion aspect, is that Chinese steel dumping doesn’t come from China alone.  China uses proxy countries in Asia as shipment depots to avoid tariffs.  Additionally, China use Mexico and Canada in North America as destinations for their steel product to gain tariff-free NAFTA access to the U.S. market.   The only way to avoid their use of proxy shipment hubs is to tax all steel and aluminum globally.

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Here’s an example why POTUS Trump can be trusted as a change agent on the most important big picture item for the U.S., the economics.  He has held these exact same positions on trade and economics for decades.  Buried inside this 2011 speech you will find the nucleus of CTH support for Donald Trump from the moment he made the announcement.

Back in April 2011 businessman Donald Trump delivered direct and salty remarks to an audience in Las Vegas. The speech was during a period when Donald Trump was contemplating a run for the presidency in 2012. Barron was four-years-old.  The speech was about U.S. economics, poor decision making by U.S. policy makers, and the perspective of stopping the bleed within the U.S. economy:

That speech was April 2011, this tweet is today, March 3rd, 2018.

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Commerce Secretary Wilbur Ross appeared on Fox Business with Lou Dobbs earlier tonight for a discussion of Steel and Aluminum tariffs and ongoing U.S. trade initiatives.

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I think we’ve figured out why President Trump is doing the Steel and Aluminum tariffs ahead of the NAFTA withdrawal.  Perhaps, the wolverine administration is using Steel and Aluminum to draw attention to the NAFTA fatal flaw.

Earlier today Canadian Foreign Minister Chrystia Freeland stated:

“Should restrictions be imposed on Canadian steel and aluminum products, Canada will take responsive measures to defend its trade interests and workers,” Foreign Minister Chrystia Freeland said in a statement, calling any trade restrictions“absolutely unacceptable.”  (link)

The key word in that statement from Freeland is “products”. Why? because Canada doesn’t make more than a boutique amount of raw Steel.  (Top 40 List)  The Canadians, like the Mexicans, import the vast majority of their raw steel from China.  Canada then fabricates products from the Chinese steel.  This nuanced point is almost always lost on people who discuss trade.  This point of origination is also the fatal flaw within NAFTA.

In essence Canada is a brokerage for Chinese manufactured material, and NAFTA is the access trade-door exploited by China for entry into the U.S. market.  More on that in a moment.  First watch Justin from Canada explain his country’s position. (prompted, just hit play):

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If the U.S. were to exit NAFTA (North American Free Trade Agreement), the price you pay for most foodstuff at the grocery store would drop 10% in the first quarter and likely drop 20% or more by the end of the first year. Here’s why:

Approximately a decade ago the U.S. Dept of Agriculture stopped using U.S. consumer food prices within the reported measures of inflation. The food sector joined the ranks of fuel and energy prices in no longer being measured to track core inflation and backdrop Fed monetary policy. Not coincidentally this was simultaneous to U.S. consumers seeing massive inflation in the same highly consumable sector.

There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When you understand how trade works in the modern era you will understand why the agents within the system are so adamantly opposed to U.S. President Trump.

The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

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U.S. Steel and Aluminum tariffs are just one component of a larger economic issue. Bringing back U.S. production on those sectors is vital to the infrastructure of a manufacturing and production economy. Modern Wall Street is centered on multinational interests within economic globalism. Weaken the trade grip of the multinational corporations and their financial manipulation upon the U.S. economy, and Wall Street will drop… this is not difficult to predict.  This is also necessary.

Last week President Trump spoke candidly with the White House assembly of U.S. Governors about the critical need to re-evaluate their position(s) on trade.  President Trump’s remarks were direct, but also nuanced toward the audience.  A few hours later the White House announced President Trump had promoted his economic guru, Peter Navarro to be Assistant to The President.

Mr. Navarro’s job is to counter the false narrative from the GOPe, U.S. Chamber of Commerce and Wall Street crowd. Cue the audio visual demonstration (two video segments):

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Segment #2 below:

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The professional financial class are going bananas at the steel and aluminum tariffs being implemented by the Trump administration.  As expected, most of the apoplectic drum-beating is coming from the Wall Street crowd.  This same Wall Street crowd conveniently overlooks that last year the EU imposed even HIGHER tariffs on steel and aluminum than the Trump administration is proposing now.

Laughably this group of talking heads is pitching the trade and economic position of Canada and the EU in their talking points. However, the hypocrisy is off the charts.

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If you think the professional financial class are over-the-top now, just wait until the administration pulls out of NAFTA. These are the battles that matter. The administration is directly over the target. The multinational corporate crowd, including their corporately owned media, are pushing a fundamentally false set of talking points; their economic dishonesty reflects their desperation.

When Main Street economic principles are applied Wall Street will initially lose. There’s no way for this not to happen. Most of Wall Street is built on the Multinational platform of economic globalism. Weaken the grip of the multinational corporations and financial interests on the U.S. economy and Wall Street will drop… this is not difficult to predict. This is also necessary.

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White House Director of the Trade Counsel and Economic Policy Adviser, Peter Navarro, appears on Fox News with Tucker Carlson to discuss likely import tariffs on Steel and Aluminum.

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