Earlier today, prior to his speech in Davos, Switzerland, President Trump sat down for an interview with Joe Kernen to discuss the America-First economic policy.
The entire economic world is unilaterally focused on President Trump and the U.S. delegation in Davos, Switzerland at the World Economic Forum. CTH has stated for several years that MAGAnomics, the U.S. economic outlook, would be the primary generational change evident from a successful election of Donald Trump. What’s happening at Davos is simply visible confirmation therein.
Boil all international and geopolitical issues down to their common denominator and everything, E.V.E.R.Y.T.H.I.N.G., every issue, every discussion, every person, every policy, every position, everything -all of it- circles around economics. Nothing matters except the underlying economics of every single issue. Power or weakness, famine or war, peace or conflict, master or servant, culture or crisis, growth or collapse, the entirety of everything -including the foundation of freedom- centers around the economics.
There are trillions at stake.
Yesterday we saw U.S. Commerce Secretary Wilbur Ross commanding around 80% of panelist discussion, and factually 100% of all questions and attention from the Davos audience. Every single question was for Wilburine. Team U.S.A. is the epicenter of the economic universe and Secretary Ross was well prepared for the severity of attention.
Today, the same theme continues as Treasury Secretary Steven Mnuchin engages with a similar panel discussion.
Earlier today President Trump had dinner with European business leaders attending the World Economic Forum in Davos, Switzerland. Attendees included:
U.S. Team – President Donald J. Trump, Secretary of State Rex Tillerson, Department of Homeland Security Secretary Kirstjen Nielson, National Security Advisor H.R. McMaster, Director of the National Economic Council Gary Cohn.
European Delegation: Kasper Rorsted, Adidas (Apparel) Germany; Joe Kaeser, Siemens AG (Tech) Germany; Heinrich Hiesinger, Thyssenkrupp AG (Industrials) Germany; Eldar Saetre, Statoil ASA (Energy) Norway; Mark Schneider, Nestle SA (Food and Beverage) Switzerland; Vas Narasimhan, Novartis AG (Pharmaceutical) Switzerland; Mark Tucker, HSBC (Financial Services) UK; Patrick Pouyanne, Total SA (Energy) France; Carols Brito, Anheuser-Busch InBev NV (Food and Beverage) Netherlands; Rajeev Suri, Nokia Corporation (Technology) Finland; Punit Renjen, Deloitte (Consulting) UK; Martian Lundstedt, AB Volvo (Auto) Sweden; Werner Baumann, Bayer AG (Pharmaceutical) Germany; Bill McDermott, SAP SE (Technology) Germany; Ulrich Spiesshofer, ABB Ltd (Manufacturing) Switzerland.
U.S. Trade Representative Robert Lighthizer is attending Round Six of the NAFTA talks in Canada while President Trump, Secretary of Commerce Wilbur Ross, and Secretary of Treasury Steven Mnuchin attend the Davos World Economic Forum and sit down for an interview with Maria Bartiromo. (Three Video Segments).
Commerce Secretary Wilbur Ross at the World Economic Forum in Davos (President Trump departs the U.S. tonight to attend). The attendance by Secretary Ross provides an opportunity to further enforce the position of the Trump administration regarding free, fair and reciprocal trade deals.
Believe me, the economic globalist attendees were/are entirely freaking out. There’s a panel discussion video at the bottom which will highlight the tenuous position of the multinational corporations, banks and the economic interests of the globalists. Prior to the panel Secretary Ross gave an interview to CNBC. WATCH:
President Trump and U.S. Trade Representative Robert Lighthizer held an open-press Oval Office event to announce trade action, tariffs, against China (solar) and S-Korea (washing machines) for product dumping. [Details Here]
The backdrop of this executive action happens on the first day of NAFTA round six talks beginning in Canada. Ambassador Lighthizer will be traveling to Canada shortly. It is increasingly likely that President Trump will exit NAFTA as part of the larger initiative to draw manufacturing jobs back into the U.S. In this round, we are hearing from those close to the work that Mexico and Canada are panicked and ready to concede in an effort to keep access to the U.S. market they are dependent on.
President Trump and Ambassador Lighthizer are now in the process of leveraging the U.S. business tax policy changes to hammer bilateral trade deals. This is where the teeth of Team wolverine become visible. All future action builds on all preceding action.
President Trump and U.S. Trade Representative Robert Lighthizer followed through on the trade commission study from last year showing evidence of dumping in the U.S. market. Samsung anticipated this final outcome and is almost finished with their plans to manufacture washing machines in South Carolina.
Washington, DC – U.S. Trade Representative Robert Lighthizer announced today that President Trump has approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules.
USTR made the recommendations to the President based on consultations with the interagency Trade Policy Committee (TPC) in response to findings by the independent, bipartisan U.S. International Trade Commission (ITC) that increased foreign imports of washers and solar cells and modules are a substantial cause of serious injury to domestic manufacturers.
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The North American Free Trade Agreement (NAFTA) is one of the key economic constructs where DC politicians show their UniParty corporate stripes. [Another is immigration usurpation] The professional political class within both parties are aligned in common cause to retain both open-border immigration access (cheap labor), and multinational corporation control over North American Trade.
Decades of carefully constructed legislation, written by corporate lobbyists to the benefit of their crony-constituents on Wall Street, are at risk from President Trump’s America-First economic trade platform which includes exiting NAFTA.
Democrats and Republicans who have been purchased by the massive lobbying of the U.S. Chamber of Commerce are in direct confrontation with President Trump on this issue.
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said that terminating the North American Free Trade Agreement would result in the “best deal” to revamp the 24-year-old trade pact with Canada and Mexico in favor of U.S. interests.
Lawmakers as well as agricultural and industrial groups have warned Trump not to quit NAFTA, but he said that may be the outcome.
Today President Trump is scheduled to visit Allegheny County near Pittsburgh where he will deliver a speech on the economic agenda to an audience of H&K Equipment Company. Additionally, and he is there to support the Republican candidate, Rick Saccone, campaigning for a vacant House seat.
UPDATE: Video Added
Hear that sound?… It started way off in the distance during Q1 last year… After Trump’s MAGAnomic tax plan passed, the distant rumble grew louder… yet MSM still refused to heart it…. It’s now a roar of thundering U.S. corporations rushing back into the U.S. to participate in the MAGAnomic resurgence. The latest addition, Apple Inc.
President Trump is carrying out a very simple economic policy that is entirely against the grain of the past four decades. He called it, his words: America First. President Trump refused to accept their term: “A Service Driven Economy”. He gave the economic financial class the middle finger. He said, openly: ‘Not on my watch’; right to their faces. Trump’s political and economic opposition hate him, H.A.T.E H.I.M. He doesn’t care…
By sheer will, if necessary, POTUS Trump will NOT allow generations of Americans to be robbed by economic usurpation. His message was clear “America First”; non-compliant companies would be called out by name. He did. Massive corporations are now coming to heel based on POTUS Trump’s single-minded determination and focus to put American economic patriotism the front and center policy of U.S. economic policy. Deal With IT.
(CNBC) Apple on Wednesday made a slew of announcements about its investment in and contribution to the U.S. economy in part because of the new tax law.
The headline from Apple is that it will make a $350 billion “contribution” to the U.S. economy over the next five years, although it’s unclear exactly how the company came to that number.The company also promised to create 20,000 new jobs and open a new campus.