Here we go… buckle up, and grab the popcorn.  This is the part where the “trillions at stake” comes into play…

U.S. Chamber of Commerce President Tom Donohue is now engaged in a direct fight with U.S. President Donald Trump. As would be expected, and as we specifically predicted, Tom Donohue is now specifically aligning himself with Canada and Mexico against the interests of the United States economy.

Tom Donohue gives hundreds of millions to Mitch McConnell and the crony UniParty capitalist ilk that infect Washington DC. Donohue owns the vast majority of U.S. politicians. This battle is the epicenter of lobbying usurpation, and how multinational corporations own U.S. politicians. This battle will be epic.

MEXICO CITY/WASHINGTON (Reuters) – The most powerful U.S. business lobby accused the Trump administration on Tuesday of making “poison pill proposals” to sabotage talks aimed at modernizing NAFTA, as negotiators began gathering in Washington for fresh trade talks.
[…] Speaking in Mexico City, Thomas Donohue, the U.S. Chamber of Commerce’s president and chief executive, listed several U.S. proposals that he said would undermine $1 trillion in annual trilateral trade, including a “sunset clause” to force regular negotiations.

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Ahead of a working lunch with Secretary of State Rex Tillerson and Defense Secretary James Mattis, President Trump holds a consultation meeting with former Secretary of State Henry Kissinger. Mr. Kissinger has been an arms-length foreign policy adviser since the campaign.
Undoubtedly the requested Kissinger insight would be regarding China, and more specifically regarding Beijing, and the old communist guard’s outlook toward the ongoing communist congress currently taking place in the deepest bamboo forest.
President Trump took the media opportunity to discuss a myriad of ongoing issues including the collapsing ObamaCare issues and the ongoing tax proposals.

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The meeting with Kissinger follows a familiar pattern for those who have watched the nuance of President Trump and how he advances his own ideological philosophy by listening to historic advocates with insight into what Trump considers “prior failed policy”.
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At times Alan Dershowitz can express insufferable political opinions that can make blood pressure cuffs explode.  At other times, on the libertarian side of liberty principles, Dershowitz becomes an ally against the insufferable overbearing administrative state. He’s an odd duck, but carries a quacker worth hearing.
In this segment, the subject matter is well outlined. However, that said, along with every single person in media and punditry, Dershowitz is not connecting President Trump action to the economics of the Trump foreign policy doctrine.

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If people would spend more time studying DJT they’d see the foreign policy strategy of President Trump clear as day. POTUS Trump surrounds himself, optically and vocally, with the overwhelming appearance of military solution providers. This is not accidental; it is entirely by design.
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During a White House event earlier today President Donald Trump signed a Presidential proclamation designating October 6th as “National Manufacturing Day”.
One of President Trump’s top economic priorities, enmeshed in the America-First economic agenda, is to bring back U.S. manufacturing excellence as a priority to the foundation of a balanced American economy.

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REMARKS BY PRESIDENT TRUMP – AT SIGNING OF NATIONAL MANUFACTURING DAY PROCLAMATION – Oval Office – 2:05 P.M. EDT
THE PRESIDENT: Thank you very much. It’s an honor to be here with the great men and women of American manufacturing. In a few moments, I will sign a presidential proclamation declaring today National Manufacturing Day.
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CTH has called out the anti-American economic positions of the U.S. Chamber of Commerce for many years.  The U.S. CoC is the largest DC lobbying group for multinational corporations and multinational financial interests.  The CoC is at the very epicenter of the financial constructs that support the Washington DC UniParty.
When President Trump won the election in 2016 it was a thundershock to decades of work by the U.S. CoC to undermine economic nationalism in favor of global corporate interests. Within all of the economic, trade and policy discussion which subsequently flowed from the White House the CoC did not have a seat at the table.  Trump’s economic policy is adverse to the interests of The Big Club.
Today the CoC is taking a direct and adversarial position to oppose the White House and the intended framework (Trump, Ross, Lighthizer) for a renegotiated NAFTA deal.  The U.S. CoC is aligning with Canada and Mexico against the interests of the United States.
While predicted, it is a little surreal to see the U.S. CoC drop their mask so openly:

WASHINGTON DC – The Chamber of Commerce warned Friday that the Trump administration appears to be on the path to pulling out of the North American Free Trade Agreement, on the eve of the fourth round of talks to renegotiate that deal.

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{{snicker}} Commerce Secretary Wilbur Ross has announced a decision to delay a Commerce Department decision on Aluminum until sometime before November 30th.

…”Commerce said it would issue its preliminary determination in the aluminum foil case – along with a decision on China’s non-market economy status – by Nov. 30. A final duty determination is expected 75 days later.”…

When you analyze the Trump Doctrine, using economics as leverage for national security objectives, it becomes easier to understand the ebb, flow and timing of Wilbur Ross trade determinations. Economics, trade policy and national security objectives are all connected.
WASHINGTON(Reuters) – The U.S. Commerce Department said on Thursday it would defer issuing its preliminary determination in an anti-dumping duty probe into imports of aluminum foil from China.
The department said in a statement the delay would allow it “to fully analyze information pertaining to China’s status as a non-market economy (NME) country.”
U.S. aluminum foil producers have filed petitions with the U.S. government accusing Chinese manufacturers of dumping the product in the United States. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, department figures show.
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President Trump tweeted this morning while Secretary Rex Tillerson is in China meeting with Xi Jinping about what to do with North Korea. ….or put another way: Tillerson chats about Rocket-boy consequences with big Panda while the sound of a lion roaring is heard over the background of the bamboo forest.
If you’ve been following along, Trump/Tillerson creating the need for ‘Magnanimous Panda’ is actually quite fun to watch unfold.

President Trump will never use the U.S. military to solve this regional issue.  The national security strategy is based entirely on economics (leverage) and diplomacy (ownership).  President Trump’s words and rhetoric against Kim Jong-un, and the response from Jong-un in kind toward President Trump, creates the foundation of a need for magnanimous panda to step in.
Remember, Beijing doesn’t want to take ownership of DPRK.  China prefers to retain influence over behavior, they are the enablers, but not be directly responsible for the enforcement of any agreement which comes with attached consequences (economic punishment) for DPRK violations.
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Ahead of an upcoming trip by President Donald Trump, and against the backdrop of economic sanctions by Trump/Mnuchin and the U.N. toward North Korea, Secretary of State Rex Tillerson works on the “Magnanimous Panda” strategy within the Trump Doctrine.
The ‘Big Picture’ goal is for China to accept responsibility, publicly, for spearheading the denuclearizing program within an established “six party talk” framework.  China ultimately becoming the guarantor of a denuclearized DPRK, and President Trump stroking the Panda Fur (praise) while simultaneously controlling the amount of bamboo in the Beijing forest.  So far, things are proceeding swimmingly.

BEIJING (Reuters) – Chinese President Xi Jinping offered warm words for U.S. President Donald Trump on Saturday, calling him a friend and saying he expected Trump’s visit to China in November would be “wonderful”.

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Before getting to the heart of the latest announcement it is important to note there is a great deal of rapid economic action taking shape in China ahead of Secretary Rex Tillerson’s arrival.   ¹China has stopped the import of recyclables.  ²Chinese manufacturing is slowing.  ³Comac (chinese aerospace) has successfully tested their latest airliner.
#1 is important because it reflects the opinion of the central economic planners in Beijing that #2 is more severe than currently publicized. #3 is important because Canada’s plan in the Boeing -vs- Bombardier trade dispute was to look toward China to purchase Canadian subsidized aerospace products. Purchases won’t happen because China is creating it’s own airline manufacturing industry with Comac (a Beijing subsidized industry). However, China is more than willing to give the illusion of trade in order to steal Bombardier technology.
Those are all subtle signals of economic activity within China.
However, today the bigger economic story is an outcome of President Trump and Treasury Mnuchin outlining specific sanctions against any entity that engages in economic activity with North Korea.
Beijing understands the consequences to the Trump/Mnuchin sanctions and finds themselves in a tight position where allowing DPRK business interests to operate within China violates the intended purpose to cut off North Korea from it’s economic enablers.

(Via Daily Mail) China has ordered North Korean companies in the country to shut down by January as it applies UN sanctions imposed following Pyongyang’s sixth nuclear test.
The commerce ministry in Beijing said today the companies, including joint ventures with Chinese firms, have 120 days to close from the date the United Nations resolution was adopted on September 12.

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Whoo-doggies, Wilburine ain’t messing around with this dispute.
U.S. aerospace manufacture Boeing filed an unfair trade complaint against Canadian aerospace company Bombardier stating the Canadian government was subsidizing the manufacturing of 100- to 150-seat large civil aircraft.  Canada does subsidize their airline manufacturing, everyone knows this is true – even Canadians admit it.

Boeing was seeking an 80% import tariff on purchase contracts from U.S. airline carriers.  Secretary of Commerce Wilbur Ross looked into the trade dispute and agreed with the position of Boeing.  However, the Commerce Dept. did not stop at 80%. Wilburine estimated, then initiated, a whopping 219.63% countervailing duty assessment against Bombardier.
U.S. Commerce Department Announcement:

Today, U.S. Secretary of Commerce Wilbur Ross announced the affirmative preliminary determination in the countervailing duty (CVD) investigation of 100- to 150-seat large civil aircraft from Canada, finding that exporters of this merchandise received countervailable subsidies of 219.63 percent.
The Commerce Department will instruct U.S. Customs and Border Protection to collect cash deposits from importers of 100- to 150-seat large civil aircraft based on these preliminary rates.
“The U.S. values its relationships with Canada, but even our closest allies must play by the rules,” said Secretary Ross. “The subsidization of goods by foreign governments is something that the Trump Administration takes very seriously, and we will continue to evaluate and verify the accuracy of this preliminary determination.”

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