Last night President Trump congratulated Prime Minister Boris Johnson on his great win in the U.K. election, noting the possibilities for a big trade boost are “massive”:

Not accidentally, the geopolitical economic and trade planets have aligned splendidly.   The cornerstone USMCA agreement has bipartisan support and will ratify quickly in congress.  A “phase one” trade agreement with China is likely, and prior plans for a strategic trade deal with the U.K. have increased as a result of the U.K. election.
First rule in geopolitics, it’s always about the economics.  Second rule in geopolitics: refer to rule #1.    Understanding this basic truism is the key to understand how President Trump is able to be so effective.  There are trillions at stake, and many interests.

“Economic security is national security.” ~President Trump

All politics circles back to the underlying economics; whether it is an individual financial self-interest for a specific politician, or whether it is a larger financial interest for a group or even a nation.  Everything is always about the money; and that essential truth is why Donald Trump is so uniquely qualified, influential and stunningly effective.
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A “landslide”, a complete “wipe-out”, a “massive victory” appears looming for Boris Johnson and the conservative party in the U.K. if exit polls are accurate.

These blowout results guarantee a faster Brexit from the European Union and the leftist labor party in the U.K. has been crushed.  Conservatives look to have picked up 50 seats and Labor has lost 71 seats; the Scottish National Party (SNP) has picked up 20.
The “Remainers” in the U.K. have been decimated, and the voters who want to “Leave” the EU have fueled a massive victory for Boris Johnson.  Liberal heads are blown-out, bigly.

(Via Daily Mail) Boris Johnson hailed his new blue-collar Tory army tonight as it emerged he is on track to secure a staggering landslide in the election battle – with Labour’s ‘red wall’ of Brexit-backing strongholds imploding.

A dramatic exit poll shows voters handing the Tories a massive 368 seats, with Labour languishing on 191 – down 71 on 2017 and the worst performance in modern history.

The bombshell numbers would give a huge Commons majority of 86, the biggest since Margaret Thatcher’s triumph in 1987, and are equivalent to a 10-point lead in the popular vote. (more)

This result also has massive ramifications for a U.S-U.K trade deal; and subsequently major leverage for the U.S. (independently) and a U.S. – U.K. alliance in future trade negotiations against the European Union.
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Amid breaking developments on multiple trade fronts which will likely see USMCA passage; and the potential for enhanced China tariffs on December 15th; Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss the big picture.
Secretary Ross highlights the manipulation of USMCA ratification and timing by Pelosi to obfuscate the highly partisan political impeachment effort.  Mid-2019 CTH noted this strategic plan was visible and probable.
Ross also discusses the specifics of China, the EU and Brexit as it relates to the global trade reset being carried out in a methodical manner by the Trump administration.  The USMCA will be the first cornerstone domino in a chain of trade events that will fundamentally restructure the nature of all international trade and supply chains.  Great Interview:

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As we have discussed on these pages, the dynamic is severely consequential and the Wall Street multinationals are reacting to the daily details while Main Street gains strength. President Trump is dismantling global supply chains; focusing on bringing high-wage manufacturing industry back to the U.S; and driving a process of profound consequence through economic nationalism.
Titan Trump is winning the economic battle by: (a) repatriating wealth (trade policy); (b) blocking exfiltration (main street policy); (c) creating new and modern economic alliances based on reciprocity (bilateral deals); and (d) dismantling the post WWII Marshal plan of global trade and one-way tariffs (de-globalization).
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President Donald Trump and First Lady Melania Trump attend day two of the 70th Anniversary NATO Summit in London, England. The U.K. is five hours ahead of U.S. Eastern Time.
Day two includes: a general session for all members of the NATO alliance; a luncheon by President Trump to thank those NATO members fulfilling their two-percent pledge to their own security; bilat meetings with Angela Merkel, Mette Frederiksen and Giuseppe Conte; a press conference, and then departure.

♦3:25am ET / 8:25am Local – THE PRESIDENT departs Winfield House Landing Zone en route to the Grove Landing Zone, London, UK
♦3:40am ET / 8:40am Local – THE PRESIDENT arrives at the Grove Landing Zone, London, UK
♦3:50am ET / 8:50am Local – THE PRESIDENT departs the Grove Landing Zone en route to The Grove, London, UK
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In the second bilateral NATO meeting of the day, U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau hold a joint press availability.
Unfortunately for U.S-Canada relations, at the conclusion of their bilat Trudeau went to a NATO reception at No. 10 Downing Street and was caught on mic disparaging President Trump with French President Emmanuel Macron. [Video and Transcript Below]

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[Transcript] – PRESIDENT TRUMP: Well, thank you very much, everybody. A question was asked just a little while ago about supporting the people protesting in Iran and are going through a very tough period. And we do support them totally and have supported them from the beginning.
The question was asked: “Do we support them” — I thought — “financially?” And we haven’t supported them. I don’t know that we’ve ever been actually asked to support them, financially. And I — you know, if somebody asked, maybe we would. But we support them very, very seriously. The people that are protesting in Iran, they’re looking for their freedom, and we are fully in support of them.
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Commerce Secretary Wilbur Ross appeared on CNBC earlier today to discuss the status of U.S-China trade discussions, the latest issues with tariffs on French goods, and the bigger picture issues within the EU that we previously discussed.
Ross highlights the additional tariffs on China scheduled for December 15th are currently still planned to take effect unless something substantial changes in the position of China.  Additionally, and interestingly on the French and EU tariffs, Secretary Ross reminds the financial pundits of the $7.5 billion WTO authorized award against the EU that would be in addition to the $2.4 billion in tariffs now scheduled for French products.

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Pay attention to what Ross says in that interview; the administration is being remarkably open and consistent.  Given the adversarial position exhibited by French President Emmanuel Macron today; and against the backdrop of continual EU intransigence on trade reciprocity; I suspect once the USMCA is passed we are going to see a *severe* shift in tone within the U.S. trade position toward both China and the EU.
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President Trump begins the U.S. participation in the 2019 NATO Summit with a substantive one-on-one meeting with General Secretary Jens Stoltenberg. President Trump took numerous questions from the media. [Video and Transcript Below]

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[Transcript] – PRESIDENT TRUMP: Well, thank you very much. It’s a great honor to be with Secretary General Stoltenberg of NATO. This is our first meeting, meaning my first meeting of this trip. But we’ve met many times.
I think he’s doing a fantastic job. I’m a big fan. His contract was extended; I was very happy about that. But you really are — you’re doing a fantastic job. We appreciate it.
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President Donald Trump and First Lady Melania Trump attend the 70th Anniversary NATO Summit in London, England. The U.K. is five hours ahead of U.S. Eastern Time. The President and First Lady are staying with Ambassador Woody Johnson at the Winfield House, the official Ambassadors residence.
The Day One schedule includes breakfast with NATO Secretary Jens Stoltenberg, two bilats with Emmanuel Macron (one private), a bilat with Justin Trudeau, and two diplomatic receptions: Buckingham Palace and No. 10 Downing Street.

♦4:10am ET / 9:10am Local – THE PRESIDENT participates in a 1:1 meeting with the Secretary-General of the North Atlantic Treaty Organization, Jens Stoltenberg, London, United Kingdom
♦4:30am ET / 9:30am Local – THE PRESIDENT participates in a working breakfast with the Secretary-General of the North Atlantic Treaty Organization, Jens Stoltenberg, London, United Kingdom
♦6:00am ET / 11:00am Local – THE PRESIDENT departs Winfield House en route to the InterContinental London Park Lane, London, United Kingdom
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The leaders of the twenty-nine NATO member nations are scheduled to meet next week in London, England.  Amid consistent pressure on the member states for increased defense spending to live up to their prior 2014 promises (Wales summit); and with NATO economies in a stalled geopolitical stasis due to their attachment to China (5G telecom), Russia (Nordstream II), and Iran; this summit holds increased possible ramifications.
This NATO summit could very well expose the duplicity and hypocrisy of the EU depending on how far U.S. President Donald Trump is willing to call them out.
There are going to be a lot of nervous snake handlers around the table(s), and with the U.K. elections in the near future there is a great deal at stake. The summit is Tuesday and Wednesday.  Here’s the White House background briefing:
[Transcript] – SENIOR ADMINISTRATION OFFICIAL: Good morning, ladies and gentlemen. I just want to thank everyone for being here today, Friday after Thanksgiving.
Just up front, this call is going to be on background, attribution to a senior administration official, and there will be an embargo on the contents of this call until it’s completed.
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Two people were killed and up to five more stabbed as a terrorist used two knives to attack the public in London, England.  The attack happened near (and on) the London Bridge and the terrorist wore a dummy explosives vest.   Members of the general public tackled and disarmed the terrorist until police arrived moments later and shot him.
British authorities have confirmed the attack was a terrorist incident.  London Mayor Sadiq Khan has promised the British people he will write a strong letter of condemnation.

(Via Daily Mail) – Two innocent members of the public have died after a knifeman went on a rampage this afternoon in London.
Armed police shot dead a knifeman wearing a fake suicide vest today after he stabbed up to five people in a shocking terrorist attack as frightened crowds fled the scene.
Witnesses on the scene said the man had been brandishing two knives and had attacked people on the north side of London Bridge before running into the centre at around 2pm.

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