President Trump headed to Iowa today for a MAGAnomic business review and workforce development and policy discussion for U.S. workers.  President Trump and Commerce Secretary Wilbur Ross participate in a workforce development roundtable:
UPDATE: Video Added

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Commerce Secretary Wilbur Ross appears on Fox News with Barf Baier to discuss the outlines of the trade agreement between the U.S. and E.U.
While there is overlap and a great deal of synergy depending on the deal being negotiated, within the central U.S. trade team each member has a specific region of responsibility to focus upon: ♦U.S.T.R Ambassador Robert Lighthizer has NAFTA; ♦National Economic Council Chairman Larry Kudlow and White House Manufacturing Policy Director Peter Navarro have China; ♦Commerce Secretary Wilbur Ross has the EU.
So it makes sense that Secretary Ross would be the point-person discussing the outlines of the U.S./E.U. trade agreement.

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The White House has announced an unanticipated joint press statement/availability between President Trump and EU President Jean Claude Juncker to be held at approximately 4:00pm EST in the Rose Garden.
Apparently the EU has agreed to President Trump’s terms on lowering industrial tariffs to enhance U.S. trade opportunities; lower non-tariff barriers to increase agricultural trade, and committed to increased import of LNG (liquid natural gas) to offset Russian energy dependence.  THIS is a developing story….
UPDATE: Video Added

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EU President Jean Claude Juncker arrives sober at the White House to discuss the ongoing negotiations between the EU position(s) on multiple issues and U.S. interests and concerns as outlined by President Trump.
There are a few primary issues: An ongoing trade reset, and the pending U.S. sanctions against Iran.  Both issues hold significant financial and economic ramifications for the European Union.  Additionally, the construct of Brexit (the U.K. exit from the EU) will determine how the structure of any bilateral trade deal will be made with Britain.  All three issues are enmeshed as President Trump leverages U.S. economic power and access to the U.S. market.

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Agriculture Secretary Sonny Perdue appears on Mornings With Maria to discuss the $12 billion bridge-aid for farmers during the ongoing trade negotiations; and concerns over the impact of tariffs.  [Expanded Backstory Here]

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Not surprisingly Secretary Perdue notes the U.S. and Mexico are close to a deal within the agriculture sector. Mexican President-elect Lopez Obrador (AMLO) campaigned heavily on correcting the same BIG-AG multinational trade issues that President Trump is confronting.
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There’s a lot of news this week reflecting a great deal of oppositional alignment against the presidency of Donald Trump. CTH can get down in the weeds of each specific issue to discuss the motives and intents (we will, and do), but the big picture MUST remain at the forefront of understanding. If we lose track of the big picture, the weeds are overwhelming.

…“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.”
~ Niccolò Machiavelli

♦POTUS Trump is disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He is fighting, almost single-handed, at the threshold of the abyss. Our interests, our position, is zero-sum. Our opposition seeks to repel and retain the status-quo. They were on the cusp of full economic victory over the U.S.

(Reuters Article Link)

Summary of Action: President Trump structuring a plan to break up multinational BIG-AG, and their “controlled markets.”  STOP  In the interim, to return to supply-side principles, POTUS Trump proposes a bridge-subsidy approach to wean farmers off exploitative, globalist, multinational “contract farming”.  STOP  In this endeavor President Trump and Mexican President Lopez Obrador will be brothers-in-arms.  FULLSTOP
President Trump is disrupting decades of multinational financial interests who use the U.S. as a host for their ideological endeavors. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie. YOU; or in this example the U.S. farmer. There are trillions at stake; it is all about the economics; all else is chaff and countermeasures.
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President Trump is emphasizing “Made in America” products at a White House event to celebrate products manufactured in the U.S.A. Approximately 344,000 manufacturing jobs have been created since the President took office:

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Everything is about the economics.  All politics is about the economics.  The current battles waged are multinationals (economic globalists) fighting to retain their position against an uprising of previously diminished economic nationalists.  Peel all the layered skin from the onion and the core issue is about money; wealth.  Always the money.

As you read this, remember – the Mexican Electoral Tribunal (a political construct similar to the electoral college) has *not* formally declared AMLO President-Elect.

MEXICO CITY (Reuters) – Mexico’s incoming president Andres Manuel Lopez Obrador on Friday slammed a decision by the electoral authority to fine his party $10 million over a campaign financing breach, calling it an “act of vengeance” against his landslide victory.
[…] “This is an act of vengeance,” Lopez Obrador said outside his team’s offices in Mexico City, accusing the INE of behaving “tendentiously” and of overreaching.
“They’re acting this way because they don’t accept the new reality,” the 64-year-old said, resorting to the sort of combative tone he used in the campaign to attack the government.

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Yesterday U.S. Commerce Secretary Wilbur Ross sat down for a discussion about the White House workforce development program that aims to bridge the skills gap for American workers.  Secretary Ross discusses the initiative and also shares insight to President Trump’s trade agenda.
The important and interesting trade discussion begins at 04:15 and Secretary Ross outlines his initial sense of contact with Mexican President-elect AMLO on NAFTA:

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On the “trade-war” meme, I have to laugh at the anonymous interest [07:25] who worries the Wall Street equity markets could lose value at a rate of 23%.  Why laugh?  Here’s my reference point – Yes “equity markets”, ie. “investment markets” will drop while the U.S. economy expands….  Yes. It will happen. Here’s why: Main Street -vs- Wall Street.
Initiative/Executive Order – Expanded HERE
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[White House]  The economy has come roaring back to life under President Trump. In May, unemployment fell to 3.8 percent—its lowest level in nearly 50 years. Optimism among employers, particularly manufacturers and small businesses, has reached historic highs in the 6 months since tax reform became law.
Many economists expect the winning streak to continue, predicting second quarter GDP growth to exceed 4 percent.  This high-energy growth environment presents both a challenge and an opportunity. The challenge is that companies must find more workers with specific skill sets to fill an increasing number of open jobs. The opportunity is that with more affordable, relevant training, many American workers will now have the chance to move into better jobs that deliver bigger paychecks:

President Trump promised to make Government work for ordinary Americans, and support for workforce training is key to that vision. “For decades the government has had more than 40 workforce-training programs in more than a dozen agencies, and too many have produced meager results,” Advisor to the President Ivanka Trump wrote this week.
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