U.S. Treasury Secretary Steven Mnuchin will be holding a press conference shortly to outline the latest sanctions against North Korea, and discuss the impact of Beijing’s central bank barring economic transactions between Chinese banks and North Korea.  Start time estimated between 2:45pm and 3:00pm EDT
Update: Video Added

Trump's new executive order bans ships and aircraft that have visited North Korea from visiting the U.S. for 180 days, White House says.

— Jennifer Jacobs (@JenniferJJacobs) September 21, 2017

SECTION TWO: Sec. 2. (a) No aircraft in which a foreign person has an interest that has landed at a place in North Korea may land at a place in the United States within 180 days after departure from North Korea. (link to Executive Order)
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During a luncheon with South Korea (Moon Jae-in) and Japan (Shinzo Abe), U.S. President Donald Trump announces new sanctions against North Korea (Kim Jong-un).
Moments prior to President Trump’s statement, Beijing (China’s Red Dragon ‘old guard’ communists), announced their central bank has instructed all of China’s banks to stop financial transactions with DPRK entities (proxy provincial financial systems).  Beijing (Red Dragon) is attempting to retain their panda mask as an economic necessity to the international community.  President Trump’s economic pressure is unrelenting:

-Panda Sees Lion Tracks In Shrinking Bamboo Forest-

China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity.  Beijing sees peace and war as coexisting with each other. China accepts and believes opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another.  Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.
The Chinese objective is to win, to dominate, using economic power.
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Beijing is quickly recognizing they have painted themselves into an economic corner. Beijing enables the DPRK.  President Trump specifically targets this reality as the solution to North Korea’s aggression: ¹Beijing tells DPRK to do stupid thing.  ²DPRK does stupid thing.  ³Trump hits Xi Jinping with economic punishment for stupid thing.
In an effort to keep the panda mask as the primary focus of the international (investment) community; and facing another set of financial sanctions by President Trump and Secretary Mnuchin; and after President Trump explains to Xi Jinping that unrelenting  economic pressure will only get worse; Beijing tells Chinese banks to cut off financial relationships with North Korea.
BEIJING/HONG KONG (Reuters) – China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid U.S. concerns that Beijing has not been tough enough over Pyongyang’s repeated nuclear tests.
Tensions between the United States and North Korea have ratcheted up after the sixth and most powerful nuclear test conducted by Pyongyang on Sept. 3 prompted the United Nations Security Council to impose further sanctions last week.
Chinese banks have come under scrutiny for their role as a conduit for funds flowing to and from China’s increasingly isolated neighbor.
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In about a week Round #3 of NAFTA renegotiations begin in Canada.  Dispute settlement and country of origin rules are widely anticipated to be key points of disagreement.
For those who follow trade and economics closely, the latest Trump trade policy outline from U.S. Trade Representative Robert Lighthizer is buckets of good news. President Trump, Commerce Secretary Ross and USTR Lighthizer willing to confront the World Trade Organization (WTO), the epicenter of multinational economics and globalism.

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WASHINGTON (Reuters) – The WTO dispute settlement system is “deficient” and has often ruled in favor of free trade that overlooks details of a trade agreement, U.S. trade envoy Robert Lighthizer said on Monday.
Speaking at the Center for Strategic and International Studies, Lighthizer, a trade lawyer, made clear that the administration was poised to push for major changes to the global trade system during upcoming meetings of the Geneva-based trade body. WTO member countries will meet in Buenos Aires on Dec 10.
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U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu meet on the sidelines of the U.N. General Assembly today in New York.
In a brief joint press availability President Trump stated an optimistic outlook, “an absolute go”, toward the potential for a peace deal between Israel and the Palestinian Authority, Mahmoud Abbas.

CTH readers will note the ongoing quiet diplomacy that has been a foundational block of the Trump administration from day-one.   In an under-reported recent development Hamas has agreed to hand Gaza to a unity government of the Palestinian Authority.
Those who follow the mid-east closely will note the need for Hamas and the P.A. to align in singular voice was a precondition to the stabilization efforts of Egypt when President Fattah al-Sisi negotiated cease-fire terms in 2014.  President Obama and Secretary of State John Kerry were cut-out from the conversation that eventually led to that cease-fire.
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CNN interview with Dana Bash, John King’s ex wife, and U.N. Ambassador Nikki Haley discussing DPRK, London Bombing, DACA and additional administration policies.
Two quick points:  #1] Overall Haley does well.  However, those who watch closely will note Haley continues to keep one solid foot in UniParty/GOPe position.  She’s straddling the MAGA fence.  Obviously evaluating her career against the party apparatchik.
#2] Don’t be surprised to see less angst toward Trump’s foreign policy strategy.  Obviously the corporate media TDS moonbats won’t change their stance; however, those who look at the larger geopolitical issues are beginning to see indications of how The Trump Doctrine is actually beginning to make significant strategic sense.  They’re late to this comprehension, but it their awakening is notable nonetheless.

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Everything is about the economics.  DACA, NAFTA, N-Korea, UniParty, all of it.  It’s the underlying financial and multinational economic constructs, being deconstructed by a U.S. ‘America-First’ President, that are driving the anti-Trump policy narrative.

When reading this article from Reuters interviewing Mexico’s Foreign Minister Luis Videgaray, remember to review through the prism of prior known activity.  On the NAFTA front, a continual 5 year review is against Mexico’s interests because it has the potential to address back-doors and work-arounds that multinationals will find in concert with a willingness on Mexico to exploit.  Wilburine ain’t no dummy.
Secondly, on the John Kelly comments, remember General Kelly participated in South American and U.S. Mexico summits as head of DHS.  Kelly knows the tenuous nature of Mexico’s economy; while it’s doubtful that Kelly used the exact terminology used by the New York Times to create an anti-administration narrative, there’s no doubt of the reality that Mexico’s economy is tenuous at best.

The head of Mexico’s central banking system, Agustin Carstens resigned last December, and continues his role within the World Bank.  President Trump’s policies are against the financial interests of Mexico.  The outflow of U.S. dollars by Mexican nationals props up the Mexican economy.  Clamp down on illegal immigration, and, well, you can see the possibility.  Remember, there are trillions of dollars at stake – and those interests extend well beyond the U.S. borders.

MEXICO CITY (Reuters) – Mexico’s foreign minister on Friday said a U.S. plan to add a five-year sunset provision to the North American Free Trade Agreement (NAFTA) was redundant, since the pact’s members can already trigger a renegotiation or leave it at any time.

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Smart move by the Trump administration, Rex Tillerson and Nikki Haley.  After showing the United Nations Security Council members the proposed resolution against North Korea last Tuesday, they are calling for a vote this Monday.
China and Russia are already on record saying additional economic sanctions would be needed; but also pushing the request for diplomatic talks more prominently.

UNITED NATIONS (AP) — The United States called for a vote Monday on a U.N. resolution that would impose the toughest-ever sanctions on North Korea, a move that could lead to a showdown with the country’s biggest trading partner China and its neighbor Russia.
The Trump administration adopted a totally new approach with this resolution, circulating an American draft Tuesday and setting a vote six days later. With previous sanctions resolutions, the U.S. spent weeks and sometimes months negotiating the text with China and then presenting a resolution to the rest of the Security Council for a vote.
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Hostage negotiations are bad ju-ju, until it’s Democrats holding the hostages.

You see,… today a  funny thing happened on the way to the ‘Trump holds Dreamers Hostage for Border Wall Funding’ party.  Apparently the ‘Democrats Held Hurricane Harvey Victims Hostage to a Debt Ceiling Deal’. Huh… funny that.

(VIA AP) Democratic leaders say President Donald Trump has agreed to a plan to fund the government and increase the nation’s debt limit for three months as part of a deal to rush disaster aid to Hurricane Harvey victims.
House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer announced the agreement Wednesday after meeting with Trump at the White House.

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As you might remember, in response to a thermonuclear atomic weapons test by North Korea Treasury Secretary Steven Mnuchin is now in the process of writing additional sanctions he will guide into the hands of U.N. Ambassador Nikki Haley.
Ambassador Haley will then create a U.N. Security Council resolution containing further economic sanctions toward North Korea using treasury department guidance.
However, as a direct result of the escalation from the DPRK, we can easily predict the final draft will not just target North Korea, but will more substantively target North Korea’s economic enablers.
This is where things get super interesting because all prior U.N. action has built upon itself to these specific ‘enabler’ state sanctions.
Through two rounds of Security Council resolutions both China and Russia have supported the economic sanctions, knowing they would use various workarounds to continue their duplicity.  However, now those sanctions become a risk to the economies of China and Russia because Secretary Mnuchin is likely to use the weight of the dollar in trade contracts as the trigger for sanctions against China and Russia.
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