Treasury Secretary Mnuchin and Secretary of State Rex Tillerson Provide G20 Debrief of Putin Meeting…

U.S. Treasury Secretary Steven Mnuchin and U.S. Secretary of State Rex Tillerson hold an off camera press conference to debrief media on the sideline discussions within the G20 meetings.   T-Rex outlines the content of the Trump/Putin meeting at length.

President Trump and Russian President Vladimir Putin met for 2 hours and 15 minutes extending their conversation by four times the length anticipated.  Both leaders covered a lot of geopolitical ground. The length of the meeting has U.S. media in meltdown mode.

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*Note* Until today virtually no-one was emphasizing the important role of Secretary Mnuchin amid all of the international issues. Again, we remind everyone, against international finance issues -including economics- Mnuchin plays the largest national security role in the cabinet. Tillerson, Mnuchin, Ross, Mattis, Kelly et al are all in sync with the larger President Trump approach toward ‘America-First’ policy and security.

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President Trump Prepares Economic Team For Upcoming Challenge – Generational Trade Geography…

A “SME” (pronounced ‘smee‘) is a Subject Matter Expert.   President Trump’s entire cabinet is an assembly of specific SME’s for a specific economic purpose.

The entire landscape of modern geopolitics is an assembly of various nations specifically focused on their economic interests.  Fundamentally, the economics of a nation is the cornerstone for their ability to hold, advance, influence and present their ideology.

Without the underlying economic capability to provide sustainability and stability, the nation, any nation, cannot maintain itself regardless of the underlying political outlook.  In short, as the old verse presents: “money makes the world go ’round“.  Everything boiled down to it’s essential core – is about economics.

The shock to the system of modern multinational financial interests was created by an earthquake known as Trump; which created a seismic shift via the 2016 U.S. presidential election outcome.

The tectonic political and economic shift was so unsettling to the global elites -who created a decades-long system of global financial interests- they have been thrashing around desperate to regain footing ever since.

All modern political alliances are based on this economic reality, and every single action taken by every member within each grouping is based on their affiliated and interconnected self-interest in the underlying economic equation.

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Trump Doesn’t Bluff – Observers, Writ Large, Continue To Find Emphasis on the Wrong Syllable…

Sharing only because CTH readers have a more thorough understanding than most; and we are entering a phase of extreme consequence.

Donald Trump doesn’t bluff.

Bluffing is for those who accept they may or may not win.  The outcome is based on an unpredictable response from the opponent.

In business or in life, go review the decades of available information and you will see that Donald Trump, now President Trump, doesn’t bluff.  It’s one of the reasons he so openly owns the downsides.  It’s also the reason he has never engaged in the stock market.

President Trump controls outcomes.

Donald Trump the person, doesn’t wait for an entity, ally or opponent to enter his orbit. He greets them at the perimeter.   Trump doesn’t sit with his back to the door, he positions to see all upon entrance.   Donald Trump doesn’t try to hide his interest, he’s quite open about any engagement he is focused upon.

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President Trump Highlights Increasing Trade Between China and North Korea…

For those who cannot see the multi-dimensional strategy here, an approach assembled for years in the aggregate and fine-tuned in the last several weeks, President Trump is reinforcing our prior analysis of his strategy:

A day before he meets face-to-face with Xi Jinping, President Trump is highlighting the enabler to North Korea.  President Trump is smartly setting up a spotlight for the entire world to see who is creating the problem, China.

President Trump will never start a military war because it’s antithetical to his entire constitution.  However, within the field of economic combat – watch out.  Not only will Trump engage in economic warfare, he’s built an armory for decades, he’s positioned to win against any opponent.  As such, the long-term adversary in this equation is not North Korea, it’s China.

To understand the longer and larger strategy, we must first remember the underpinning of all leverage, economics.  Every single aspect of national wealth and national security boils down to economics.  The true economic adversary to the United States is China.

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Secretary Rex Tillerson Issues Statement on North Korea ICBM Test…

U.S. Secretary of State Rex Tillerson issues a formal statement in response to the ICBM missile test conducted by North Korea:

The United States strongly condemns North Korea’s launch of an intercontinental ballistic missile. Testing an ICBM represents a new escalation of the threat to the United States, our allies and partners, the region, and the world.

Global action is required to stop a global threat. Any country that hosts North Korean guest workers, provides any economic or military benefits, or fails to fully implement UN Security Council resolutions is aiding and abetting a dangerous regime.

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U.S. Officials Confirm North Korea Missile Test Was Successful ICBM Launch…

U.S. Officials are now confirming the North Korean missile test was an intercontinental ballistic missile.

The ICBM, which is believed to be “two-stage,” officials said, would have a range of at least 3,500 miles, and thus be capable of reaching Alaska. (NBC link)

This launch represents another escalation by Kim Jung-Un in his ongoing quest for long-range intercontinental ballistic nuclear missiles.  The ICBM test is another in a series of violations of U.N. Security Council resolutions banning the launches, and is simultaneously a slap in the face to Chinese President Xi Jinping who is presumably trying to get North Korea to back down.

China’s support of North Korea will become even more of an issue with the increased escalations.  Understanding the perspective of President Donald Trump toward these events, we would/should anticipate a series of economic actions by the U.S. administration against China.

The U.S. cannot focus exclusively on North Korea, their enablers must be targeted for corrective leverage. Economic sanctions can increase internal regional pressure.

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Trumponomics Report: U.S. Manufacturing Activity Rises Near Three Year High…

Continuing to look at the new economy through the prism of the new dimension, CTH notes the manufacturing landscape is shaping itself as predicted.  However, the disclaimer should also be noted that most economic observers are stuck in old economic paradigms.

[…]  The Institute for Supply Management said Monday that its manufacturing index rose to 57.8 last month from 54.9 in May. Anything above 50 signals that factory activity is increasing. The measure now stands at its highest level since August 2014, pointing to solid economic growth. (link)

Overall the trend-line is very positive for a resurgence in U.S. manufacturing.  According to the report fifteen of the eighteen manufacturing industries surveyed posted growth in June.  Those gains included: furniture, machinery, fabricated metals, petroleum and coal sectors. One transportation equipment firm surveyed for the report said “demand is up 5 to 7 percent.”

The manufacturing base is responding (via investing) to predictable market patterns.  However, the rate of response (production investment) will increase in direct proportion to the upcoming (late summer) trade negotiations.  Please keep that in mind.

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H.R. McMaster and Gary Cohn Brief Media on Upcoming Presidential Trip To Poland and Germany…

For the past three days we’ve been assembling a great deal of research on visible back-channel communication amid numerous nations and their economic teams.  There are tectonic plates shifting just below the Geo-political surface, and we will be outlining many of them, along with the predictable economic outcomes (bigly), in the next few days.

In the interim, it’s useful to review the latest information from NatSec McMaster and NEC Cohen as it relates to the upcoming objectives from the next segment of foreign travel.

National Security Advisor General H.R. McMaster and Director of the National Economic Council Gary Cohn pre-brief the media on President Trump’s upcoming trip to Poland and Germany for the G20 Summit.  An important read:

[Transcript] 1:21 P.M. EDT – AIDE: Hi. Just want to restate the ground rules. Today’s briefing is off camera, on the record, and the audio is not for broadcast. It is embargoed until the end of the briefing.

And with that, I will turn the podium over to —

Q Can you make this on — can you make the audio available? Because it puts radio at a disadvantage.

AIDE: It is off camera, not for broadcast. Those are the ground rules.

And now I’m going to turn it over to General H.R. McMaster and Gary Cohn. Thank you.

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U.S. Trade Team Meet With South Korean Officials…

President Donald Trump, Vice-President Mike Pence, Secretary of State Rex Tillerson, Commerce Secretary Wilbur Ross and National Economic Council Director Gary Cohen discuss U.S. trade policies with South Korean President Moon and his accompanying economic and trade team.

It is worth noting and emphasizing the Paris Climate treaty specifically exempted China, India and SEAN (South East Asia Nations) from compliance with standards within the treaty.  This was by design of the multinational interests who constructed their economic global control mechanism under the auspices of ‘climate change’.  The climate was never the driver of the Paris treaty, it was always about multinational economic control.

With the U.S. withdrawing from the Paris Treaty, the economic trade architecture for the underlying market is now equal amid S.E.A.N (including South Korea) and the United States.  Those countries who remain within the Paris Treaty, particularly those EU entities who are attached the Transatlantic Trade and Investment Partnership (TTIP), are at a strategic disadvantage.  More on that later.

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[Transcript] 10:50 A.M. EDT – PRESIDENT TRUMP: Okay, thank you very much. We have many of our great members, our Vice President, Secretary of State, Secretary of Defense. We have several of our really wonderful leaders here. And you have your leaders with you and your representatives.

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Media Mob – President Trump’s Bodyguard Keith Schiller Catches Lamp in Oval Office…

Earlier today President Donald Trump and South Korea’s President Moon Jae-In held a traditional press availability in the Oval Office.

The mob of media rushing into the Oval Office was extreme. President Trump and security can be heard/seen saying: “easy fella’s, go easy”, as the journalists, photographers and boom mic operators all clamored for position.

Unfortunately as this media mob swarmed the room they slammed into the couches which pushed one of the end tables knocking over a lamp next to the President. Fortunately President Trump’s personal bodyguard Keith Schiller was in position and quickly caught the lamp.

Sheesh. Watch:

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Way to go Keith.

Someone needs to have a talk with these media people about having some respect and courtesy.  These people are out of control. Sheesh, what a frenzy.

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