Secretary Wilbur Ross Discusses China 'Phase-1' Negotiations, Brexit and USMCA…

Commerce Secretary Wilbur Ross discusses the negotiations with China and the possibility of agreement on ‘Phase-1’ aspects prior to December.  Secretary Ross is not necessarily optimistic the agreement will be made based on Beijing’s outlook toward the enforcement mechanisms and forced compliance. Ross also discusses Brexit from the position of mutual benefit.
On the subject of USMCA Secretary Ross outlines the only reason for Democrats to hold back ratification is Pelosi’s politics. [Only 20 legislative days left in 2019] Mr. Ross discusses the options if Pelosi refuses to take up ratification.  On this subject the commerce secretary does not sound optimistic.


(more…)

The Brexit Deal, The EU, and the North American Trade Aspect…

Trying to find the details within the U.K-EU Brexit deal is more difficult than finding evidence of a Yeti.  The negotiating team secrecy is inherent to the way the elites within the European systems work. Essentially the “betters” rule the proles by hiding the details and relying upon the electorate to “trust” the outlined framework of their elected superiors.
Hiding details is a feature within the European system and the way the government looks at their role.
That said, tomorrow British members of parliament will begin debating the deal for the UK to exit the EU.  The deal was modified by Boris Johnson.  A backgrounder:


.
Farage is concerned, rightly, about how the framework of the EU customs union is constructed to influence the UK after Brexit.  From what can be determined there’s a triggering mechanism where the UK and EU begin a lengthy process to construct a UK trade agreement with the EU after Brexit takes place.
Within that post-Brexit automatic trade-framework is where the European Union is seeking to retain their influence over the United Kingdom. However, it is not accurate to overlay EU influence too heavily, and here’s why….
(more…)

Peter Navarro Discusses U.S-China Trade Discussions, EU Tariffs and USMCA Importance…

Office for Trade and Manufacturing Policy’s Peter Navarro discusses the China trade negotiations, the UAW General Motors strike, U.S. tariffs in European goods, and USMCA.
On the U.S-China ‘Phase-1’ construct the key issue is going to be the enforcement mechanism to ensure any agreement has strength.  On U.S. placing tariffs on the EU due to the Airbus ruling Navarro reminds everyone the WTO ruling does not permit the EU to place tariffs on U.S. productions.  On USMCA everyone avoids telling the truth; that is  Nancy Pelosi is waiting to see what happens in the Canadian election in three days.  If Trudeau wins re-election, the USMCA will likely be scrapped (tabled) by Pelosi.


.
{*Note* We are holding-back on BREXIT-EU deal outlines until we complete reading the majority of the 2,000+ pages of UK-EU legal agreement construct.}
(more…)

President Trump Participates in Grand Opening of Louis Vuitton Factory – Alvarado, Texas – 5:30pm Livestream…

Today President Trump will be delivering remarks and participating in a ribbon cutting ceremony at a new Louis Vuitton luxury goods manufacturer in Alvarado, Texas.  The facility is expected to create 1,000 new jobs.  Anticipated start time 5:40pm ET.
UPDATE: Video and Transcript ADDED


.
[Transcript] – THE PRESIDENT: Thank you very much, everybody. Very, very much appreciated. We’ve had a tremendous day today in the Middle East. We were a little bit unconventional, and we did something that nobody has been able to do for many, many years. They’ve been trying to put things together. So we went the unconventional way, and they had some fighting and they said, “We don’t like this fighting too much. This is a little more difficult than people thought.”
(more…)

Nancy Pelosi's USMCA Strategy for 2020 is Contingent Upon the Canadian Election…

Earlier today Nancy Pelosi was questioned about why the House was not voting to pass the USMCA trade agreement.  Speaker Pelosi immediately fell back upon her talking point: “we are working toward yes.”   This is complete hogwash.  There are no discussions. Pelosi is doing what Pelosi does best, politicizing anything positive for the U.S. economy in a concerted effort to undermine Trump in 2020.
Here’s what is going on.
Nancy Pelosi and her far-left ideologues entered an agreement with their Canadian liberal allies and Justin Trudeau to stall the USMCA passage.
Trudeau’s government ideologues agreed not to call the USMCA up for a vote in the Canadian parliament.
Speaker Pelosi is waiting to see if Trudeau can win re-election.  If Canada re-elects Trudeau on October 21st, Pelosi will announce the labor provisions are not strong enough within the USMCA deal; discussions with the Trump administration are not resolving the issues; the U.S. workers are not protected enough, and she is tabling any vote.
Speaker Pelosi will then wait until after the 2020 election.  The purpose is political.
(more…)

President Trump and President Mattarella Hold Joint Press Conference – Video and Transcript…

Following their bilateral meeting, U.S. President Trump and Italian President Mattarella held a joint press conference.  President Trump disassembled the U.S. media preferred narrative on Syria.  [Video and Transcript Below]
Pay close attention to the remarks about trade and the WTO, big stuff is about to happen as the Brexit plans of Trump/Johnson kick in soon. Canadian election Oct 21st.  Watch the international trade moves over the next 45 days.  Things will shake out quickly. Bigly.


.
[Transcript] – PRESIDENT TRUMP: Thank you very much. Today, it is my honor to welcome President Sergio Mattarella of Italy to the White House. We’ve known each other for a while. We’ve dealt with each other for a while. And we’ve had some really great conversations. We’ve had a very productive discussion throughout the day with our staffs and representatives. And I look forward to hosting the President and his daughter, Laura, at a reception for Italian-Americans this evening. I look forward to that very much.
(more…)

President Trump Meets With Italian President Mattarella – Oval Office – Video and Transcript…

Earlier today President Trump met with Italian President Matarella and held a press availability in the oval office prior to bilateral discussions. [Video and Transcript below]


.
[Transcript] – PRESIDENT TRUMP: Well, thank you very much. It’s a great honor to have the President of Italy with us. He is a man of great distinction. He’s highly respected in this country. And it’s nice to have you at the White House. Thank you very much, Mr. President.

We’ve had a great relationship with Italy for a long time. I don’t think it’s ever been closer than it is now. We have won a $7.5 billion award from, as you know — I guess it’s been pretty big news. And I know that this is against the European Union and World Trade — good ole World Trade. For a long time, they’ve been taking advantage of the United States. And I know Turkey is going to talk to us about their share of it because they feel they shouldn’t have to pay so much.

(more…)

Commerce Secretary Wilbur Ross Outlines U.S. Trade Policy and Goals of Administration…

Commerce Secretary delivered a speech to the Federalist Society today as he explained U.S. trade policy under President Trump and the long-term goals and objectives.


(more…)

Trump's Syrian Maneuver Works – President Erdogan Asks for Negotiations With Kurds in Syria…

President Trump has played this out perfectly.  By isolating Turkish President Recep Erdogan, and effectively leaving him naked to an alliance of his enemies, Erdogan is now urgently asking for the U.S. to mediate peace negotiations with Kurdish forces.
This request happens immediately after President Trump signed an executive order [See Here] triggering the sanction authority of Treasury Secretary Steven Mnuchin.  Erdogan called the White House requesting an urgent phone call with President Trump.
After President Trump talked to Kurdish General Mazloum Kobani Abdi, the commander of the Kurdish-led Syrian Democratic Forces, President Trump then discussed the options available to President Erdogan.  As a result of that conversation, Erdogan requested the U.S. mediate negotiations.  Vice-President Mike Pence announces he will be traveling to the region with National Security Advisor Robert O’Brien to lead that effort.  WATCH:


(more…)

President Trump Announces Initial Economic Action Against Turkey – Erdogan Left Naked to His Enemies…

President Trump prefers to use targeted economic weapons instead of the U.S. military forces against foreign adversaries.  In keeping with this strategy President Trump is announcing a set of economic sanctions and tariffs against Turkey for their decision to cross into Syria and create a crisis amid all regional interests.  (Source)
(more…)