This is the best video to adequately review the full nuance and scale of consequence within the oval office meeting between the Chinese trade delegation and the U.S. team.  As previously noted, President Trump delivered brutally honest remarks about expectations to both teams that likely, strategically and purposefully, caught Chinese Vice Premier Liu completely off guard.
U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, AG Secretary Sonny Perdue, NEC Chairman Larry Kudlow, U.S. Ambassador to China Terry Brandstad, Trade Adviser Peter Navarro with China’s Vice Premier Liu He, and multiple Chinese vice ministers/senior officials were all in the Oval Office for a discussion of current trade status…. and the outcome was epic.
ENJOY:

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Jumping Ju-Ju Bones….  I’ll get a video and transcript downloaded soon, but boy howdy… Thirty years of President Trump -vs- China trade just roared to the surface in the Oval Office.

U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, AG Secretary Sonny Perdue, NEC Chairman Larry Kudlow, U.S. Ambassador to China Terry Brandstad, Trade Adviser Peter Navarro with China’s Vice Premier Liu He, and multiple Chinese vice ministers/senior officials were all in the Oval Office for a discussion of current trade status…. and the outcome was epic.
Secretary Mnuchin announces the Chinese delegation will be staying in DC for an additional two-days of negotiations.   Heck, he’s got em.  The Chinese team can’t leave, not without a preliminary deal, because Trump is going to Vietnam next week and the phase-two tariffs kick in March 1st.
While Vice Premier Liu is seated directly in front of him POTUS Trump answers a reporter question about Chinese technology and cyber-security.  Trump notes that he wants open and fair tech competition, but if China represents a security threat… well, that changes the dynamic.  Liu is seated right in front of President Trump….  EPIC !
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With about a week left before the second phase of U.S. tariffs is scheduled to hit Chinese imports both the U.S. and China trade delegations met today in an ongoing effort to hammer out details about enforcement mechanisms.   The tension is thick enough to cut with a knife…

Beijing’s Red Dragon team is focused on putting together a six step Memorandum of Understanding, the Panda MOU, they hope will convince President Trump to delay any tariff action.  This cunning procedural approach is China’s historic tactic when confronted about the reality within their trade behavior and economic duplicity.   However, USTR Robert Lighthizer is well aware and unwilling to follow the path of historic failure.
These talks are intense; it is difficult to appropriately frame how consequential these negotiation sessions are. Because the trillion dollar stakes are so high; and because China is unfamiliar negotiating with a government delegation they have not purchased; this is the type of hard-line negotiation that could never be attempted by any other administration other than President Donald Trump.  It is rather epic when you stand back and consider the larger landscape.
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You might remember back in May 2018 when sketchy porn lawyer Michael Avenetti was releasing U.S. Treasury notifications on Michael Cohen received from an unknown source within the Treasury Department [See Here].  You might also remember when New Yorker’s Ronan Farrow wrote a sympathetic article after talking to the leaking treasury official [See Here].
As a result the Treasury Inspector General began an investigation.
John C. Fry, 54, was an intelligence analyst with the IRS’s law enforcement arm in San Francisco.
According to the North California U.S. Attorney’s Office (full pdf below) after searching for IRS activity reports related to Michael Cohen, Mr. Fry shared the information with creepy porn lawyer Michael Avenatti and was also a source for Ronan Farrow.
[scribd id=400201106 key=key-fk9HW5L4UiMg8E8oPlRw mode=scroll]
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CTH NOTES – There’s more here than currently surfacing…. I’m not sure what it is, but if you review the left-wing granular reporting carefully, (CNN HERE), there’s a bigger story hiding under the umbrella of this one.
The IRS has an Obama-era history of being weaponized by political activists inside the organization in concert with the Eric Holder’s DOJ.  The location of this story; plus a reminder that Eric Holder was hired by the State of California as their legal counsel; plus the participant Mr. Fry failing to accept a plea deal; equals: there’s someone/something larger attached to this story.  It just doesn’t past the initial review ‘sniff test’.
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Asia expert Gordon Chang discusses the U.S.-China trade negotiations with Lou Dobbs and why President Trump should consider raising tariffs on Chinese imports on March 1st.
Massive pressure is being applied by Chinese purchased interests including Wall Street, the multinational corporate lobbying groups; the U.S. Chamber of Commerce and all of the global financial elite, to oppose President Trump’s confrontation with Beijing.

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President Trump Yesterday:
Q How confident are you that it will be finished by March 1? Or are you considering extending that deadline?
THE PRESIDENT: Well, they are very complex talks. They’re going very well. We’re asking for everything that anybody has ever even suggested. These are not just, you know, “let’s sell corn or let’s do this.” It’s going to be selling corn but a lot of it — a lot more than anyone thought possible. And I think the talks are going very well — with China, you’re referring to?
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Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO), World Bank and International Monetary Fund (IMF), control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.
The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.
In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar; but the truth is ‘global markets‘ have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.
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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. middle-class.  He is fighting, almost single-handed, at the threshold of the abyss. Our interests, our position, is zero-sum; if POTUS Trump fails, there will never be another available route to confront the Big Club.
President Trump’s aggregate opposition seeks to repel and retain the status-quo. They were on the cusp of full economic control over the U.S. just before candidate Trump snatched away their victory.  There are trillions at stake. They won’t make that mistake again.
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United States Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin concluded the second round of trade negotiations in China with a meeting with Chinese Chairman Xi Jinping and Vice Premier Liu He.
Both teams are working on a way-point memo of understanding (MOU). Talks will continue. Both sides extending diplomatic courtesies and presenting an optimistic face.

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[White House]  This week, at the direction of President Donald J. Trump, officials from the United States traveled to Beijing to continue negotiations on the trade relationship between the United States and China. On the United States side, the talks were led by Ambassador Robert E. Lighthizer, the United States Trade Representative, and the Honorable Steven T. Mnuchin, the Secretary of the Treasury.
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The Bureau of Labor Statistics released the latest consumer price information today which shows overall low inflation at 1.6 percent (with energy price deflation, and flat food prices).
Excluding food and energy costs the total CPI remains low at 2.2%.   This low inflation is the exact opposite of what financial media were predicting when President Trump began the series of import tariffs in 2017, which continued throughout last year.

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When President Trump began the tariffs against global Steel and Aluminum imports; and when President Trump began the first set of tariffs against Chinese imports; almost all financial media went into fits of apoplexy claiming we would see massive increases in prices.   Reality shows their doomsday predictions were completely over-hyped.
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Secretary of Treasury Steven Mnuchin and U.S. Trade Representative Ambassador Robert Lighthizer are currently leading another round of trade negotiations in China.  Recent reporting indicates the U.S. team will meet with Chairman Xi Jinping at the conclusion of this round of discussions.

At the conclusion of the previous round of discussions in Washington DC, President Trump invited the Chinese delegation to the Oval Office. The surface panda-face diplomacy appears to be based on reciprocity; however, there is no indication President Trump and Chairman Xi are making any efforts for a meeting.

BEIJING – China’s President Xi Jinping “is scheduled to meet” key members of the US trade talks delegation, including US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin, in Beijing on Friday, according to sources close to the matter.

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