Kudlow: Highly Anticipated Dinner Between Chairman Xi and President Trump "Went Very Well"…

The U.S. delegation headed by President Trump and the Chinese delegation headed by Chairman Xi Jinping attended a much anticipated bilateral dinner at the conclusion of the G20 summit in Argentina.  The dinner lasted for two and a half hours:


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Immediately following the dinner the U.S. delegation went straight to Airforce-One for the flight home.
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G20 Bilat #2 – President Trump and Australian Prime Minister Morrison…

U.S. President Donald Trump meets with the Prime Minister of a nation who used their intelligence network in an effort to defeat him in the 2016 campaign…  Weird.


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[Transcript] Buenos Aires, Argentina – 3:08 P.M. AST – PRESIDENT TRUMP: Thank you very much, everybody. It’s an honor to be with the Prime Minister of Australia, Prime Minister Morrison. And we’ve just gotten to know each other, and so far, so good, I have to tell you. I think it’s going to be a great relationship. And we certainly anticipate having a fantastic relationship — always — with Australia.
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G20 Trilat – President Trump, Japanese PM Shinzo Abe and India's Prime Minister Modi…

An important trilateral meeting between President Trump, Prime Minister Abe and Prime Minister Modi which forms an important economic alliance for President Trump’s Indo-Pacific economic strategy.  This larger geopolitical strategy is the counterweight to China’s One-Belt/One-Road (red dragon) maneuver.


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[Transcript] Buenos Aires, Argentina – 2:39 P.M. AST – PRESIDENT TRUMP: Thank you very much. It’s a great honor to be with Prime Minister Modi of India, and, as you know, Prime Minister Abe of Japan. And we just had a great meeting, and we’re having now what we call a “trilat.”
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G20 Bilat – President Trump and Prime Minister Shinzo Abe…

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe hold a bilateral meeting at the G20 summit in Buenos Aires, Argentina. (Video and Transcript) PM Abe represents one important leg of the “indo-pacific” economic/trade realignment, being carried out by President Trump.


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[Transcript] Buenos Aires, Argentina – 1:50 P.M. AST – PRESIDENT TRUMP: So it’s a great honor to be with my friend, Shinzo Abe, Prime Minister of Japan, who has just had a very big success in his election. He won by a massive amount. And I’m not surprised at all.
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Panda Requests "Fair Minded" Trade Discussion in Advance of G20 Dinner…

President Trump took all the ‘dragon slayers’ with him to Argentina likely anticipating a rapid Chinese evolution from Panda to Dragon.  Trump’s delegation selection sends exactly that message.  If cunning Chairman Xi exhibits wounded sensibilities, well, tough.
China deployed the panda mask for over a year in an effort to wait-out President Trump, fair enough; however, that strategy has a severe downside.
If lack of engagement is part of Beijing’s economic defense mechanism, ie. retaining the status quo,  you can expect President Trump to provoke the confrontation.
Does Xi feel rucky?

SHANGHAI (Reuters) – China and the United States can reach a trade agreement at the G20 meeting in Argentina this week, the state-run China Daily newspaper said in an editorial on Friday, but Washington must be “fair minded” if it wants to defuse spiraling tensions.
“Beijing wants a deal, just as Washington does. And it is willing to cooperate with Washington in dealing with concerns about trade if they are fair-minded,” the paper said.

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President Trump Discusses His Decision Not to Declassify "Spygate" Documents…

The New York Post has an article today, surrounding an interview with President Trump, where the topic of declassifying the evidence behind ‘Spygate’ surfaced.
To say there is a massive schism amid supporters of the President on this issue would be an understatement.

On one hand the declassification would potentially, and finally, outline the scale of the FBI/DOJ politicization and weaponization of intelligence against the President – exposing the entire ‘spygate’ scandal in all its glory.  On the other hand that potential is also seen as political leverage against the schemes of DC and all the characters.
Here’s the quotes that matter:

(New York Post) […]  “If they go down the presidential harassment track, if they want go and harass the president and the administration, I think that would be the best thing that would happen to me. I’m a counter-puncher and I will hit them so hard they’d never been hit like that.”
“I think that would help my campaign. If they want to play tough, I will do it. They will see how devastating those pages are.”

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USMCA Consequences – BMW Chief Says Considering Additional Auto Plant Operations in U.S…

The issue is basic to the construct of the USMCA (NAFTA replacement).
BMW made a multi-billion-dollar investment in Mexico in anticipation of exploiting the NAFTA loophole.  President Trump has closed the loophole.  The new USMCA agreement requires 75% of automobile parts made in North America; and 45% must come from plants with minimum labor costs ($16/hr), or face tariffs upon export to the U.S.
As a result BMW is now considering opening those higher-wage component supply operations in the U.S.

LOS ANGELES (Reuters) – BMW (BMWG.DE) is considering a second U.S. manufacturing plant that could produce engines and transmissions, Chief Executive Harald Krueger said on Tuesday, shortly after a report that U.S. President Donald Trump would impose tariffs on imported cars from next week
[…] BMW is considering changes to U.S. operations as sales in the region grow, Krueger said. BMW has a U.S. vehicle assembly plant, in South Carolina, is planning to open a Mexico factory next year, and is considering changes to its current scheme of importing engines and transmissions.

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Mexico To Award Nation's Highest Honor To Jared Kusher for Efforts Around USMCA Trade Negotiations…

A small but interesting development in the relationship between the U.S. and Mexico highlights a backstory CTH suspected several months ago {Go Deep}. August 25th:

As USTR Robert Lighthizer was working with the trade officials representing outgoing Mexican President Peña Nieto, White House adviser/emissary Jared Kushner was quietly working behind the scenes with AMLO trade adviser Jesus Seade and outlining the possibilities if they partnered with strategic economic objectives in mind.
As a result of Kusher’s dogged efforts to bring an entirely new dual-nationalist ‘focus’ within the trade construct, removing the historic globalist baseline, the outcome of the trade deal is excellent for both the U.S. and Mexico.  So today:

MEXICO – […] Kushner will receive the prize “for his contributions to achieve the negotiation of the new United States-Mexico-Canada Agreement (USMCA),” according to a statement by Mexico’s Foreign Relations Secretariat.
Peña Nieto will present Kushner, President Trump’s son-in-law, with the award on Thursday at the Group of 20 summit in Argentina, according to the Reforma newspaper.

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Sanders, Bolton, Kudlow: White House Press Briefing…

Press Secretary Sarah Sanders, National Security adviser John Bolton and National Economic Council Chairman Larry Kudlow hold a very important press briefing from the White House.
Chairman Kudlow discusses current economic issues, and the upcoming possible trade discussions with China at the G20 meeting in Buenos Aries, Argentina. At 19:00 minutes NSA John Bolton takes over to discuss the scheduling details of the G20.  [Interesting trilateral mentioned: Trump, Modi and Abe] At 30:00 minutes Sarah Sanders takes over.


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DHS Secretary Issues Statement, Correcting False Media Accounts at Southern U.S. Border…

Secretary Kirstjen Nielsen provided the following statement regarding the recent crisis on our southern border.

“Given the activities of the last 24 hours at the San Ysidro Port of Entry, I want to provide an update on what occurred and attempt to dispel many of the rumors and much of the misinformation circulating.
“First, the violence we saw at the border was entirely predictable. This caravan, unlike previous caravans, had already entered #Mexico violently and attacked border police in two other countries. I refuse to believe that anyone honestly maintains that attacking law enforcement with rocks and projectiles is acceptable. It is shocking that I have to explain this, but officers can be seriously or fatally injured in such attacks. Self-defense isn’t debatable for most law-abiding Americans.
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