It’s not a bluff; it’s never a bluff…. He doesn’t bluff.  I’ve looked through the interviews, writing and granules of opponents describing hundreds of deals, and I cannot find a single person who ever said that Donald Trump was bluffing during any negotiations.

NYT cont. […] In recent days, officials from the Commerce Ministry, the police and other agencies have summoned exporters to ask about plans to lay off workers or shift supply chains to other countries.

With stocks slumping and the currency dropping 9 percent against the dollar since mid-April, censors have been deleting a torrent of criticism online, some of it directed at President Xi Jinping’s leadership.  State news outlets, by contrast, have sought to promote the official line, with the authorities restricting the use of the phrase “trade war.”

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The National Federation of Independent Businesses (NFIB) is an assembly and survey of small business owners throughout the U.S.  In the latest survey (full pdf here) overall optimism is the second highest ever recorded at 107.9 (the highest reading was 108 in 1983).

The full press release is available here.  The full pdf of the survey is available here. The executive summary outlines the overall content and highlights the sentiment amid Main Street U.S.A.:

[…] Although some panned any celebration of the 4.1 percent second quarter GDP growth, small business owners beg to disagree. At least in the small business sector of the economy, Main Street’s performance over the last 21 months is unprecedented based on reports for the past 45 years by hundreds of thousands of NFIB’s member firms. Owners have never been so optimistic for so long. This has translated to improved employment and investment spending that buoys GDP growth, even at the end of what will be the longest expansion in modern history.
Consumer sentiment is at record high levels. Consumer spending, which accounts for 70 percent of our economy, posted 4 percent growth in Q2. Historically revised data show that consumers have been saving much more than thought, and income gains in recent months have been solid, providing support for spending in the second half. The record levels of firms reporting higher compensation is a clear indication that wages will be rising further in the second half.

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We shared a discussion thread several months ago about how the media are enmeshed within the story of the DOJ and FBI corruption. However, only recently did we discover the media engagements were not just pervasive, they were/are participatory.
As a consequence the same media cannot reasonably report on any aspect of the story without exposing their own duplicity; their only choice is to double down on lies they helped create and promote.

In preparation for explosive developments soon to reach critical mass CTH strongly urges everyone to think carefully about these recently discovered empirical truths:

#1) The Senate Select Committee on Intelligence had the full, unredacted, FISA application on Carter Page since March 17th, 2017.  Think carefully about that. Think about what every member of that committee has said since March 17, 2017.

#2) With the leak of the Top Secret FISA application, by James Wolfe to Ali Watkins, Buzzfeed, The Washington Post and New York Times have had the full, unredacted, FISA application in their possession since March 17th, 2017.  Again, think carefully about that.  Think about all of their reporting since March 17, 2017.

#3) As a direct consequence of #1 and #2 – The media have deliberately, and with specific intent, falsified their reporting and kept the truth hidden which would undermine their false reporting.  Again, think very carefully about the ramifications.

The media’s role in the DOJ/FBI corruption scandal is not only pervasive, it’s participatory.
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House Intelligence Committee Chairman Devin Nunes is currently traveling in Europe and calls-in to Maria Bartiromo to discuss the natural gas pipeline that would reduce Russia’s energy influence in the region.
In the aggregate – the energy initiatives supported by President Trump and U.S. policy is an extension of the Trump Doctrine to use economic power, and specifically energy supplies therein, as an alliance tool to disrupt international states who weaponize energy to control energy-dependent states; thereby neutralizing malevolent interests/influence.
At 05:15 the topic switches to discussion of the ongoing oversight review of conduct from corrupt officials within the DOJ and FBI.  WATCH:

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Methinks Maria Bartiromo is the only media person who has caught on to “the secret“.
Within her wording and presentation today, inside this interview Fox News Maria Bartiromo hints toward her understanding of the Trump trade strategy as it pertains to Mexico, Canada and ::cough:: NAFTA ::cough::

 Nudge/Nudge – Elbow/Elbow – Wink/Wink – Say no more/Say no more!

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After the end of Round #6 (January 2018), it was obvious to POTUS Trump a NAFTA renegotiated deal was impossible.  In March, 2018, Team Trump stealthily began moving in a different direction.  In June,2018, Canada accidentally made the admission there were no ongoing talks between the U.S. and Canada.  The reasoning is simple yet stunning.
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Earlier today U.S. Trade Representative Robert Lighthizer messaged a warm birthday greeting to Mexican Foreign Secretary Louis Videgaray during ongoing negotiations between the U.S. and Mexican trade teams (video below).

Canada is FUBAR. No-one quite knows how FUBAR Canada is, because no-one has  followed the brilliant Wolverine crew closely enough to spot the strategy.
At the strategic direction of President Trump; and it is a really brilliant workaround strategy; the U.S. and Mexican teams are approaching the current NAFTA negotiations from a position of bilateral trade.   Trade watchers, Wall Street experts, financial pundits and the entire media apparatus are missing what Team USA are doing right in front of their faces…. they’ve obviously never followed or studied Trump’s out of the box problem solving when it comes to complex deals.
I won’t rehash the NAFTA flaws; familiar CTH readers know them well.  However, the bottom line is NAFTA is NOT, repeat N.O.T being renegotiated. I was going to remain silent, but I think it’s safe, Lighthizer is close enough to a deal to explain what’s happening.
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The most corrupt part of congress is the Senate Select Committee on Intelligence (SSCI).  The SSCI is the center of the deepest part of the Deep State swamp.
The SSCI never, ever,  E.V.E.R… does anything that does not protect and advance the self-interest of the corrupt Washington DC professional political class.

Apparently the SSCI wants to interview WikiLeaks founder Julian Assange, in a closed session.

WASHINGTON— The Senate Intelligence Committee wants to interview WikiLeaks founder Julian Assange as part of its investigation into Russian interference in the 2016 election.
That’s according to WikiLeaks, which tweeted Wednesday that a letter was delivered to Assange in London seeking a “closed interview” with committee staff at a “mutually agreeable time and location.”

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According to Chuck Ross reporting: “Congress recently got a trove of Bruce Ohr emails which include exchanges with Chris Steele and others. Source says emails show that Ohr is more significant player in dossier component of FBI/DOJ investigation than originally thought.”
Additionally, John Soloman has an article at The Hill detailing some of the released communication – SEE HERE. Solomon is also saying he will post the leaked documents shortly.

(The Hill) […] They show Bruce Ohr had contact with Steele in the days just before the FBI opened its Trump-Russia probe in summer 2016, and then engaged Steele as a “confidential human source” (CHS) assisting in that probe.
They also confirm that Ohr later became a critical conduit of continuing information from Steele after the FBI ended the Brit’s role as an informant.
“B, doubtless a sad and crazy day for you re- SY,” Steele texted Ohr on Jan. 31, 2017, referencing President Trump’s firing of Sally Yates for insubordination.
Steele’s FBI relationship had been terminated about three months earlier. The bureau concluded on Nov. 1, 2016, that he leaked information to the news media and was “not suitable for use” as a confidential source, memos show.

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Today U.S. Trade Representative Robert Lighthizer announced the second tranche of tariffs on Chinese imports (full list pdf below).
The 25% tariff mostly includes chemical compounds and material parts used in the manufacture of finished goods.

Washington, DC – The Office of the United States Trade Representative (USTR) today released a list of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technology and intellectual property.  This second tranche of additional tariffs under Section 301 follows the first tranche of tariffs on approximately $34 billion of imports from China, which went into effect on July 6.
The listcontains 279 of the original 284 tariff lines that were on a proposed list announced on June 15.  Changes to the proposed list were made after USTR and the interagency Section 301 Committee sought and received written comments and testimony during a two-day public hearing last month.

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As many have discussed, due to their volume requirements China cannot secure their supply chain for soybeans without purchasing U.S. soybean crops.   China can purchase soybeans from Brazil and Argentina; however, that only leads to Argentina increasing it’s soybean purchases from the U.S.  Amplifying this issue are current lower yields from South America in their soybean crops.

…“There is a risk that China will have to cut back its livestock production, implying higher prices on the domestic market.”…

(Reuters) – China may have to start buying U.S. soybeans again in coming weeks despite the trade war between the two countries as other regions cannot supply enough soybeans to meet China’s needs, Hamburg-based oilseeds analysts Oil World said on Tuesday.
In July, China imposed import tariffs on a list of U.S. goods, including soybeans, as part of the trade dispute with the United States. China is the world’s largest soybean importer and has been seeking alternative supplies, especially in South America, where supplies available for export are down.

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