While European countries criticized the move by Trump to exit the Iran deal, the challenge for their domestic businesses is to weigh the potential loss of American business against deals with Iran that are minuscule by comparison.
U.S. Ambassador Richard Grenell has been meeting with numerous CEO’s within Germany to inform them:  “either do business with Iran or the U.S., but not both.”

(Bloomberg) — U.S. President Donald Trump’s desire to isolate the Iranian economy seems to be working.
Within hours of Washington unveiling its first round of sanctions, German carmaker Daimler AG froze a plan to make Mercedes Benz trucks in Iran. That’s even after the European Union tried to salvage the Iran nuclear deal by pledging to protect firms from Trump’s assault.

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The Chairman of the National Economic Council, Larry Kudlow, gives an extensive interview to C-SPAN discussing his life, his career and his role in the White House.
Those who have followed the granular details of the how President Trump put together his team -to carry out decades-long discussed policy- will find this interview interesting. Kudlow has evolved in the past year from a MAGAnomic supporter to a MAGAnomic advocate.

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Luke Rosiak, investigative reporter for The Daily Caller, revealed earlier tonight the name of the Chinese Spy employed by Senator Dianne Feinstein (D-Calif.) for several decades. Russell Lowe began working with Dianne Feinstein in the 1970’s.   According to prior reporting by CBS Lowe passed along information gained from Feinstein to the Chinese government.

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(Via Daily Caller) […] Hankoryeh, a South Korean news publication, described Lowe in October 2017 as “a Chinese-American who spent 20 years as the aide to Dianne Feinstein.” Lowe visited the publication’s Seoul office at that time with former Democratic California Rep. Mike Honda, who left office in January 2017 after losing to progressive challenger Ro Khanna in 2016.
Feinstein has said that the spy had “no access to sensitive information,” and the former staffer was never prosecuted. (read more)
Additionally, internet research done by @almostjingo via Twitter reveals that Feinstein’s relationship to Russell Lowe goes back much further than her time in the U.S. Senate.
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National Security Advisor John Bolton appears on Fox News with Lou Dobbs to discuss the renewed sanctions against Iran and the U.S.-China trade dispute.

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The big-eared British guy wearing Linus’s T-Shirt does have a point; and asks the same question CTH has pondered before: Why do foreign governments need lobbyists?

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If there was a five-click dial available as a severity meter between the U.S. and China, something happened internally in Beijing, over the last 72 hours, because that dial just triggered movement from 3 to 4… Keep watching everything in the world of geopolitics with a mental 360° radar sweep looking for Chinese influence/interests.

Nuance and subtlety is everything in China. Culturally harsh tones are seen as a sign of weakness and considered intensely impolite in public displays between officials; especially within approved and released statements by officials representing the government.
Therefore, when we see China publicly use strong language – it indicates a level of internal disposition beyond the defined western angst. Big Panda becomes Red Dragon; there is no mid-status or evolutionary phase.

SHANGHAI (Reuters) – China’s state media on Monday lashed out at the policies of U.S. President Donald Trump in an usually direct attack, accusing him of “starring in his own carefully orchestrated street fighter-style deceitful drama”.
Trump’s wish for others to play along with his drama is “wishful thinking,” the ruling Communist Party’s People’s Daily newspaper said in an editorial.

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U.S. Trade Representative Robert Lighthizer and a delegation of out-going and in-coming Mexican trade officials have been conducting intensive NAFTA negotiation talks for the past several weeks.  The out-going Mexican officials, led by Ildefonso Guajardo, are optimistic terms of agreement can be reached with the U.S; the incoming Mexican officials led by AMLO’s Jesus Seade, not so much.
The key issue is still the NAFTA fatal flaw that allows both Canada and Mexico to exploit their access to the U.S. market as brokers for imported Asian parts, assembled in Mexico/Canada, and the finished goods shipped into the U.S.  That structural issue remains unresolved; hence the impasse.
Meanwhile, Canadian Foreign Minister Chrystia Freeland wants to reenter the trade discussion after being shut out since the beginning of May.

(Reuters) – Canada is “very keen” on concluding negotiations to renew the North American Free Trade Agreement as soon as possible, Foreign Minister Chrystia Freeland said on Saturday, amid signs of progress after months of delays.

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When President Trump withdrew the U.S. from the intensely short-sighted JCPOA (Iran deal), there was a period of preparation for our allies and partners prior to the re-institution of the first round of U.S. sanctions against Iran.   The transition period ends tomorrow as the sanctions begin August 6th, 2018.
Europe and NATO allies are under pressure to discontinue any trade action/terms with Iran as the U.S. sanctions will also apply toward any nation that engages in economic transactions with the Iranian regime.

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Representative Jim Jordan is the no-nonsense personification of the ‘git-r-done’ spirit that runs through the scruffy and beloved heart of MAGA.  An authentic guiding spirit that cannot be faked, scripted or duplicated.  Ya’ either have it…. or ya’ don’t; it’s that simple.
In another example for the keen political instincts of President Trump; he can tell from the automatic vibe that jumped in the air when he said the name “Jim Jordan”; the President calls Jordan to the stage…. and another authentic MAGA moment happens spontaneously.
Remember, Jim Jordan said in an interview just a few weeks ago that he had never met President Trump, and had never personally talked to him.  However, when POTUS Trump senses the crowd’s response to the words “Jim Jordan” he immediately identifies the importance and value.  WATCH the instinctual evolution:

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This is why POTUS travel and MAGA events are so valuable. Prior to today…. prior to this exact moment…. by custom and political tradition -as well as input from the circle around the office- President Trump was likely to support Kevin McCarthy as a natural SoH predecessor.
Not any more.
McCarthy doesn’t inspire that response.
POTUS Trump was just introduced to the MAGA inspirational and aspirational value of Speaker Jordan. Remember this moment; it matters.
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PHASE II – President Trump tweeted earlier today about the ongoing geopolitical contest that is priority #1 in defending U.S. interests and retaining our economic strength.
Do not be surprised if North Korea launches another provocative missile test soon. Watch China, not N.Korea. It’s Chairman Xi’s people in the DPRK who are taking action. Kim Jong-Un is an expendable proxy regime. The war is the U.S. -vs- China trade and economic confrontation. North Korea is the Potemkin backdrop for the Beijing puppeteer.

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As POTUS Trump and the U.S. trade team target ever increasing tariff pressure upon Beijing to change their behavior, keep a close eye on North Korea. Given the zero-sum approach of the Chinese; and their history of weaponizing the DPRK; we could expect to see Beijing roll out nuclear antagonism again in an overt effort to gain concessions.
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