Mexico Economy Minister Ildefonso Guajardo Now Fears NAFTA Collapse…

Mexico’s Economy Minister Ildefonso Guajardo has a different perspective today than prior to the beginning of NAFTA renegotiation.
Before NAFTA round #1 began Minister Guajardo stated angrily if the U.S. did not concede to the demands of Mexico his government would flood the U.S. with drugs and illegal aliens.
However, in the face of actually seeing NAFTA discussions possibly leading to collapse, Mr. Guajardo has a change in tone.  The minister is looking at alternatives, bi-lateral trade deal options are analyzed, and the reality of the Mexican economic position is settling in.
What happens next? Mexican officials are dispatched to Washington DC to enlist the lobbying efforts of K-Street and their allies in the U.S. CoC.  “Halp“:

MEXICO CITY (Reuters) – Mexico sees a serious risk the United States will withdraw from NAFTA and is preparing a plan for that eventuality, Economy Minister Ildefonso Guajardo said on Tuesday, calling talks to renegotiate the deal a “roller coaster.”
[…]  “This is not going to be easy,” Guajardo said at a meeting with senators in Mexico City. “The start of the talks is like a roller coaster.”

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Trade Stuff: Trump Refuses Chinese Steel Compromise – Mexico Sees NAFTA Collapsing, Turns to China…

There is an saying people use to criticize President Trump based on the people around him:

“People are policy, and policy is people”…

The basic argument is that Mr. Trump can be swayed or distracted from his mission by his staff and those he hires.
This is a common catch-phrase brought about by historic and conventional wisdom.  However, when applied to President Trump, it’s also just plain wrong.
No similar cliche is appropriate for Donald Trump, nothing deters or influences him from his larger decades-long ‘America-First’ economic strategy. Nothing.
Donald Trump is the policy. There’s no assembly of advisers on economic issues that can ever sway his instinct.
Example:

(Reuters) – U.S. President Donald Trump last month rejected a Chinese proposal to cut steel overcapacity, despite the endorsement of some of his top advisers, the Financial Times said, citing people familiar with the matter.
Beijing proposed cutting steel overcapacity by 150 million tonnes by 2022 in a deal twice rejected by Trump, who instead urged advisers to find ways to impose tariffs on imports from China, the paper said, citing the sources.

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North Korea Launches Another Missile – Attempts Escalation By Crossing Northern Japan…

Beijing (China) is attempting to “trigger” President Trump’s internal neo-con and militaristic opposition. Stay frosty, avoid emotional reports demanding military engagement, and remain steady with a high altitude perspective.
Multiple reports now confirming that North Korea has conducted a missile test. The flight path escalates the issues by crossing over part of Northern Japan. In essence, Beijing China just threw an elbow at President Trump. [The likely “Why” follows breaking report]

TOKYO (Reuters) – North Korea fired a missile that passed over northern Japan early on Tuesday, the Japanese government said. The government’s J-Alert warning system advised people in the area to take precautions, but public broadcaster NHK said there was no sign of damage.
The Japanese military did not attempt to shoot down the missile, which passed over Japanese territory around 6:06 a.m. local time (2106 GMT). (Reuters)

Japanese Prime Minister Shinzo Abe, speaking to reporters in Tokyo after the launch, said the missile appeared to have passed over airspace and that the government was urgently collecting intelligence on the incident and doing everything to ensure the safety of its citizens, according to remarks broadcast on NHK, Bloomberg News reports.
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President Trump Meets with President Niinistö – Oval Office Remarks…

President Trump met with Finland’s President Niinistö in the Oval Office prior to the East Room press conference. During their remarks President Trump discusses his upcoming trip to Texas and the ongoing coordinated efforts between federal, state and local officials in the massive impact zone.


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Washington Times: Fed Policy Powerless to Influence Inflation…

In 2015 we discussed candidate Trump’s economic positions and how they would impact the economy.  CTH anticipated that MAGAnomics would be reversing three decades of federal reserve fiscal policy. After about a year of analysis and discussion, in 2016 CTH presented a theory: “A new Dimension in Modern Economics“.
CTH shared a possibility of what could happen if Trump Economic Policy was shifted to favor Main Street over Wall Street.  One aspect we presented was how Federal Reserve monetary policy would be oddly disconnected from its ability to influence inflation.
Washington Times today:

(Article Link)

While the issues inherent within economic influences can be riddled with complexity, we remain optimistic that MAGAnomics will be very very successful.
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Sunday Talks: Secretary Rex Tillerson -vs- Chris Wallace

Secretary of State Rex Tillerson appears on Fox News Sunday with guardian and gate-keeper of the swamp Chris Wallace.


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[Transcript] QUESTION: Mr. Secretary, welcome back to Fox News Sunday.
SECRETARY TILLERSON: Pleased to be here, Chris.
QUESTION: Before we get to foreign affairs, I want to ask you as a native son of Texas and as the former chairman of and CEO of ExxonMobil your thoughts about Hurricane Harvey and especially the impact it’s having in the oil and gas sector there on the Gulf coast.
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U.N. Ambassador Nikki Haley Discusses Iran, North Korea and New Economic Sanctions Against Venezuela…

United States Ambassador to the United Nations, Nikki Haley, recently visited the IAEA (International Atomic Energy Agency) to review the ongoing JCPOA (Joint Comprehensive Plan of Action) as they continue to monitor Iran’s nuclear program.
Ambassador Haley outlined a summary of the IAEA meeting and fielded additional questions about North Korea and Venezuela.  She will be traveling to Washington DC on Monday to brief President Trump and Secretary Tillerson.


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As you might note from her remarks (see below), Ambassador Haley is keenly aware of the uniqueness, and effectiveness, of President Trump’s economic approach toward regional national security issues – specifically as it pertains to the recently announced Venezuela sanctions. Strong concise statements. Strong, short, effective and deliberate answers.
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President Trump Continues Strategic Trump Doctrine – Economic Leverage To Produce National Security Objectives…

It must be pointed out; it is up to us to do so.  The corporate media are hopelessly deficient in their coverage and explanations of how strategic objectives for national security are being delivered through a Trump Doctrine via economic leverage.  The results are stunningly effective, yet few have noticed, and even fewer seem willing to articulate.

The latest example of the geopolitical Trump Doctrine in action comes via Venezuela, and in the wake of a fraudulent Maduro election – the Trump administration’s economic and financial policy delivering sanctions against the rogue Maduro regime:

(Via LA Times) The Trump administration on Friday slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA.
The sanctions Trump signed by executive order are bound to dramatically escalate tensions between Venezuela and the U.S. and exacerbate the country’s economic crisis.

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Major Presser – Sarah Sanders, HR McMaster, Secretary Mnuchin, Tom Bosser – White House Press Briefing August 25th…

White House Press Secretary Sarah Sanders, National Security Adviser HR McMaster, Secretary of Treasury Steve Mnuchin and Homeland Security Adviser Tom Bosser hold an extensive press briefing to cover: Current events, Venezuela, Afghanistan, the debt ceiling and Hurricane Harvey.


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On Venezuela it is important to note the brilliance of the U.S. strategy and leverage.  The U.S. is the only remaining cash purchaser of Venezuelan oil for refinement. Both China and Russia purchase Venezuela oil, however their purchases are made via pay-downs to previous loans from China and Russia to the Maduro regime. Since the corrupt election the U.S. has not refined oil shipments from Venezuela putting massive financial strain on the regime.  (ie. economic leverage)

MEXICO CITY (Reuters) – A tanker carrying a cargo of about 1 million barrels of Venezuelan heavy crude has been stranded for more than a month off the coast of Louisiana for lack of a bank letter of credit to discharge, three sources have told Reuters.
[…] Major banks are cutting exposure to Venezuela as a result of political upheaval in the South American country. Some have closed accounts linked to officials of the OPEC member who have had sanctions leveled against them by the U.S. government and have refused to provide correspondent bank services or trade in government bonds.

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Mitch and The Big Club Opposition – It's All About The Economics…

There are Trillions of Dollars at Stake. CTH has been highlighting the hidden motivation for years.  Opposition is all about the economics folks.
Against President Trump’s promise to renegotiate trade deals, withdraw from TPP and TTIP, walk away from the fraudulent economic scheme within the Paris Climate Treaty, and renegotiate or pull out of NAFTA.  Well,… it’s called a strategy session folks:

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