Moments ago President Donald Trump welcomed Italian Prime Minister Giuseppe Conte to the White House for his first official visit.
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[Transcript] Oval Office – 12:28 P.M. EDT – PRESIDENT TRUMP: Okay, thank you very much. Its my great honor to have Giuseppe Conte of Italy. He’s a man who’s doing a fantastic job. I really want to thank you very much for being here. We’ve become friendly over the G7 meetings and some phone calls.
And I agree very much what you’re doing with respect to migration and illegal immigration, and even legal immigration. Italy has taken a very firm stance on the border, a stance a few countries have taken. And, frankly, you’re doing the right thing, in my opinion. And a lot of other countries in Europe should be doing it also. Some have taken that stance a long time ago, and they’re doing a lot better.
So I just want to thank you, Giuseppe, for being with us. It’s an honor. We have a lot to talk about having to do with trade, having to do with our military. You’re ordering planes, lots of planes. The United States has a very large deficit, as usual, with Italy — about $31 billion. And I’m sure we’ll straighten that out pretty quickly.
But we find it a great honor to have you with us. Thank you. Thank you, Giuseppe.
PRIME MINISTER CONTE: Thank you. It’s a big honor for me, of course. And thank you for this kind invitation, for your warm hospitality.
PRESIDENT TRUMP: You’ll always be treated warmly. Okay? Thank you very much, everybody. Thank you.
Maria Bartiromo has an exclusive interview with Vice President Mike Pence to discuss the state of the economy and the ongoing administration policies therein. VP Pence discusses the ongoing trade negotiations and the possibility of an agreement in principle between the U.S. and Mexico; a specific assignment for U.S.T.R. Robert Lighthizer.
COMMENT: From Europe, we are looking at your CNN and it really has become just propaganda and fake news. I was not a fan of Trump, but I have to say, he has done a great job probably better than any world leader. He has revised trade and has turned North Korea while your unemployment is now below 4% at 1960s level and you have a GDP growth of 4% while we have unemployment still in the 60% level among the youth and economic growth is at best 2.4%. It is hard to see why CNN turns everything negative.
HD
REPLY: It is really becoming blatant. This is one joke image going around, but it clearly demonstrates the point. America’s GDP growth is 4.1%, which is about twice that of Europe. Trump’s hardline threats of tariffs have yielded the first real new fair trade deal with the European Union. North Korea is actually returning the remains of our fallen American soldiers which have made a huge difference to many families.
The immigration issue where families were being separated was portrayed as if it was something brand new under Trump. CNN never bothered to report this was a policy that predated Trump and that Obama deported more people than any other president in history. They intentionally ignored the immigration issue under Obama and only used it against Trump demonstrating how corrupt CNN has become acting as only a political propaganda network. The damage CNN is doing to the country and the world is beyond description. My greatest concern is they are fueling a Civil War and what comes AFTER Trump? The people will NOT be satisfied with a career politician any longer. We are witnessing the Trump Revolution around the world and even within the Democrats.
Trump should stop the verbal assault on the press and reinstate the Fairness Doctrine and FORCE the press to present both sides and ned this reign of propaganda.
However, the owner of CNN, Time Warner, the Chairman and CEO Jeff Bewkes came out and stated PUBLICLY that Trump does not pose a grave threat to free speech, but rather it was the Democrats. Speaking at Business Insider’s Ignitiion, Bewkes made it very clear that the Democratic Party’s commitment to campaign finance reform was a threat to free speech. He pointed out that Hillary Clinton said she would push for a constitutional amendment to overturn Citizens United, the Supreme Court decision that lifted restrictions on political spending by corporations and interest groups. She wanted to reduce free speech that was being funded against the Democrats.
Interestingly Reuters uses the narrative from an anonymous Canadian “official” to frame an article about how global car manufacturers are coming together next week in Geneva to coordinate their strategy against the United States and President Trump.
Just let that part sink in for a moment…
Behind that context we can clearly see: 1) the economic importance of the Auto industry to the countries that are assembling; 2) their multinational corporate interest in retaining unlimited access to the U.S. market; and 3) the absolute need of all assembling corporations to find a way to keep their investments in NAFTA’s fatal flaw viable.
Who is gathering? Canada, Mexico, the EU (ie. Germany), Japan and South Korea.
Where are they going? To visit Geneva, Switzerland. Why Geneva? Because that way China can attend (see Volvo/Sweden) without being on the official roster. ::nudge, nudge:: ::wink, wink:: ::say-no-more Panda boy, say-no-more:: Additionally, Cecelia Malmström (EU Trade Minister), is the person Canada is relying upon to cover their anti-Trump position:
MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald Trump to impose tariffs on U.S. imports of autos and car parts, officials familiar with the talks said.
The Trump administration has come under heavy criticism from automakers, foreign governments and others as it considers tariffs of up to 25 percent, a levy critics warn will hike vehicle costs, hurting auto sales and global industry jobs.
Several auto manufacturing powers have been talking to each other in recent days about their fears and a possible coordinated response to Trump’s “Section 232” investigation, which he ordered on May 23, into whether auto imports are a threat to U.S. security, sources say.
The probe could be completed within weeks, although similar ones ordered last year that led to tariffs of 25 percent on steel and 10 percent on aluminum took about 10 months. The Commerce Department has 270 days to offer recommendations to the president after such a probe starts. He then has 90 days to act upon them.
It was not immediately clear what kind of response the countries could be looking at, although Canada, the EU and Mexico retaliated with their own tariffs after Trump imposed levies on steel and aluminum imports in March. Another option is to fight the United States at the World Trade Organization (WTO).
Deputy ministers will gather in Geneva on July 31 to hear each other’s views, a Canadian official and a Mexican official told Reuters, asking to not be named because they were not authorized to talk to the media.
“The meeting is meant to bring together major auto producing nations so we can discuss our concerns over the U.S. Department of Commerce’s Section 232 investigation of automobiles and parts,” said the Canadian government official. (read more)
Here’s where I will repeat the funniest aspect that seems continually missed by all of the international smart-set:
President Trump doesn’t care !
President Trump doesn’t care what the opinion of the Auto industry is.
President Trump is not beholden to the interests of the corporate auto industry.
President Trump doesn’t give a flip about what international leaders gather to discuss.
President Trump will do what is in the best interests of the United States and the workers within it. Period; end-of-story. Done.
It is in the corporate and financial interests of the multinationals to retain their open-ended tariff-free access to the U.S. market by exploiting the back-door of NAFTA. The multinational corporations have invested hundreds of billions on the supply chain and manufacturing system all using this NAFTA loophole. They have also paid hundreds-of-millions for the political policy of multiple world leaders, all to support and retain their interests therein.
Guess what?
President Trump doesn’t care.
If it is not in the best interests of the U.S., it simply will not be allowed.
The multinational corporate leaders can assemble and strategize until they are blue-in-the-face. It matters not.
Seriously. They might just as easily attend a Swiss pancake tossing contest. POTUS Trump doesn’t care. Eventually they are going to have to ask, beg, plead and grovel to retain their position. When they accept the one constant in an ever changing universe, and finally realize the question is not “if” they will lose, but rather “how much”, then, and only then, will POTUS Trump enter the room with his golden tickets.
To get golden ticket access to the U.S. market, those multinationals are going to have to agree to President Trump’s terms. Trump doesn’t care about their feelings; Trump doesn’t give a flip about their statements; Trump has one prism to consider any deal, negotiation or result: is it better for the United States of America?
If not, go spit.
That’s it.
Now, go make him a sandwich…
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The July 20th conversation with President Trump touched on the state of the U.S. economy; America’s trade reset; the timing of the trade reset juxtaposed against the current value of the U.S. stock market; the president’s news-making remarks about the Federal Reserve’s ongoing interest-rate hikes; and pragmatic insight behind the meeting with Vladimir Putin. Watch it, you’ll see:
The head of the White House Council of Economic Advisers, Kevin Hassett shares his perspective on the 4.1 percent GDP growth, and the ongoing MAGAnomic America-First initiatives. Hassett rightly points out that finished good domestic inventories dropped as an outcome of consumer purchasing outpacing manufacturing. As more manufacturing comes on-line, the production capacity expansion leads to more GDP growth.
Remember, one of the unique attributes of the U.S. economy, thanks to the foresight of industrial titans who built it, is our internal consumption. We are not only the worlds’ largest economy, we are the biggest self-sustaining economy in the history of the world; a massively consequential strategic advantage. Our leverage comes from nations needing access to our market; the U.S. does not necessarily need access to theirs. Therefore POTUS Trump can dictate the terms.
Last week President Trump went to Granite City, Illinois, to celebrate the re-opening of a U.S. Steelworks manufacturing facility.
If you ever had any question about how important President Trump’s Main Street economic and manufacturing policies are to U.S. workers, well, just watch this interview with a formerly laid-off Granite City steelworker. [Dusty Keyboard Alert]:
President Trump delivers a weekly address for W/E July 27th, 2018. The primary topic of immigration enforcement and support for Immigration and Customs Enforcement (ICE) is the message:
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America