Singapore is approximately 12 hours ahead of the U.S. eastern time zone. The scheduled meeting between President Trump and Chairman Kim Jong-un will take place around 9:00pm (Monday EDT), which will be 9:00am (Tue) in Singapore.
Secretary of State Mike Pompeo delivered remarks and took questions earlier today:
President Trump affirms the U.S. position to use targeted tariffs to assert reciprocity as the trade standard. Free and fair trade is the goal via removing tariffs and non trade barriers:
North Korea’s state media said on Monday its leader Kim Jong Un and U.S. President Donald Trump will discuss a “permanent and durable peace-keeping mechanism” on the Korean Peninsula, denuclearization of the Korean peninsula and other issues of mutual concern.
Chairman Kim Jong-un arrives accompanied by his sister, Kim Yo Jong, Foreign Minister Ri Yong Ho, Defense Minister No Kwan Chol; North Korean Vice-Chairman Kim Yong Chol, and North Korean Vice-Chairman Ri Su Yong. Even CBS recognizes the “remarkable” efforts by President Trump to bring the North Korean summit to fruition.
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Follow latest news from North Korean Perspective HERE – Keep expectations low; and remember China still controls the outcomes, and everything happening could just as easily be a strategic Beijing ploy.
North Koreans will require basic explanations for why after decades of living one way — with nuclear aspirations reigning supreme and readiness for war as a legitimate sacrifice — they now need to put these ambitions aside and make friends with foes.
Political rhetoric that is contradictory and confusing to the outside world also will likely grow if the regime earnestly tries to chart a new path. Even a dictator like Kim needs to get minimal buy-in from the 25 million people in his country, especially the military establishment, and his iron fist does have limits. If his regime fails to manage the DPRK’s changing internal politics, Kim’s efforts at external outreach will be in danger.
European Union President Donald Tusk worries about the Bush-Clinton-Bush-Obama legacy being dismantled: “What worries me most is the fact that the rules-based international order is being challenged, quite surprisingly, not by the usual suspects, but by its main architect and guarantor: the US.”
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Every parasite needs a host. As soon as the host refuses to remain co-dependent to its own demise, the abusers begin to panic.
“It must be always be remembered; there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones. ”
The G7 outcome was politically important to left-wing Canadian Prime Minister Justin Trudeau and Canadian Foreign Minister Chrystia Freeland. In the days leading up to the summit, their leftist political ideology took a hit when Doug Ford’s conservative movement won in the Ontario Province. Trudeau and Chrystia needed a G7 win.
As a consequence, Justin from Canada needed U.S. President Trump to sign-on to the G7 communique, giving the summit the appearance of influence and success.
The win was needed for domestic political consumption; however, there were/are massive trade issues as an outcome of NAFTA and both Canada and Mexico structuring their economies as pass-through manufacturers of Chinese, Asian and European goods to gain access to the coveted U.S. Market.
Team Justin/Chrystia played the “ally card” diplomatically requesting G7 support. Team Trump was willing to give Team Justin/Chrystia the optics of a political win in the G7 communique as a diplomatic showing of ‘good faith‘, and set aside the larger conflict of the trade dispute for another day. However, moments after they achieved the needed validity, after gaining the U.S. G7 support, Justin/Chrystia dropped the diplomatic approach and went back to public political trade antagonism and confrontation.
That’s the ‘stab-in-the-back’ aspect.
For months Chrystia and Justin have been playing politics with their U.S., Mexico and Canada (NAFTA) trade negotiations. Chrystia and Justin traveling all over the U.S., meeting with liberal comrades and lobbying Washington DC politicians.
Justin and Chrystia were/are counting on their allies in the globalist, Wall Street, multinational corporate community -including the U.S. Chamber of Commerce- to align with their economic needs and stand in opposition to President Trump and Team U.S.A.
They really don’t have a choice.
In the past 25 years all manufacturing and investment into Mexico and Canada has been reliant on their position to exploit the NAFTA loophole; the backdoor access to the U.S. market. If Trump shuts down that loophole, and brings the manufacturing and assembly back to the U.S., investment North and South of the U.S. border will drop exponentially and the Canadian and Mexican economies will likely shrink rapidly.
Overlaying this economic threat is politics. President Trump is an economic nationalist, who understands -with great specificity- how U.S. market access has been exploited to enrich multiple nations not just Mexico and Canada. Trudeau and Chrystia are economic globalists; parasites who have an inherent outlook that is not about doing the harder work of establishing self-sufficient economic models, but rather exploiting opportunities to take advantage of positioning. In essence: conservatism -vs- liberalism.
To retain their political place they must remove the threat to their constructs. President Trrump is an existential threat to the EU, Canada and Mexican economic schemes. There are trillions of dollars at stake. Thus Chrystia Freeland and the EU Trade Commissioner Cecelia Malström call themselves “sisters in trade“. The only weapon they have to use against President Trump is politics. That approach is why all retaliatory measures on tariffs pour through the primary filter of politics.
Do you remember the list of items the dynamic duo Justin Trudeau and Chrystia Freeland selected as targets for their counter-tariff position? Check it out here. What do: “felt pens”, “rubber boats”, “orange juice” and “tomato ketchup” have to do with the U.S. steel and aluminum tariffs? See The Answer HERE. In short, “politics”.
Using politics as a weapon is the primary counter strategy of Justin and Chrystia. The use of politics to attack U.S. President Trump is a deliberate strategy, and by taking that approach they find ideological allies, who also have a financial self-preservation interest, around the world. Diminishing President Trump at every opportunity, and leveraging the ideological support of the left-wing media, is part of that strategy.
That’s what happened in Charlevoix, Canada at the G7. Team Trump was lured into an Machiavellian political trap to give enhanced authenticity to Justin and Chrystia. President Trump’s team members entered into the discussion in good faith; however once Justin and Chrystia had what they needed, their larger objective of destroying the threat went back to work.
I have no doubt, President Trump knew the G7 scheme was all a ruse from the outset.
However, I also have no doubt Larry Kudlow did not know. Kudlow, still new to understanding who the real American enemies are, convinced President Trump the Canadian team was operating on good faith. Likely President Trump knew the exact opposite was true, but this was also an opportunity for Kudlow to learn who the enemy is; so Trump went along with it…. Now you understand this. WATCH:
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And this:
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National Economic Council Chairman Larry Kudlow is a wonk, an academic, a Wall Street media voice; comfortable amid the cocktail party circuit. He’s not a killer.
Kudlow has never been a killer; he’s never had to engage with the apex predators in billion-dollar-business who will tear your family apart limb-from-limb, while you watch, simply because they can.
Larry Kudlow has no concept of how to apply the dark arts in negotiation; or how to spot that where he is standing today is specifically because events that took place three weeks ago – were constructed by predators who knew how to game them out, and draw him in.
POTUS Trump has lived a life amid the apex predators; he was almost destroyed by many of the “killers”. Wilbur Ross is a killer; Kudlow is not.
Justin and Chrystia played Kudlow.
Justin and Chrystia are now going to meet Wilbur Ross.
It will be slow.
It will be painful.
It will be unrelenting torture….
It will be delivered with a deliberateness few can stomach.
Appearing on Fox News Sunday, White House Trade Policy Adviser Peter Navarro expresses disappointment at the political stunt carried out by Justin from Canada after President Trump departed the G7.
During a post summit press conference the Canadian Prime Minister decided to play politics with the U.S. / Canadian trade relationship and took a hostile and combative posture toward the U.S.
Delivering remarks in a post G7 press conference, Prime Minister Justin from Canada outlines his perspective on the summit and takes questions from a pre-selected media audience. Many of the questions centered around U.S. positions on trade/tariffs and the Canadian/EU position that U.S. tariffs are illegal; whereas Canadian and EU tariffs are quantifiable expressions of magnanimous intellectual superiority and Americans should spend more time thanking them, instead of these feeble efforts to gain trade reciprocity.
The underlying Trudeau trade premise is that the U.S. should be thankful for the products brought into the U.S. market by Canadians and Europeans. And Americans should express their appreciation through unilateral indulgence-fees for friendship. If President Trump does not agree to continue the cycle of abusive trade policies, the Europeans and Canadians might stop saying they are our closest and most valuable ally.
In the granular details: •On NAFTA Justin from Canada says a sunset clause on any renegotiated trade deal is a non-starter regardless of time-frame. If the U.S. intends to reevaluate the outcomes of a trade deal, there can be no trade deal – ever.
According to Trudeau’s economic team, there will never be any new products or services created within industry, ever again. Accordingly, the world currently has all the products and technology that will ever exist in the life-cycle of human existence; therefore there is no reason to ever plan on a need to renegotiate trade at any duration of trade agreements.
•On the global gender equity initiative, six of the G7 members have agreed to a $3.8 billion fund to create more opportunity for female organisms; and/or for the expanded rights of those who might identify as female organisms in the next generation. The central beneficiary group of the G7 gender equity initiative will likely be human; however, in the spirit of inclusivity the communique also accepts a building movement within the EU to recognize planetary gender inequality amid all species.
In fairness to the female Salvadorian four-toed sand lizard who might not want to face the horrors of sub-tropical male domination and subsequent impregnation; the U.N. will use a portion of the G6-1 funding to study the sensibilities of trans-gender lizards in the Southern Hemisphere. The international monetary fund will be responsible for distribution and will use their upper-east-side suites as the temporary conduit until the new international center for gender equality building is finished; [*note the design competition and contractor bidding period has been extended until August 14th, 2021]
•On the horrors of plastics and climate initiatives, the G7 agreement morphed to a recycled G5 as Japan and the United States refused to sign on to the planned planetary elimination of all plastic, petroleum and carbon-based products.
Japanese Prime Minister Shinzo Abe raised the argument it was impossible for many people to carry enough water from the river, in their cupped bare hands, to take a shower. Germany’s Angela Merkel became quite cross, and pointed out that showers and bathing were already verboten per the 2011 G20 communique and international water-conservation agreement in Finland.
Theresa May rose to support Ms. Merkel and pointed out how the success of the 2011 Finland water-conservation-agreement necessitated and supported accepting increased middle-east immigration. Less EU bathing means more water. More water equals happier fish; and many of the most disenfranchised of the pelagic species had their planetary rights trampled for eons by colonial expansionists.
PM May supports correcting those historic abuses, and the U.K. Council on Subterranean Species Initiatives (UK-CSTSI) has been monitoring the sensibilities of North Atlantic cod for almost half-a-decade. The councils’ work has been a key policy initiative for the elimination of insensitive fish-and-chip shops throughout England and Northern-Ireland.
I wish we had caught this interview before the G7 began because it highlights how much energy the international community is expending in their desperation to retain access to the U.S. market. The central issue is how several decades of international trade policy have been built around exploitative one-way access and rules.
Foreign Affairs Minister Chrystia Freeland, the primary Canadian trade negotiator sat down with The National ahead of the G7 summit to talk about strategies for dealing with the Trump administration, tariffs and expectations for the summit. WATCH:
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There’s a part of this interview that CBC didn’t broadcast, but presented in a twitter video. See below:
For some reason I don’t think Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer, White House Trade Policy Advisor Peter Navarro, or National Economic Council Chairman Larry Kudlow are too worried about facing their Canadian counterparts in a U.S. trade discussion.
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