Peace is the Prize – President Trump Holds Bilateral Meeting With Afghan President Ghani on Thanksgiving Day – Video and Transcript….


After President Trump met with North Korean Chairman Kim Jong-un to stop a region headed toward military crisis, the President was asked about the Nobel peace prize for his efforts with South Korean Moon Jae-in. President Trump responded: “Peace is the prize“.

Yesterday U.S. President Donald Trump secretly flew to Afghanistan to spend time with U.S. troops on Thanksgiving day.   While he was there President Trump met with Afghanistan President Ghani to discuss the groundwork for renewed discussions with Taliban leadership in an effort to construct a peace agreement in the highly tribal nation. [Video and Transcript Below]

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[Transcript] – PRESIDENT TRUMP: Well, thank you very much. It’s great to be in Afghanistan with our troops. And we had a wonderful Thanksgiving lunch. It was abbreviated a little bit, but we served lunch and had lunch. And these are great people, and it’s also wonderful to be with the President of Afghanistan. And, President Ghani, thank you very much. It’s an honor.

We have a lot of things to talk about — many, many things. We’ve had tremendous success in the last few months with our military, as you know. ISIS has been very — very badly hit, very severely hit. We had al-Baghdadi down in a different part to the world, and we took him out. That was the father of ISIS — the founder. And he was trying to rebuild it, and that didn’t work out too well for him.

But we had tremendous success with ISIS over the last three to four months, and we’re down to a very small number. And likewise, with al Qaeda, we’re down to a very small number. And the Taliban wants to make a deal. We’ll see if they make a deal. If they do, they do. And if they don’t, they don’t. That’s fine. But we’ve had tremendous success.

And I think what I’d like to do — and perhaps, General, if you could say just a couple of words before President Ghani. Tell him about how we’ve literally decimated ISIS in Afghanistan, also al Qaeda in Afghanistan, if you would.

GENERAL MILLEY: Sure, absolutely, Mr. President. And, President Ghani, good to see you again. And we had a great meeting earlier today.

And as you know, Scott Miller and the troops here, and Afghan troops and international troops, have all put a significant amount of pressure on ISIS, particularly in Nangarhar. And they’ve been hurt bad. Their numbers have been treaded and dwindled significantly. Organizationally, they have not been destroyed but they have been severely hurt. And that pressure will continue.

And as the President mentioned, there’s ongoing talks with the Taliban, and hopefully those will be successful. And hopefully we’ll — that will lead to Afghan-to-Afghan dialogue in the not-too-distant future.

So I think there’s been some significant progress, Mr. President. And I thank Scott Miller and the Ambassador. And the entire team of U.S. forces here, in combination with the Afghan National Security Forces, has done a great job.

So thanks for your support.

PRESIDENT TRUMP: Good. Thank you very much, General.

And, Scotty, do you want to just mention how much — what we’re left with? You’re down to very small numbers with ISIS, and also you’re down to very, very small with al Qaeda. Do you want to mention that?

GENERAL MILLER: Mr. President, with the Afghan forces, particularly over the last 30 days of this — although it’s been a long fight — we’ve seen a — quite a few surrenders by Daesh/ISIS fighters, as well as their families, coming out of southern Nangarhar, which, as everybody knows, that’s a — been a tough set of terrain for the United States of America and Afghanistan.

Since 2001, it was a safe haven for bin Laden in the early days, and been a pretty remarkable military operation, as well as the following operations with the Afghans.

PRESIDENT GHANI: It (inaudible) al Qaeda South Asia.

PRESIDENT TRUMP: We made that tremendous progress though over the last, I would say, six months. And we’ve really, with respect to ISIS and al Qaeda. And we’ve hit them very, very hard. And they’re down to literally hundreds as opposed to thousands. They had many thousands a short while ago, and now they’re down to hundreds. Probably 200 left. And we’re scouting them out. So we’ll be down to very little, if anything, in a very short period of time.

Great job, by the way. Great job.

GENERAL MILLER: Thank you, sir.

PRESIDENT TRUMP: Appreciate it, Scotty.

Mr. President, please.

PRESIDENT GHANI: Well, Mr. President, it’s a great honor and pleasure to welcome you. Let me first pay tribute to the Americans who paid the ultimate sacrifice.

From 2001, 2,298 Americans — might be one or two difference — paid the ultimate sacrifice. We salute their courage and their determination for your security and our freedom.

Since you’ve been President, the number has been 52. So it’s been a tremendous change. Afghan Security Forces are taking the lead now in most of operations. I would like to pay tribute to General Miller and to Ambassador Bass for their remarkable partnership with their problem solving and our security forces. Our team is here; has gone from strength to strength.

I’d like to thank you for your leadership and for your determination both on the South Asia strategy that made this possible and on your very principled decisions regarding putting limits on the type of peace that would ensure the gains of the past years and ensure your security and our freedom.

PRESIDENT TRUMP: Right. Well, as you know, for a period of time, we’ve been wanting to make a deal and so have the Taliban. Then we pulled back. We were getting close and we pulled back. We didn’t want to do it because of what they did. It was not a good — it was not a good thing they did with the killing a soldier. They knew he was a soldier, but he was a solider — an American soldier from Puerto Rico. And they killed him. They killed a United Nations soldier. And they also killed — they killed a total of 12 people. They thought that was good negotiating power. I said, “No, that’s bad negotiating power.” That was not good what they did.

And since then, we’ve hit them so hard, they’ve never been hit this hard. In the history of the war, they have not — never been hit hard.

And they want to make a deal. So we’ll see what happens. If they make it, fine. If they don’t make it, that’s fine.

We’re going to be able to do everything we’re doing, and actually more. And at the same time, we’re bringing down the number of troops substantially. But we’re able to because of the weaponry and all of the things that we have in place. We can do, actually, more damage with even fewer troops.

So we’re going to — we’re bringing it down very substantially. And we’ll be down at a number that’s very — it’s a good number. And we’re going to stay until such time as we have a deal or we have total victory. And they want to make a deal very badly.

So we’re dealing with — this is really for the media, I guess, more than anybody, because the President knows what I’m saying. The Taliban wants to make a deal. And we’re meeting with them, and we’re saying it has to be a ceasefire. They didn’t want to do a ceasefire, but now they do want to do a ceasefire, I believe. And it will probably work out that way. And we’ll see what happens. But we’ve made tremendous progress.

But the thing I’m most proud of — because you could look at Taliban and say they’re fighting for their land; you could look at, you know, others and say they’re fighting for other things. But we know what ISIS is fighting for and we know what al Qaeda is fighting for. And we have them down to a very small number of people. So — and that won’t be — that will not be a long-lasting fight. That will be over with very soon.

So we made a lot of progress, and, at the same time, we’re drawing down our troops. And, by the way, the same thing in Syria. I have to tell you, there was false reporting in the New York Times and some of the others, yesterday.

We — as you know, we did withdraw from Syria, except we kept the oil. And we’re doing a little scattered fighting because we had some areas where ISIS was a little prevalent and gaining some traction. And we sent some troops in and pretty much wiped it out. But we have left — for the most part, we’ve left, but we’ve kept the oil. And by keeping the oil, we don’t have the enemy getting the oil. And the oil is what fueled the enemy. In this case, it was ISIS.

And so in addition to — in addition to what we did two weeks ago, which was pretty remarkable, the — what that group of young people was able to do very rapidly and very surgically, we are only in an area where we’re keeping the oil and knocking out certain small groups of ISIS as it reforms. We don’t want to — as it — as it reforms, it gets back, it tries to get back.

But we’ve also knocked out — Mr. President, as you know, we knocked out the number-two person who became the number-one person. And now we have our sights on the number-three person, who’s going to be the number-one person, if he wants it. You know, it’s not a good job. I don’t think he wants it. Maybe he doesn’t want it so badly. He’s not acting too quickly.

So we’ve had tremendous success. And we’ve had tremendous success here, especially over the last period of six months to a year. So it’s very — very nice to be with be with you.

PRESIDENT GHANI: It’s a pleasure.

PRESIDENT TRUMP: Very, very nice. Thank you.

PRESIDENT GHANI: Thank you, Mr. President.

PRESIDENT TRUMP: Okay, thank you very much everybody.

Q Mr. President, will you withdraw without a deal? Will you withdraw if there is no deal?

Q Has the U.S. restarted peace talks with the Talban?

PRESIDENT TRUMP: Say it?

Q Has the U.S. restarted peace talks with the Taliban?

PRESIDENT TRUMP: No, we’re talking to the Taliban. Yeah.

Q Are you prepared to withdraw even without a deal?

Q And will you include the Afghan —

PRESIDENT TRUMP: I would never say a thing like that. You wouldn’t want me to say a thing like that. But I could just say this: We haven’t had so much success in this — in this country, in this area. We haven’t had success like this probably from the beginning, certainly as it relates to ISIS and al Qaeda, which is a very primary aim. But we’ve had very good success in talks with the Taliban.

Q You said that you’re, at this point, pulling out troops. How many troops are currently in Afghanistan? And what is the plan for —

PRESIDENT TRUMP: Well, we’ll give you those numbers later, but we’ll get down to a certain number. I’m not sure I want to give you that number, to be honest. But it’s a very big difference. But because of new weaponry and technology, we’re able to do actually more with fewer troops.

Q You had mentioned 8,600. Is that not the number anymore, sir?

PRESIDENT TRUMP: It’s a number that people are talking about, yes.

Q And is that the number you’re talking about?

PRESIDENT TRUMP: Yeah, it is, for now. And then we can do much better than that.

Q Would you like to get it lower, sir?

PRESIDENT TRUMP: We can go much further than that. But we’ll have it all covered.

You know, this is a country where, for whatever reason, they reform, they regenerate. And we don’t want that to happen. And we also have the support of a lot of other countries, by the way. We have a lot of help from a lot of other countries. But don’t let anybody tell you that’s it’s anybody else, because we’re leading it all the way.

And frankly — and frankly, that’s one of the thing. We — look, we’re in an area of the world — we’re 8,000 miles away. Some of us — I guess, most of us came here together. We want other players in this area to help. They don’t like ISIS either. They don’t like al Qaeda either. And they have to help also. You have countries that are right nearby that are very big, that have power, and they should be doing some of the work too, not just the United States.

Thank you very much everybody.

[END TRANSCRIPT]

President Trump Makes Surprise Trip to Afghanistan Celebrating Thanksgiving With Troops…


President Donald Trump made a surprise trip to Bagram Air Field in Afghanistan to celebrate Thanksgiving with our troops.  The trip took place under a shroud of secrecy, and very tight security arriving in a darkened airplane just after 8:30 p.m. local time.

The White House concealed the trip from his public schedule for security reasons. President Trump helped the chow staff feed turkey and mashed potatoes to American troops in fatigues, before dining himself.  Additionally President Trump posed for photographs before delivering remarks celebrating America’s military in an aircraft hangar.  WATCH:

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Donald J. Trump

@realDonaldTrump

HAPPY THANKSGIVING!

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Dan Scavino Jr.🇺🇸

@Scavino45

Behind the scenes with President @realDonaldTrump in Afghanistan… https://twitter.com/scavino45/status/1200127447821377537 

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Dan Scavino Jr.🇺🇸

@Scavino45

🚨MOMENTS AGO🚨
President @realDonaldTrump visits U.S. Soldiers at Bagram Airfield in Afghanistan….

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Dan Scavino Jr.🇺🇸

@Scavino45

🚨MOMENTS AGO🚨
President @realDonaldTrump visits U.S. Soldiers at Bagram Airfield in Afghanistan….

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Dan Scavino Jr.🇺🇸

@Scavino45

United States Army General and the 20th Chairman of the Joint Chiefs of Staff Mark Milley introduces the 45th President of the United States @realDonaldTrump at Bagram Airfield in Afghanistan. HAPPY THANKSGIVING!!🇺🇸🇺🇸

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Fascinating Interview – Presidential Historian Doug Wead Discusses His Book About The Trump Presidency…


Presidential historian Doug Wead was given unprecedented access to the White House and people associated with the Trump presidency for his book “Inside Trump’s White House: The Real Story of His Presidency.”  Mr. Wead discusses the experience.  This is a must watch interview:

President Trump Signs “Hong Kong Human Rights and Democracy Act”…


The act that President Trump signed today is a law that requires the U.S. to review all of the democracy issues within Hong Kong to assess whether any Chinese violations to Hong Kong autonomy are happening.  If so, the U.S. can take remedial steps to punish China.

The Hong Kong Human Rights and Democracy Act would require the State Department annually re-certify Hong Kong’s autonomous nature, in order for the so-called “special treatment” the U.S. affords Hong Kong to continue. (more)

Keep in mind a dual purpose to this latest move:  Hong Kong holds a special trade status with the U.S. and is exempt from tariffs placed on China.  Part of the punitive action President Trump could take against China involves tariffs against Hong Kong.

Today, I have signed into law S. 1838, the “Hong Kong Human Rights and Democracy Act of 2019” (the “Act”). The Act reaffirms and amends the United States-Hong Kong Policy Act of 1992, specifies United States policy towards Hong Kong, and directs assessment of the political developments in Hong Kong.

Certain provisions of the Act would interfere with the exercise of the President’s constitutional authority to state the foreign policy of the United States. My Administration will treat each of the provisions of the Act consistently with the President’s constitutional authorities with respect to foreign relations.

 President Donald J Trump

Again, back to the big picture, is this an action that would indicate President Trump is actually looking for a U.S-China trade agreement?   Of course not.  So why now, what changed?…  The USMCA!   It’s all connected folks.

President Trump China Strategy: Death By a Thousand Paper Cuts…


The New York Federal Reserve made a quiet admission two days ago that was missed by almost all financial media.  In the NY Fed economic blog they admitted everyone was wrong, President Trump’s 2017 tariffs against China did not lead to increased U.S. consumer prices [Read Here].  The Fed also said imports of the Chinese products affected by U.S. tariffs have fallen by an annualized $75 billion. That’s a huge chunk of business U.S. purchasers have shifted to Japan and other Southeast Asian countries.

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Within this dynamic lays the real reason why Beijing cannot wait for a 2020 election hoping that Biden or Bloomberg can stop their bleeding.  Before going into more depth, this brief explainer from Charles Payne will help establish a framework.  WATCH:

What Payne outlines is correct; however, the internal Chinese ‘tariff-offset’ dynamic is actually even a little deeper.  Overlaying the NY Fed research we can see that Beijing has attempted to offset the Trump tariffs in four majority ways:

  • A devaluation of their currency by roughly 10% since the tariffs were implemented.  This makes the dollar a higher value when purchasing.  The U.S. dollar purchases more stuff.
  • Direct subsidies by the communist control authority.  That is a direct payment to the exporting Chinese company to offset the drop in prices they may need to be competitive.
  • Indirect subsidies.  Remember, China is a communist system.  Beijing can tell a province to cancel the electricity bill to a company within that province.  Beijing absorbs the cost.
  • Incentives for enhanced end-product delivery.  As Payne noted in the video the Chinese company just give the purchaser more stuff at the same price.  That additional stuff offsets the tariff cost.   This free stuff shows up in new contract terms.

All of this is an effort by China to diminish the impact of U.S. tariffs against their exports.  However, all of this cumulative effort, while small in the individual pieces, when added up is a big economic cost to Beijing.  Thus the overall economic loss is starting to snowball as the accumulation of offsets is beginning to aggregate.  They cannot continue indefinitely.

China is suffering a slow death by a thousand paper-cuts.  The bleeding of cash in combination with the direct loss of $75 billion in annualized exported products that U.S. companies have now sourced from alternative ASEAN nations is biting hard.

The direct outcome is also a drop in China’s purchasing of industrial goods they would normally use in the manufacturing process.  This lack of Chinese purchasing is one of the top reasons for the stall in the European economy.

There is a natural lag as supply chains reorient.  The ASEAN nations that have picked up U.S. manufacturing contracts first go through a process of increased productivity, expanded utilization of existing manufacturing, before they need to expand to new facilities.    Machines operate 20 hours daily – instead of 16 hours; more shifts are added, etc.  Until production reaches 100% capacity no ASEAN group is going to purchase the warehoused industrial machinery, not purchased by China, and being stored in the EU.

In this investment, lending and financing dynamic, is where the current Wall Street multinational corps and banks are stalled and watching closely.  No-one wants to drop $100 million to help expand a textile company in Vietnam, if Mexico -via the USMCA- ends up being a more cost efficient location.  This status is why passage of the USMCA is an important next step for President Trump’s global trade reset.

A final word on a question often asked.  What is President Trump doing with the trade negotiations with China?  What’s his end?

The answer to that question is actually where one must overlay Trump’s history of energy policy, with the visible signs of his China trade reset that began with his visit to Southeast Asia in November 2017.

President Trump is famously impatient in achieving a financial objective.  He is known to have well thought plans, but he is also known to not pause long when executing his plan. This economic impatience may seem to be at odds with the majority of the financial media who say President Trump is playing a long-game with Chairman Xi Jinping.

ERGO the dichotomy is explained thus:  If President Trump is famously impatient, then why is he being so deliberate and painfully slow in achieving a deal with Chairman Xi?…

Here’s the ‘ah-ha’ moment.

….The current status with China was the final objective.

President Trump looks like he’s being stunningly patient because President Trump achieved his goal when no-one was paying attention. We are already past the success point.

The goal is essentially achieved.

There is no actual intent to reach a trade deal with China where the U.S. drops the tariffs and returns to holding hands with a happy panda playing by new rules.  This fictional narrative is a figment of fantasy being sold by a financial media that cannot fathom a U.S. President would be so bold as to just walk away from China.

That ‘walk away’ is exactly what President Trump did when he left all of those meetings in Southeast Asia in 2017; and every moment since has been setting up, and firming up, an entirely new global supply chain without China.

President Trump is not currently engaged in a substantive trade agreement in the formal way people are thinking about it.  Instead “Phase-One” is simply President Trump negotiating the terms of a big Agricultural purchase commitment from Beijing, and also protecting some very specific U.S. business interests (think Apple Co.) in the process.

The actual goal of President Trump’s U.S-China trade reset is a complete decoupling of U.S. critical manufacturing within China.

President Trump does not express angst, frustration, or even disappointment over the U.S-China trade discussions because the decoupling is well underway.

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Happy Thanksgiving !

President Trump Tweets Rocky Meme – Confused and Humorless Media Launch Investigations…


Earlier today President Trump tweeted a humorous meme of Rocky Balboa featuring the superimposed image of President Trump’s head… It’s an apt meme and metaphor.

(Tweet Link)

It’s an obvious meme and given the media’s impeachment drama: “walls closing in”, “it’s the beginning of the end”, “bombshell, Trump is done”, etc. etc. the Rocky metaphor is quite apt and very funny.  However, the DC media response is once again stupid; decrying the image as “doctored” and launching actual investigations to get to the bottom of it.

The Washington Post

@washingtonpost

Trump tweets doctored photo of his head on Sylvester Stallone’s body, unclear why https://wapo.st/2OnTxzp 

Impeachment inquiry live updates: White House faces Sunday deadline on participating in Judiciary…

The panel, led by Rep. Jerrold Nadler (D-N.Y.) will weigh whether to draft articles of impeachment against President Trump based on his conduct toward Ukraine.

washingtonpost.com

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Once again the knuckleheads in the DC bubble media encapsulate why we roll our eyes and nod in understanding the reason these same media dolts are relegated to soundbite Chopper Pressers on the lawn.

The People’s ‘Whistleblower’ Cube 🚁🤸@ThePeoplesCube

We need a hearing on Capitol Hill to find out of this image is doctored https://twitter.com/nypost/status/1199731348593885188 

New York Post

@nypost

Trump tweets out doctored photo of his head on Rocky Balboa’s body https://trib.al/QWzRG2m 

View image on Twitter
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Scott Adams

@ScottAdamsSays

We are five years away from having a new president and the next one already bores me. Trump makes Joe Biden look like pocket lint. https://twitter.com/realDonaldTrump/status/1199718185865535490 

Donald J. Trump

@realDonaldTrump

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Jeffrey Marty@Jeffrey_Marty

Everything you need to know about the media in one tweet. https://twitter.com/washingtonpost/status/1199734452672446464 

The Washington Post

@washingtonpost

Trump tweets doctored photo of his head on Sylvester Stallone’s body, unclear why https://wapo.st/2OnTxzp 

31 people are talking about this

3rd Quarter U.S. GDP Growth Revised Upward, Durable Goods Orders Increase, New Home Sales Increase 31.6% Year-over-Year…


More signs the U.S. economy is very strong show up today as several key economic indicators defy prior economist predictions.   Staring with a significant upward revision by the Bureau of Economic Analysis for the third quarter GDP growth from 1.9% to 2.1%:

The revision to GDP reflected upward revisions to inventory investment, business investment, and consumer spending.

The increase in consumer spending reflected increases in both goods (notably recreational goods and vehicles as well as food and beverages) and in services (led by housing and utilities as well as food services). (link)

Additionally, the commerce department released data showing U.S. core capital goods orders increased 1.2% in November, the largest gain since January; and more data on home sales shows a whopping 31.6% increase year-over-year. 

U.S. consumers and home buyers are benefiting from low inflation and significant blue collar wage gains that are an outcome of a growing economy and a very strong jobs market.  The most significant wage growth is in non-supervisory positions.   The economic strength is broad-based and the U.S. middle-class is confident.

Charles V Payne

@cvpayne

Breaking Economic News News

GDP revised higher to 2.1% beatings consensus

Durable Goods +0.6% crushes consensus
Business Investment +1.2% really crushes consensus

2,672 people are talking about this

Sec. Wilbur Ross

@SecretaryRoss

I’m thankful for @realDonaldTrump‘s focus on restoring American manufacturing. Great news as U.S. manufacturers beat market expectations on durable goods orders and shipments in October: https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf 

257 people are talking about this

Sec. Wilbur Ross

@SecretaryRoss

GDP growth beat market expectations again in latest revision: 2.1% growth fueled by strong computer spending. The @realDonaldTrump economy continues to deliver for the American people: https://www.bea.gov/news/2019/gross-domestic-product-third-quarter-2019-second-estimate-corporate-profits-third-quarter 

59 people are talking about this

Sec. Wilbur Ross

@SecretaryRoss

New home sales estimates hit 733,000 in October 2019, a 31.6% increase from October, 2018. More Americans are achieving the dream of owning a home! https://www.census.gov/construction/nrs/pdf/newressales.pdf 

194 people are talking about this

David ShoelessJoe🇺🇸@yohiobaseball

.@TheLastRefuge2 Big News!
U.S. core capital goods orders post biggest gain in nine months
“These so-called core capital goods orders were boosted by increased demand for machinery, computers and electronic products and fabricated metals.” https://mobile.reuters.com/article/amp/idUSKBN1Y11ME?__twitter_impression=true 

U.S. core capital goods orders post biggest gain in nine months

U.S. core capital goods orders post biggest gain in nine months

New orders for key U.S.-made capital goods increased by the most in nine months in October and shipments rebounded, suggesting some stabilization in business investment after it contracted for two…

mobile.reuters.com

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Bartiromo: USMCA Could Come Up for Vote Next Week….


Well, well, well….  FOX Business’ Maria Bartiromo announced this morning that her sources are saying a USMCA vote is possible next week.   This DC source reporting would align with our CTH spidey senses from the visible DC trade twitches.

USMCA Rumblings – After Letter from Mexico to Pelosi, USTR Lighthizer, FM Seade and FM Freeland Meet in DC…


Something is shaping up in the political background around the USMCA.

Yesterday Mexican President Andres Manuel Lopez-Obrador (AMLO) sent a second letterto House Speaker Nancy Pelosi urging USMCA ratification.  Team Trump and Team AMLO are working together against Team Pelosi & AFL-CIO Richard Trumka.

Essentially AMLO has been saying the labor provisions within the USMCA trade pact are already being put in place by Mexico, and Pelosi should quit trying to hide behind labor concerns to avoid ratification.

Tomorrow, on the eve of Thanksgiving at the request of the Trump administration, U.S. Trade Representative Robert Lighthizer, Mexican Foreign Minister Jesus Seade and Canadian Deputy Minister Chrystia Freeland are holding a meeting to discuss the  AFL-CIO/Pelosi issues within the USMCA labor provisions.

FM Chrystia Freeland is irrelevant to the meeting; she’s a potted-plant rubber stamp for whatever scheme Pelosi is cooking. It is House Speaker Pelosi who is using her pressure over labor unions to hide behind AFL-CIO Richard Trumka and claim U.S. labor unions have issues with the USMCA labor provisions. It ain’t about labor; it is all political cover.

However, it is interesting that USTR Lighthizer, a man with the patience of Job, called Jesus Seade and Freeland to DC:

WASHINGTON – The three trade ministers from the United States, Canada and Mexico are set to meet in Washington on Wednesday to discuss the deal to replace NAFTA, seven people familiar with the plans told POLITICO.

The meeting involving U.S. Trade Representative Robert Lighthizer, Deputy Canadian Prime Minister Chrystia Freeland and Mexican Undersecretary for North America Jesús Seade comes as the Trump administration is nearing a compromise with House Democrats to make changes to the USMCA.

Lighthizer has been negotiating with a group of nine House Democrats to address four main concerns involving the pact’s labor, environmental, enforcement and drug pricing provisions.

Any changes to the text would have to be approved by Canada and Mexico before the Trump administration can finalize the agreement and send it to Congress for a vote. Canada is expected to accept changes to the text without issue. (more)

In her effort to stall the growth of the North American economy, Speaker Pelosi has been trying to block the USMCA by demanding [falsely and with cover by Trumka (AFL-CIO)] that Mexico start a national Social Security program for all Mexican workers.

There’s a bucket load of political obfuscation on the issue, but that’s generally Pelosi’s intentional poison pill.  Meanwhile Mexican President Lopez-Obrador has told Lighthizer that Pelosi can go drink a bucket of spit if she thinks the U.S. is going to dictate domestic economic policy to a sovereign country.

Now remember, the USMCA is an agreement between Lighthizer and Seade that Canada joined. The architecture of the agreement was exclusively the U.S. (Team Trump) working with Mexico (Team AMLO) when the deal was constructed in 2018.  Canada joined after everything was already assembled; the deal hardly changed at all… you’ll see why.

My hunch is that Robert Lighthizer (Trump) has informed Jesus Seade (AMLO) that Pelosi is just trying to kill any USMCA compact simply because she is attempting to derail the U.S. economy for maximum 2020 political benefit (which she is).

This meeting is going to be Lighthizer and Seade extending some deal framework that will functionally stop Nancy Pelosi and Richard Trumka from making ridiculous claims.

Something akin to modified provisions within the agreement where Mexico agrees to a border enforcement mechanism if a labor dispute panel arbitrates a U.S. labor union challenge within the deal. A mini three nation binding arbitration trade panel of sorts (example: 2 from Canada, 2 from Mexico and 3 from U.S.). This panel would create faster  labor/trade dispute resolution than going through an extensive multi-year court case.

There’s going to be paper here…. not talk… an actual papered outline.  Trump wouldn’t be having Lighthizer call for Seade if he and AMLO had not already worked the paper.

This is a little weedy, and my hunch is that Lighthizer (Trump) is telling Seade (AMLO) the U.S. panel would be stacked in favor of Mexico [nudge-nudge, wink-wink, say-no-more, say-no-more]. An effort to cut-off Pelosi’s scheme to derail the agreement.

The multinationals are lined up and ready to go all-in, BIGLY, on North American investment that will benefit Mexico. There are tens-of-billions of private sector dollars ready to go, they just need to clear the insufferable Pelosi blockage.

TheLastRefuge@TheLastRefuge2

This is connected to USMCA and USTR Lighthizer discussions with Jesus Seale (on behalf of AMLO) back in 2018, when USMCA was being outlined.

[Worth keeping an eye on] https://twitter.com/Reuters/status/1199371910464843776 

Reuters

@Reuters

Mexico to spend $44 billion on infrastructure in first phase of plan https://reut.rs/2OMVIvq 

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This $44bn investment package is why AMLO has been willing to assist the Trump administration on border security etc. President Trump has leveraged major economic benefit to Mexico because in the larger picture the USMCA, in combination with prior ASEAN agreements, is the economic breech that drains China. However, to receive the benefits, Mexico has to be a stable partner on geopolitical issues including immigration, border security, internal corruption and dealing with drug cartels.

If all goes according to the Trump/AMLO plan Wall Street’s U.S. investment in China will have an alternative in Mexico, and that’s the cornerstone that allows President Trump to begin a more consequential decoupling with Beijing.  [Insert India watching here]

Phase-One of the U.S-China deal, if cemented, will be the only phase; and that phase objective is simply constructed to fill the purchase void for the U.S. Agriculture Sector. China opens the financial sector and makes Ag purchases, in exchange POTUS stalls further tariffs on designated sectors that touch upon Phase-one agreements.

If the landscape ends were the compass is heading, there isn’t going to be a multi-sector (manufacturing, IP, big-tech, etc.) phase-two or phase-three deal in the U.S-China future. Instead there will be a decoupling of the U.S-China relationship in direct proportion to the opportunity opened within the U.S-Mexico alliance.  [Insert Stock Market Stability Here]

This is the incentive for AMLO, via Jesus Seade, to work with Trump, via Lighthizer, to get Pelosi out of the picture. Once she’s out of the way, the big picture starts moving forward.

Chrystia Freeland and Justin Trudeau are irrelevant, Canada has already destroyed its manufacturing base and cannot enjoy the benefits of massive North American investment. Canada has consigned itself to be a service-driven economy living in the shadow of the U.S. and Mexico.  If Canadian politics and social outlooks change later on, well… !

Happy Thanksgiving!

Now go make your millions.

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Massive President Trump Homecoming MAGA-KAG Rally, Sunrise Florida – 7:00pm ET Livestream…


President Trump travels to Sunrise, Florida today for a massive Keep America Great Rally at the BB&T Center.  A bit of Trump trivia: during the early 2016 GOP primaries the 2016 MAGA rally at the BB&T Center, home of the NHL Florida Panthers, was one of the largest rallies of the campaign.  The sold-out venue seats 20,000 and thousands more on floor.

The President is expected to deliver remarks at 7:00pm ET.

RSBN Livestream link – Donald J Trump Livestream Link – Fox10 Livestream Link

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