Secretary Lutnick Gently Dispatches the Feelings of Canada and the EU, and Focuses on Pragmatic Economic Growth


Posted originally on CTH on January 23, 2026 | Sundance

Hilarious Bloomberg interview with Commerce Secretary Howard Lutnick.  The topics are European trade and politics combined with the overlay of Canadian trade and politics.  The Bloomberg panelists question Lutnick about the similar “feelings” of the Europeans and Canadians, as it pertains to the outcome of trade discussions.  It’s the feelings that make things difficult to negotiate.

Secretary Lutnick doesn’t dismiss the narrative but deconstructs the substance of the topic brilliantly.  Lutnick notes the ridiculous nature of the Canadian trade position and their decision to go running to China because their feelings are hurt.  Lutnick then affirms the USMCA is going to be dissolved mid-summer and fall of this year.

As we noted at the end of last year, splitting the USMCA into two bilateral trade deals, one for Mexico and one for Canada, will be one of the most interesting and long-term economically significant moves in U.S. trade history.  It is going to be a lot of fun to watch these negotiations, and the pre-positioning gives us a preview of what is to come.

Mexico is doing everything almost perfectly in preparation for their bilateral deal.  Canada is doing exactly the opposite and positioning themselves for the worst possible outcome of a deal with the USA.  The disparity in approaches is so different, even now it is remarkable to watch. PROMPTED:

(VIA BLOOMBERG) – […] Canada has “the second-best deal in the world” with its access to the US market, Lutnick said, behind only Mexico. The Commerce chief also indicated that Canada’s tilt toward China could become an issue in talks over revamping the US-Mexico-Canada trade agreement known as USMCA.

If Ottawa opts to import Chinese electric vehicles and other trade-strengthening steps with Beijing, “do you think the president of the United States is going to say you should keep having the second-best deal in the world” during USMCA talks, Lutnick questioned.

[…] Canada’s Finance Minister Francois-Philippe Champagne told reporters in Quebec City that every Group of Seven nation is charting its own strategic path forward with China, and Canada is no different. 

“We’ll continue to work hand in hand with our US partner,” he said. “At the same time, I think Canadians have understood by now that diversification is key. We need to be more resilient.” 

Mexico’s President Claudia Sheinbaum said separately Thursday that her nation will work to maintain the USMCA trade deal despite recent disputes between Carney and US President Donald Trump. Speaking at her daily press briefing, she also said she would try to talk with Carney.

Next week, Mexico’s Economy Minister Marcelo Ebrard will travel to Washington for trade talks, Sheinbaum also said, speaking in Puebla, Mexico. (read full article)

Having travelled to regions of the world in discussions with people who factually determine economic outcomes, it is clear that every single policy shift undertaken by the Canadian government of Mark Carney is exactly the opposite of what is needed.  In the next 24 months, the lifestyle of every Canadian will forever change.

President Trump is reestablishing an entirely new economic, trade and finance system. The era of the Marshal Plan is over; it has been factually deconstructed in the past 12 months.

Canadians and Europeans are desperately trying to offset the ramifications, hold on to their economic benefits and find a new mechanism to afford the domestic indulgences now eliminated by President Trump and the absence of money.

The EU and Canada have chased ‘climate change’ and ‘green energy’ schemes into a dead end of economic crisis. German Chancellor Merz has admitted the problem to the world.  The direct and collateral damage is generational, and only just now beginning to surface.

When combined with their intransigent resistance to adapt to President Trump’s global economic and trade reset, core issue “reciprocity”, this reality takes both economies down a path that becomes a self-fulfilling prophecy.

Choosing to embrace China in lieu of modifying bilateral trade agreements with the USA is a short-sighted fool’s errand. Unfortunately, with political calculations each entity, Canada and/or the EU collective, are pandering to their “feeling” base out of an unwillingness to change trade behavior as demanded by Trump.

From Ottawa to London, to Paris, Berlin and Brussels the geopolitical landscape is changing permanently as President Donald Trump resets their global trade relationship to the United States.

President Trump is leveraging the largest consumer market in the world to the benefit of the customer; that’s America.  Trump’s direct and specific intent is transactional, to rebuild an industrial and self-sufficient nation that is the envy of the world.

For several generations, Canada and the EU have exploited their biggest customer and taken the U.S. for granted. Both the EU and Canadian economies are stalled and soon to be shrinking.  The USA economy will easily grow above 5% GDP and Mexico is likely to be the biggest beneficiary of their proactive positioning.

It’s not about ‘feelings’ it is just the cold reality of the economics.

President Trump Delivers Remarks from Ford Truck Plant – “The USMCA Means Nothing to Me”


Posted originally on CTH on January 13, 2026 | Sundance 

President Trump’s impromptu remarks from inside the Ford F150 plant will probably not make headline news because, well, quite frankly, what President Trump says below is something the financial media just don’t want to discuss.

This is really an important point.  In the era where information is skewed based on the interests of the organization sharing the information, government or private sector media, it is extremely valuable to just listen to what President Trump says directly.  In comments such as this brief segment below, you can see exactly where he is going with manufacturing and trade policy.

Specifically pay attention to how President Trump emphasizes, then reemphasizes the irrelevance of the USMCA from his perspective.  As we have noted all along, the Trump administration (USTR Greer) will abandon the trilateral USMCA this year and instead begin a formal process for two bilateral free trade agreements.

Now, the entire financial media system is pretending this is not going to happen, especially in the statements by every stakeholder north of the border.  However, listen to how President Trump himself describes the USMCA or CUSMA as the Snow Mexicans like to call it.  Trump is completely nonplussed about what is going to happen.  WATCH:

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President Trump and Mexican President Sheinbaum Conduct Brief Phone Call


Posted originally on CTH on January 12, 2026 | Sundance

According to reporting from the Associated Press the telephone call lasted approximately 15 minutes; however, Mexican President Claudia Sheinbaum called it “a very good conversation.”

(AP“Sheinbaum said the two leaders did not speak about Cuba, which Trump threatened Sunday. Mexico is an important ally of the island nation, including selling it oil that it will need even more desperately now that the Trump administration says it will not allow any more oil shipments from Venezuela to Cuba.”

According to the AP report, President Trump again told President Sheinbaum that he was ready to support Mexico with U.S. law enforcement should she decide to take on the cartels.  Sheinbaum again said that Mexico did not need the U.S. help and progress was being made.

“We told [President Trump], so far it’s going very well, it’s not necessary, and furthermore there is Mexico’s sovereignty and territorial integrity and he understood,” Sheinbaum is reported as saying, which, if you think about it, is really quite an alarming statement even within a brief phone call.

When asked about combatting cartel influence, “so far it’s going well” is not exactly confidence inspiring.  Within the answer itself is an admission the Mexican government has an issue with cartel control.  – AP REPORT HERE 

Saying they have it under control is an admission there is something that needs to be controlled.  Apparently, success on this issue in Mexico is defined as, “a significant drop in homicides, falling U.S. fentanyl seizures and fentanyl overdose deaths.

According to Mexican Foreign Affairs Secretary Juan Ramón de la Fuente, these are the “tangible results” Secretary Rubio previously said were needed.  So, there’s that.

President Trump: “The Cartels are Running Mexico”


Posted originally on CTH on January 5, 2026 | Sundance 

Once again giving context to the immediate reaction from Mexican President Claudia Sheinbaum following the operation to exfiltrate Venezuelan dictator Nicolas Maduro, during the return flight to Washington DC President Trump spoke about how President Sheinbaum is “a little afraid” of the cartels in Mexico.

When asked about his previous offer to have the U.S. military intervene in the drug and human trafficking operations within Mexico, President Trump said, “I would say every single time I’ve talked to her I’ve offered to send troops.” Following up with, “she’s concerned, she’s a little afraid, the cartels are running Mexico. Whether you like it or not, the cartels are running Mexico.”  WATCH:

This is not just an ordinary off-the-cuff statement when you consider the ramifications. There is no closer geographic nation to the mainland United States other than Mexico, and President Trump is being brutally honest in his statement that Mexican President Sheinbaum is afraid of the cartels.  The cartels run the Mexican government.

Mexican residents living in the United States and sending money back to Mexico are a major economic driver of Mexico’s GDP.  Currently the best estimate of GDP is that personal remittances make up around 4% of their domestic economy.  The United States sent $62.5 billion dollars in remittances to Mexico in 2024, 96.6% of the total received by the country. 47% of remittances from the United States to Mexico are sent from California and Texas [source].

The remittances essentially subsidize the average Mexican family, while the illegal cartel income is estimated around $12 billion annually [source].   The total Mexican GDP is around $1.7 trillion [source], Canada is roughly $2.4 trillion, the United States is around $30 trillion.

OFFICIAL STATEMENTMexico condemns military intervention in Venezuela – The Government of Mexico strongly condemns and rejects the military actions carried out unilaterally in recent hours by armed forces of the United States of America against targets in the territory of the Bolivarian Republic of Venezuela, in clear violation of Article 2 of the Charter of the United Nations (UN).

Based on its foreign policy principles and its pacifist vocation, Mexico makes an urgent call to respect international law, as well as the principles and purposes of the UN Charter, and to cease any act of aggression against the Venezuelan government and people.

Latin America and the Caribbean is a zone of peace, built on the basis of mutual respect, the peaceful settlement of disputes and the prohibition of the use and threat of force, so that any military action puts regional stability at serious risk.

Mexico emphatically reiterates that dialogue and negotiation are the only legitimate and effective ways to resolve existing differences and therefore reaffirms its readiness to support any effort to facilitate dialogue, mediation or accompaniment that would help to preserve regional peace and avoid confrontation.

It also urges the United Nations to act immediately to contribute to the de-escalation of tensions, facilitate dialogue and create conditions that allow for a peaceful, sustainable solution in accordance with international law. (link)

“I would say every single time I’ve talked to [President Sheinbaum] I’ve offered to send troops. She’s concerned, she’s a little afraid. The cartels are running Mexico. Whether you like it or not, the cartels are running Mexico.” ~Donald J Trump

PROMISE #10: “Stop the migrant crime epidemic, demolish the foreign drug cartels, crush gang violence, and lock up violent offenders.” ~ Donald J Trump

JAVIER NEGRE: Venezuelans Are Celebrating In Cities Across Spain, Chile, Mexico, And South America, While Socialist Governments Criticize The Move Amid Longstanding Ties To Maduro’s Regime


Posted originally on Rumble on Bannon War Room on: January 3, 2026

Canada Trying to Find Trade Partners


Posted originally on CTH on December 31, 2025 | Sundance

A recent article in Politico quoting several cabinet members of Prime Minister Mark Carney reflects a particular reality of the problem their economy will face in 2026.

It appears that Canadian government officials have finally recognized the Trump administration plans to dissolve the USMCA or what Canada calls CUSMA next year.  With that reality they have a big problem.

Mexico has been working throughout the year to initiate economic policies in alignment with the United States.  However, structurally and politically this is an alignment that is impossible for Canada to do.  Like many contracting European countries, the economic policies of Canada are centered around their climate change agenda and green energy goals.

For the past few decades Canada bought into the carbon scam and enacted climate change goals into law for carbon pricing, alternative energy production, industry and manufacturing costs.  These mechanisms to control “climate change” are nuts in the big picture.

In order for Canada to position their economy to be in alignment with the rest of North America (USA and Mexico), Carney would have to reverse years of legislated rules and regulations.  That is not going to happen, and Canada will always be at a disadvantage because of it.

(Politico) – […] It’s a moment of existential crisis for Canada, a senior Carney government official told POLITICO. Waiting out the Trump administration isn’t an option, the official said, arguing that what’s happening in the United States reflects a generational shift — not a temporary disruption — and that returning to a policy of closer integration with America would be foolish. (more)

With three quarters of their economic production tied to exports into the USA, and with the USMCA likely to be dissolved in favor of a bilateral trade agreement, Canada now has to find other markets for its products or lower all the trade barriers currently in place.  Prime Minister Mark Carney is trying to find alternative markets.

Carney has looked toward Europe, but that is a closed trade bloc difficult to engage.  Carney has looked to southeast Asia, but that is an export driven market with limited capabilities to import costly western products.  Carney has looked to Japan and China, but on scale there’s little to be gained.

The question is, where can Canada send its products if not to the USA.   The brutally honest answer is nowhere.  There just isn’t any other market, or combination of markets, who could replace the consumer base of the USA.  Canada is refusing to admit this reality and 2026 is going to be a harsh awakening for the Canadian people.

The USMCA is currently facilitating around 60% of Canada’s exports into the United States.   Cancel that agreement and suddenly 100% of all Canada-U.S. trade is on the table for negotiations.

U.S. Trade Representative Jamieson Greer and President Trump are going to put the squeeze on Mark Carney and every province within Canada as a consequence of their intransigence.

[…] Two-thirds of Canada’s economy is powered by trade, and roughly three-quarters of its exports flow to the U.S. It’s a C$1.3 trillion annual relationship that was celebrated on both sides of the border in good times but has become a source of leverage for America, especially with the Trump administration expected to continue squeezing Canadian industries with tariffs.

Europe is Carney’s top priority for deepening existing free-trade relationships. But closer integration with the European Union is a long game, and Canada has no interest in joining the bloc, according to the official, pushing Ottawa to explore other regions.

“Trade diversification is nothing new. People have talked about this for decades,” Sidhu said. “The difference here is other countries’ willingness to look at Canada as a reliable, stable trading partner,” he added, saying Trump has had a bigger influence on Ottawa’s strategy than any difference in trade philosophy between Justin Trudeau and Mark Carney.

Canada’s governing Liberal Party is under new management, forcing a cohort of Trudeau-era lawmakers to quickly learn the language of economics to make an impression with the new boss. Social issues have been demoted — as have brown shoes.

Cabinet ministers are competing to establish themselves as closers to meet Carney’s high expectations. The result is overlapping mandates that sow confusion over who owns what.

Canada-U.S. Trade Minister Dominic LeBlanc leads a new portfolio created under Carney, who sliced out North America from the international trade minister’s purview. (read more)

Secretary Bessent Announces Treasury Operation on Southern Border to Target Money Laundering


Posted originally on CTH on December 24, 2025 | Sundance 

This is very interesting.  Treasury Secretary Scott Bessent has announced [Press Release Here] an operation to target money service businesses on the southern border.

The objective is to identify targeted financial transaction businesses who participate in money laundering for cartel and criminal activity.

WASHINGTON— Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a multi-tiered operation targeting more than 100 U.S. money services businesses (MSBs) operating along the southwest border. These MSBs—which provide financial services outside of a formal bank—are being examined for potential non-compliance with regulations designed to detect money laundering and combat illicit finance. FinCEN’s operation resulted in the issuance of six notices of investigation, dozens of examination referrals to the Internal Revenue Service (IRS), and over 50 compliance outreach letters.

“At President Trump’s direction, the Treasury Department is utilizing all tools to stop terrorist cartels, drug traffickers, and human smugglers,” said Secretary of the Treasury Scott Bessent. “This sweeping operation will help root out potential cartel-related money laundering from the U.S. financial system.”

MSBs operating along the southwest border can face elevated exposure to illicit activity, including the laundering of proceeds from drug trafficking, smuggling of illegal aliens, and other serious crimes. This operation is consistent with President Trump’s directive to secure the border and to pursue the total elimination of Cartels and Transnational Criminal Organizations. (read more)

Any law enforcement activity that targets the Mexican cartel system is ultimately going to impact the government of Mexico. Many people accept the cartels control most of the politicians within the Mexican government.

President Trump Participates in Border Defense Medal Presentation – 3:00pm ET Livestream


December 15, 2025 | Sundance | 44 Comments

Today, President Trump will participate in a Mexican Border Defense Medal award ceremony at the White House. The anticipated start time is 3:00pm ET with livestream links below.

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OSCAR RAMIREZ: The President Of Mexico Is Absolutely Bought And Paid For By The Cartels. After A Mayor Was Assassinated, She Claimed It Was Illegal To Go To War With The Cartels


Posted originally on Rumble on Bannon War Room on: November 17, 2025

Federal Officials Bust Two Mississippi Sheriffs and 16 Law Enforcement Officers Running Drugs for Mexican Cartels


Posted originally on CTH on November 3, 2025 | Sundance |

This is a remarkable story that has not gained significant attention.  Late last week FBI Deputy Director Andrew Bailey, the Dept of Justice and various law enforcement agencies announced the indictment of two Mississippi Sheriffs, city police chiefs and more than a dozen police officers who were running drugs and taking bribes from Mexican drug cartels.

The U.S. Attorney’s Office in the Norther District of Mississippi coordinated the indictments [SEE HERE].  U.S. Attorney Clay Joyner of the Northern District of Mississippi; Deputy Director Andrew Bailey of the FBI and Special Agent in Charge Robert Eikhoff of the FBI Jackson Field Office made the announcement and held a press conference.

Apparently, what tipped off the feds was several arrested criminals complaining to state and federal law enforcement that local police were demanding bribes they could not afford.  The Mexican drug cartels were paying up to $30,000 to the individual officers, sheriffs and police chiefs’ and the local criminals could not compete with that scale of bribery demand.

MISSISSIPPI – […] “Law enforcement is only effective when the community they protect can trust the law enforcement officers are honestly serving the community’s interests,” said Robert Eikhoff, special agent in charge of the FBI’s Jackson Field Office. “This type of corruption strikes at the heart of the community.”

Nineteen of the 20 people indicted are also charged with violating federal gun laws.

In addition to the two sheriffs, those charged include: Brandon Addison, Javery Howard, Truron Grayson, Sean Williams, Dexture Franklin, Wendell Johnson, Marcus Nolan, Aasahn Roach, Jeremy Sallis, Torio Chaz Wiseman, Pierre Lakes, Derrik Wallace, Marquivious Bankhead, Chaka Gaines, Martavis Moore, Jamario Sanford, Marvin Flowers and Dequarian Smith.

Court records show that the federal defender’s office is representing 16 of the 20 people charged, including the two sheriffs. (more)

[USAO Press Release Here]