Posted originally on CTH on November 20, 2025 | Sundance
The govt shutdown made a mess of the economic data surveying and statistical analysis generally needed for accurate snapshots of the economy. However, the Bureau of Labor and Statistics (BLS) was able to release the September jobs report data {SEE BLS REPORT HERE}.
The geopolitical trade reset continues delivering domestic economic fluctuations, as each sector and specific international dependency reacts to President Trump’s shifts and turns in targeted economic policy. The September jobs report caught the economic pundits off-guard, as it showed a much bigger gain in jobs than they expected.
As noted by MSM, “The US added 119,000 jobs in September, far more than the 53,000 economists expected, and unemployment unexpectedly increased to 4.4% from 4.3%.” President Trump’s immigration enforcement continues to capture and remove illegal alien workers from the U.S. economy. This is also driving up domestic wages.
Posted originally on CTH on November 20, 2025 | Sundance
President Donald Trump and Saudi Arabia Crown Prince Mohammed bin Salman attended a U.S-Saudi investment forum and delivered remarks to the assembled business audience.
Posted originally on CTH on November 14, 2025 | Sundance
President Trump held an impromptu press conference aboard Airforce One heading to Florida for the weekend. The audio is a little challenging, but the sound is better on the Forbes link than the White House link.
President Trump discusses his lowering the import tariffs against some products the USA doesn’t create. Additionally, President Trump notes his intention to sue the BBC for compensatory damages as a result of their manipulation of his J6 speech. WATCH:
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President Trump speaks at length about inflation. He is absolutely correct on the 2021 Biden cause and effect.
For those who did not pay attention to the details at the time when we were researching and writing about it, including the warnings and preparations that we suggested everyone should take – HERE IS A REMINDER LINK!<- That is what President Trump is trying to deal with.
Posted originally on CTH on November 14, 2025 | Sundance
President Donald Trump gave U.S. Trade Representative, Ambassador Jamieson Greer, all the tools and leverage needed to bring the Swiss govt to a substantive trade agreement. The pressure was too much to bear, so Switzerland quickly negotiated a deal.
In the background President Trump’s global trade reset has been seriously damaging for the Swiss industrial economy. The EU overall, Germany specifically and China, have stopped purchasing precision Swiss industrial machinery.
It’s not the direct tariffs against Swiss precision machinery itself that created the pressure, but rather the tariffs against nations who purchased the Swiss precision machinery.
China was a big purchaser of the Swiss machinery, until Beijing stole enough intellectual property to develop their own precision machining capacity. Slowly China didn’t need Switzerland.
Germany and the EU economy then began to contract as the Trump tariffs bit hard against their exports to the USA.
Simultaneously, Chinese EV production started replacing more expensive European EV production, and the tooling purchases within the auto industry began contracting within Switzerland.
As things unfolded, the forecast for the future of the Swiss economy started to become very clear; their precision industrial exports were going to continue contracting. Something needed to change, and fast.
Ambassador Jamieson Greer announces a major free trade agreement with Switzerland {SEE HERE} and the White House provides a fact sheet {SEE HERE}. A joint statement is then released:
Today, the United States of America (United States), the Swiss Confederation (Switzerland), and the Principality of Liechtenstein (Liechtenstein) (collectively, Participants) express through this Framework their intention to negotiate an Agreement on Fair, Balanced, and Reciprocal Trade (Agreement). Through the Agreement, the Participants intend to create a dynamic and balanced trading relationship on a reciprocal and mutually advantageous basis, with a view toward creating good, high-paying jobs and economic growth in their markets. The Participants share a desire to make trade fairer, easier, and more substantial. The Participants further share a desire to foster secure and resilient supply chains and a conducive business environment to attract high-quality and trusted investment. Switzerland intends to take action to balance its trade with the United States, including by purchasing U.S. goods, facilitating investment in the United States, and removing tariff and non-tariff barriers for U.S. goods. The Participants intend to immediately begin negotiations of the Agreement with the aim to make significant progress, and if possible conclude the Agreement, by the first quarter of 2026, subject to their respective domestic processes.
The Participants intend for the negotiations of the Agreement to focus on the following key areas:
Investment, Commercial Considerations, and Opportunities
Switzerland and Liechtenstein support the increase of foreign direct investment by Swiss and Liechtenstein enterprises into the United States.
Switzerland intends to encourage and facilitate at least $200 billion of investment into the United States, across all 50 states, over the next five years, to create manufacturing and research and development jobs. Liechtenstein intends to encourage and facilitate at least $300 million of investment into the
United States and increase by 50 percent over the next five years the number of jobs created by its private sector in the United States. Switzerland and Liechtenstein intend to encourage and facilitate one third of these investments by the end of 2026. The United States intends to determine, in its application of reciprocal tariffs, if Switzerland and Liechtenstein have taken appropriate steps to encourage and facilitate these investments and associated job creation. If needed, the Participants intend to jointly discuss the steps taken to encourage and facilitate such investment and job creation and determine additional measures for investment promotion and facilitation.
The Participants intend to encourage their enterprises to promote and develop training and apprenticeship programs, including Registered Apprenticeship programs, for U.S. workers in key high-growth sectors in the United States, taking into account their current and future investments.
The Participants intend to cooperate on this issue.
Switzerland and Liechtenstein intend to work together with the United States on addressing potential distortions of bilateral trade and investment arising from industrial subsidies or actions of state-owned enterprises.
The Participants intend to create the best possible environment to encourage and facilitate cross-border investments and job creation.
2. Tariffs
Recognizing the Treaty of 29 March 1923 between Switzerland and Liechtenstein on Accession of the Principality of Liechtenstein to the Swiss Customs Area, the United States intends to apply the same tariff treatment to both Switzerland and Liechtenstein.
Switzerland and Liechtenstein intend to improve market access for U.S. goods, through the application of zero duties on all U.S. industrial goods, U.S. seafood, and certain U.S. agricultural goods, and through the application of tariff rate quotas for a number of other U.S. agricultural goods.
The United States intends to apply the higher of either the U.S. most-favored-nation (MFN) tariff rate or a tariff rate of 15 percent, comprised of the MFN tariff and a reciprocal tariff, on originating goods of Switzerland and Liechtenstein and to apply only the U.S. MFN tariff rate on certain products listed in the “Potential Tariff Adjustments for Aligned Partners” Annex to Executive Order 14346 (Modifying the Scope of Reciprocal Tariffs and Establishing Procedures for Implementing Trade and Security Agreements).
The United States intends to promptly ensure that the MFN tariff and the tariff imposed pursuant to Section 232 of the Trade Expansion Act of 1962 (Section 232) do not exceed 15 percent for originating pharmaceutical goods and semiconductors of Switzerland and Liechtenstein subject to Section 232 tariffs. The United States intends to positively consider the effect of the Agreement on national security, including when taking action under Section 232.
The Participants intend for the benefits of the Agreement to accrue predominantly to the Participants. If the Participants determine that the benefits are not accruing predominantly to the Participants, the Participants may modify the Agreement with rules of origin necessary to achieve that objective.
The Participants intend to cooperate, where relevant, on matters relating to transshipment and circumvention practices, in accordance with their respective domestic laws and regulations.
3. Non-Tariff Barriers and Related Matters
The United States and Switzerland each intend to accord to conformity assessment bodies located in the territory of the other treatment no less favorable than they accord to conformity assessment bodies located in their own respective territories. Treatment under this paragraph includes procedures, criteria, fees, and other conditions relating to accrediting, approving, licensing, or otherwise recognizing conformity assessment bodies.
The Participants intend to apply the World Trade Organization (WTO) Decision of the Technical Barriers to Trade Committee on Principles for the Development of International Standards, Guides and Recommendations (2000) to determine relevant international standards within the meaning of Articles 2 and 5 and Annex 3 of the WTO Agreement on Technical Barriers to Trade, and intend to negotiate provisions clarifying this understanding.
With respect to automobiles, Switzerland intends to work with the United States to facilitate the recognition of Federal Motor Vehicle Safety Standards.
The Participants intend to advance cooperation in mutually agreed strategic sectors, including medical devices. Switzerland intends to facilitate the acceptance of medical devices cleared or approved by the U.S. Food and Drug Administration.
The United States acknowledges the efforts made by Switzerland to facilitate trade in beef and beef products. Switzerland intends to work with the United States to address specific measures that restrict market access for U.S. poultry and poultry products, strengthening opportunities for U.S. agricultural exports in Switzerland. The United States and Switzerland intend to cooperate on streamlining sanitary requirements for labelling and certificates, particularly for beef, bison, and dairy products.
The Participants intend to discuss robust commitments related to intellectual property rights protection and enforcement, including transparent and fair treatment of geographical indications.
The Participants intend to continue to provide an open and competitive environment for service suppliers. Accordingly, Switzerland and Liechtenstein intend to consider opportunities to provide service suppliers additional access to their markets.
The Participants intend to increase their cooperation on labor-related trade issues, and work to address forced labor, including forced child labor, and the worst forms of child labor in supply chains. Switzerland and Liechtenstein intend to continue to protect internationally recognized labor rights. Switzerland and Liechtenstein intend to continue to adopt and implement high levels of environmental protections, effectively enforce their respective environmental laws, and work together with the United States on trade-related environmental measures, including those that may affect trade between each of them and the United States.
The Participants intend to negotiate commitments on good regulatory practices to ensure greater transparency, predictability, and participation throughout the regulatory lifecycle.
With a view to achieving greater reciprocal benefits from participation in their procurement markets, the Participants reaffirm their commitments under the WTO plurilateral Agreement on Government Procurement and their other binding international procurement obligations, and intend to clarify that states that are not party to these agreements do not benefit from non-discriminatory treatment in procurement at the central governmental level covered by such agreements, including through further implementation measures in their respective national procurement frameworks, if necessary.
The United States and Switzerland intend to foster the use of technology solutions that allow for full pre-arrival processing, paperless trade, and digitalized customs procedures.
4. Digital Trade and Technology
Switzerland and Liechtenstein intend to continue to refrain from imposing digital services taxes.
The Participants intend to facilitate trusted cross-border data flows and address data localization requirements, taking into account legitimate public policy objectives.
The Participants intend to explore mechanisms that promote interoperability between their respective privacy frameworks with a view to facilitating secure cross-border transfers of data.
The Participants intend to refrain from imposing customs duties on electronic transmissions and to support the multilateral adoption of a permanent moratorium on customs duties on electronic transmissions at the WTO.
5. Economic Security
The Participants intend to strengthen their cooperation on economic security, including on addressing non-market policies of third countries.
The Participants recognize that the effective enforcement of economic and trade sanctions serves the Participants’ shared interests. The Participants intend to strengthen existing cooperation with regard to U.S. export controls and sanctions.
Switzerland and Liechtenstein intend to cooperate with the United States on matters related to the review of inbound investment, including on the basis of national security.
Switzerland and Liechtenstein intend to work cooperatively with the United States to secure supply chains and improve supply chain resilience in sectors of shared interest.
The Participants intend to coordinate the timing of their respective domestic processes for the entry into force and implementation of the Agreement.
This document does not constitute a legally binding instrument creating or affecting any rights or obligations under international law. {SOURCE}
Posted originally on CTH on November 9, 2025 | Sundance
Treasury Secretary Scott Bessent appears on ABC This Week to combat the narrative engineering of DNC transcriptionist George Stephanopoulos.
Sometimes it’s worth watching Stephanopoulos, Bill Clinton’s former Chief of Staff, because he frames the political position, current and future, for the Democrat party. Video and Transcript Below:
[Transcript] STEPHANOPOULOS: And we’re joined now by the Treasury secretary, Scott Bessent.
Mr. Bessent, thank you for joining us this morning.
We’ve just heard about all these impacts from the shutdown — government shutdown right now. Are we starting to see — see a permanent impact on the economy?
TREASURY SECRETARY SCOTT BESSENT: Sure, George.
And good to be with you.
And we’ve seen an impact on the economy from day one, but it’s getting worse and worse. We had a fantastic economy under President Trump the past two quarters. And now there are estimates that the economy, economic growth for this quarter, could be cut by as much as half if the shutdown continues.
And what your correspondent didn’t talk about there, George, was there’s, of course, the human cost, and we’re going to have the busiest travel day of the year, the day after Thanksgiving. And, you know, Americans should look to five Democratic senators to come across the aisle to open that. But on the other side, there’s also, cargo is being slowed down. So, you know, we could end up with shortages, whether it’s in our supply chains, whether it’s for the holidays.
So, you know, cargo and people are both being slowed down here. And that’s for safety’s sake, George.
STEPHANOPOULOS: The president continues to post about ending the filibuster. Is that — is that the best way to end the shutdown right now? Is that what the administration’s position is?
BESSENT: No, George, the best — the best way to do it — and look, you were involved in a lot of these in the ’90s. And, you know, you basically called the Republicans terrorists and, you know, you said that it is not the responsible party that keeps the government closed.
And so, what we need is five brave, moderate Democratic senators to cross the aisle because right now it is 52 to three, 52 to three, five Democrats can cross the aisle and reopen the government. That’s the best way to do it, George.
STEPHANOPOULOS: I can disagree with you about the history there, but we don’t do history lesson right now.
BESSENT: No, George —
(CROSSTALK)
STEPHANOPOULOS: Let’s talk — let’s talk about — let’s talk about —
BESSENT: No, no, no. George, George, George —
(CROSSTALK)
STEPHANOPOULOS: Let’s talk — sir, let’s talk about what’s happening right now. I asked you a question —
BESSENT: If you want, I’ve got all your quotes here. I got all your quotes here, George.
STEPHANOPOULOS: I am sure — I am — I’m sure you do. But let’s talk about the situation right now —
(CROSSTALK)
BESSENT: And I went back and read your book. So, you got one — one purchase on Amazon this week. And that’s very much what you said.
STEPHANOPOULOS: That’s — it’s a mis — mischaracterization of history. But I do want to talk about right now, is the best way to end the — to end the shutdown right now to end the filibuster?
BESSENT: The best way is for five Democratic senators to come across the aisle. The — what are we on? Vote 13, 14, 15. Mike Johnson got the reopening out of the House very quickly.
And you know what — what’s changed since the spring, George, is — you know, is Chuck Schumer’s poll numbers. He had a clean continuing resolution in the spring.
And why are Democrats doing this now, George? Again, you’ve been involved with this. The — you know, explain what’s changed.
You know, Senator Chris Murphy gave the game away this week when he said, “Well, you know, now it’s to our advantage to keep the government closed.” They have turned the American people into pawns.
STEPHANOPOULOS: The president has also come forward with a new proposal overnight saying it’s time instead to do away with Obamacare, instead to have the money go directly to the people.
Do you have a formal proposal to do that?
BESSENT: We don’t have a formal proposal, but you know, what I have noticed over time is that the Democrats give all these bills the Orwellian names, the Affordable Care Act, the Inflation Reduction Act, and we end up with just the opposite. You know, the Affordable Care Act has become unaffordable, and the Inflation Reduction Act set off the greatest inflation in 50 years.
STEPHANOPOULOS: Well, I’m a little confused because the president been posting about that overnight and into this morning, but you’re not proposing that to the Senate right now?
BESSENT: We’re not proposing it to the Senate right now. No.
STEPHANOPOULOS: Then why is the president posting about it?
BESSENT: George, you know, the president’s posting about it, but again, we have got to get the government reopen before, you know, we do this. We are not going to negotiate with the Democrats until they reopen the government.
It’s very simple. Reopen the government, then we can have a discussion.
STEPHANOPOULOS: Let’s talk about affordability and inflation. That was one of the key concerns that voters said was on their minds as they were voting this Tuesday. It appeared to be the driving force in the elections. But President Trump is still insisting that prices are way down even though last month’s report showed inflation stuck at about 3 percent.
Are Americans worried about inflation just wrong?
BESSENT: Well, George, I can tell you, the — what we’re not going to do is what happened the — under the Biden administration where, you know, the administration and the media gaslit everyone and said, “Oh, you know, there’s a vibe session. You don’t understand how good you had — had it.”
And what happened then was we had the worst inflation, 40 or 50 years — you know, 22, 23 percent, but the basket of goods and services for working Americans was up more than 30 percent.
And what we’re seeing is we had to stop the increase first. Now we are starting to see prices level off, come down. You know, gasoline is down, interest rates are down, so mortgages are down. And I think we are making substantial progress on that.
And I think over the coming months and the next year, prices are going to come down.
STEPHANOPOULOS: The president says though, he just had posted this morning that there’s almost no inflation. The consumer price index is higher than it was in the beginning of the year. Electricity rates are rising, so are prices for coffee, beef, vegetables, televisions.
And it’s not just me. It’s not just economists are saying that. Your own Republican members of Congress are saying that, including Marjorie Taylor Greene. Let’s look.
(BEGIN VIDEO CLIP)
REP. MARJORIE TAYLOR GREENE (R-GA): I go to the grocery store myself. Grocery prices remain high. Energy prices are high. My electricity bills are higher here in Washington, D.C., at my apartment, and they’re also higher at my house in Rome, Georgia. Higher than they were a year ago. So — so, affordability is a problem.
(END VIDEO CLIP)
STEPHANOPOULOS: How do you respond to Congresswoman Greene?
BESSENT: Well, George, what I — what I would respond to is electricity prices are a state problem. And you know, I was very interested to see in the earlier clip where the governor — the governor-elect of New Jersey said, “Well, I’m going to bring down energy prices.” Well, it was her predecessor, Phil Murphy, who took them up.
So, you know, look, there are things that the federal government can control. Local electricity prices are not one of them. But, you know, energy prices, gasoline prices, are way down. And, you know, we — we are doing what we can every day. I think we’re on a very good path to bringing prices down.
STEPHANOPOULOS: Let’s talk about tariffs and the Supreme Court. The president is also posting about tariffs this morning. He’s saying, “people that are against tariffs are fools. We’re taking in trillions of dollars.” Is that true?
BESSENT: We have taken — over the course of the next few years, we could take in trillions of dollars, George. But the real — the real goal of the tariffs is to re-balance trade and make it more fair.
You know, over time, the president’s goal is to bring back manufacturing to the U.S. You know, for the past two, three, four decades we have seen our manufacturing sector gutted. So, what would happen over time is we would take insubstantial money, as factories come back to the U.S., as we’re seeing now. I was just down in South Carolina at a rare earth magnet plant and a Boeing plant on Friday. And, you know, that’s the, I believe, 1,500 total new jobs. Tariff income will be substantial, but then that will rebalance.
The goal here, George, is to re-balance trade. So, tariff income will be substantial at the beginning. It will come down. And then domestic tax revenues will climb as corporate taxes go up and all of these high-paying jobs are created.
STEPHANOPOULOS: The president’s main argument, though, seems to be that we’re — it’s about taking in the revenue. And he also promised this morning a dividend —
BESSENT: No, no, no, George. Stop right — no.
STEPHANOPOULOS: A dividend of at least $2,000 a person, not including high-income people. How is he going to pay that dividend of $2,000 a person?
BESSENT: Yes, George, it’s not about taking in the revenue, it’s about re-balancing. And the revenue occurs early on. And then as we rebalance and the jobs come home, then it becomes domestic tax revenue.
STEPHANOPOULOS: Are you worried that the president’s focus on revenue, though, which is what he’s been focusing on in his public statements, is going to hurt your argument in the Supreme Court?
BESSENT: Not at all. It’s completely consistent that the revenues come in at the beginning, then, as we rebalance, which is the goal of this, bring back high-paid manufacturing jobs to the U.S., then it will then morph into domestic tax revenues.
You know, President Trump has consistently fought for the American worker, and we are seeing trillions of investments in the U.S. that would not have occurred without the tariffs.
The other thing, too, is, you know, the authority that he uses is called IEEPA. It is an emergency authority. And he used that emergency authority. He got the Chinese to the table to negotiate on stopping the precursors for fentanyl drugs. You know, fentanyl, hundreds of thousands of Americans dying every year is not an emergency, what is? On October 8th, Chinese threatened to put export controls on rare earth materials. He was able to threaten 100 percent tariffs, and we were able to negotiate that away.
And then, finally, in terms of the general tariffs, we are doing these trial deals that would not be possible. We were at a tipping point in terms of the economy, in terms of our trade balance, and we are re-balancing successfully.
STEPHANOPOULOS: Do you have a proposal, a formal proposal, to give a $2,000 dividend to every American?
BESSENT: I haven’t spoken to the president about this yet, but, you know, it could — the $2,000 dividend could come in lots of forms, in lots of ways, George. You know, it could be just the tax decreases that we are seeing on the president’s agenda. You know, no tax on tips, no tax on overtime, no tax on Social Security. Deductibility of auto loans. So, you know, those are substantial deductions that, you know, are being financed in the tax bill.
STEPHANOPOULOS: Secretary, thanks for your time this morning.
Posted originally on CTH on November 5, 2025 | Sundance
Commerce Secretary Howard Lutnick appears on NewsMax to discuss his perspective on the Supreme Court oral arguments surrounding the legal challenges to President Trump’s tariff authority.
Secretary Lutnick attended the court arguments today and is very optimistic about the outcome of the arguments. WATCH:
Posted originally on CTH on November 5, 2025 | Sundance
Today, the Dept of Justice Solicitor General Dean John Sauer provided oral arguments to the Supreme Court in support of President Donald Trump’s tariff authority. The issue at the heart of the matter is the International Emergency Economic Powers Act (IEEPA), which grants the president the power to levy tariffs.
Chief Justice John Roberts and Justice Sonia Sotomayor, leaned heavily on the argument that tariffs are taxes against the American people, and all taxes must come from Congress. The ‘tariffs are taxes’ argument seems to be the linchpin for the leftists on the court and the Gorsuch ‘conservatives’.
Solicitor Sauer countered the IEEPA tariffs are “regulations” against foreign imported goods. “The power to impose tariffs is a core application of the power to regulate foreign commerce, which is what the phrase ‘regular importation of commerce’ in IEEPA naturally evokes,” Sauer said.
The full audio of the arguments is provided below. (I’m working on the transcript). WATCH (prompted):
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It’s not as easy, Chief Justice Roberts said, to simply frame a tariff as a tax – a power reserved to Congress. “It implicates, very directly, the president’s foreign affairs power,” said Roberts, who is a key vote to watch in the case.
Trump’s tariffs, Roberts said, were “quite effective” in achieving the president’s particular objective. That position is closely aligned with the administration’s position that a president has broad power in the context of foreign affairs.
The court is expected to hand down a decision by the end of June – or potentially sooner.
Posted originally on CTH on November 1, 2025 | Sundance
On Friday President Trump noted (off-the-cuff) he was ambivalent to the trade interests of Canada and had no intention to restart discussions. However, Trump also said he holds no personal animosity toward Canadian Prime Minister Mark Carney for the stupid and antagonistic move they made in purchasing a manipulative television ad intended to undermine the Trump trade position.
On Saturday, Prime Minister Mark Carney confirmed he did apologize to President Trump for the Canadian effort.
GYEONGJU, South Korea, Nov 1 (Reuters) – Canadian Prime Minister Mark Carney said on Saturday he had apologised to U.S. President Donald Trump over an anti-tariff political advertisement and had told Ontario Premier Doug Ford not to run it.
Carney, speaking to reporters after attending an Asia-Pacific summit in South Korea, said he had made the apology privately to Trump when they both attended a dinner hosted by South Korea’s president on Wednesday.
“I did apologise to the president,” Carney said, confirming comments by Trump made on Friday.
Carney also confirmed that he had reviewed the ad with Ford before it aired but said he had opposed using it.
“I told Ford I did not want to go forward with the ad,” he said.
The ad, commissioned by Ford, an outspoken Conservative politician who is sometimes compared to Trump, uses a snippet of Republican icon and former President Ronald Reagan saying that tariffs cause trade wars and economic disaster.
In response, Trump announced that he was increasing tariffs on goods from Canada, and Washington has also halted trade talks with Canada.
When departing South Korea earlier this week, Trump remarked he had a “very nice” conversation with Carney at that dinner but did not elaborate. On Friday Trump still said the United States and Canada will not restart trade talks. (read more)
Carney also noted he had great discussions with Chinese Chairman Xi Jinping but did not negotiate any trade deals.
Instead, the Canadian Prime Minister emphasized the release of Canadian citizens detained in China and requested that Beijing not interfere in Canadian domestic politics.
The irony is strong.
The current USMCA (CUSMA) trade pact covers approximately 60% of U.S-Canada trade; it is the remaining 40% is being debated and argued.
President Trump’s position is pragmatic. He would prefer to just deal with 100% of the trade sectors in one bilateral free trade agreement; hence, his ambivalence until the USMCA is dissolved.
Canada, on the other hand, is entirely dependent. They demand all trade conflicts be resolved without opening up the USMCA. Again, another conflict. Canada is like the dependent spouse in a divorce arguing for child support payments when the “children” are in their twenties.
The current status is President Trump pulling back completely from discussions with Canada, while the various provincial Premiers and Prime Minister Mark Carney agonize over the issue.
At a certain point, when the entire national economic plan of Canada is based on “Donald Trump bad”, and all political messaging internally is to proclaim they have no alternative policy positions, the Canadians might not realize it, but they are confirming complete and total dependency on the nation Donald Trump represents.
What took place in last week’s tour of Asia, makes Canadian Prime Minister Mark Carney look very small.
Posted originally on CTH on October 30, 2025 | Sundance |
Secretary of Treasury Scott Bessent appears on Fox News with Maria Bartiromo to discuss the Asia tour by President Trump and the trade delegation that culminated with a lengthy meeting between President Trump and Chairman Xi Jinping.
By locking down trade agreements with Australia, Malaysia, Cambodia, Vietnam, Philippines, Thailand, Japan and South Korea in advance of the meeting with Xi, President Trump had effectively boxed out the maneuvers of Beijing and isolated any contravening strategy.
Chairman Xi was facing a U.S. strategic trade reset with multiple options for replacement of Chinese goods and resources. As a result, the Beijing trade delegation recognized President Trump had effectively neutered the scale of their economic power and influence over the U.S. economy. Instead, the best play for big panda was to shake hands and come to agreeable terms. WATCH:
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Playing into President Trump’s hands was/is the strains currently ongoing within the Chinese domestic economy. Further friction against the USA would have weakened Chairman Xi domestically.
Posted originally on CTH on October 30, 2025 | Sundance
President Trump recapped the trip to both ASEAN and APEC conferences, along with the substantial trade agreements that took place with various nations. One of the key points of inquiry was the meeting between President Donald Trump and Chinese Chairman Xi Jinping.
President Trump– “I had a truly great meeting with President Xi of China. There is enormous respect between our two Countries, and that will only be enhanced with what just took place. We agreed on many things, with others, even of high importance, being very close to resolved. I was extremely honored by the fact that President Xi authorized China to begin the purchase of massive amounts of Soybeans, Sorghum, and other Farm products. Our Farmers will be very happy! In fact, as I said once before during my first Administration, Farmers should immediately go out and buy more land and larger tractors.
I would like to thank President Xi for this! Additionally, China has agreed to continue the flow of Rare Earth, Critical Minerals, Magnets, etc., openly and freely. Very significantly, China has strongly stated that they will work diligently with us to stop the flow of Fentanyl into our Country. They will help us end the Fentanyl Crisis. China also agreed that they will begin the process of purchasing American Energy. In fact, a very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska. Chris Wright, Doug Burgum, and our respective Energy teams will be meeting to see if such an Energy Deal can be worked out.
The agreements reached today will deliver Prosperity and Security to millions of Americans. After this Historic trip to Asia, I am now heading back to Washington, D.C. I want to thank the Great Countries of Malaysia, Japan, and South Korea for being so generous, gracious, and hospitable — Also, Australia, Canada, New Zealand, Singapore, Thailand, and Vietnam, who were at the Dinner last night hosted by His Excellency Lee Jae Myung. Hundreds of Billions of Dollars are being brought into our Country because of them. Our Nation is Strong, Respected, and Admired. Again and, THE BEST IS YET TO COME!”
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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
Centinel2012 