In case anyone was wondering, Commerce Secretary Wilbur Ross is in Europe talking trade with the European Union. Within the delegation of trade negotiation, the EU trade agreement is designated to Ross, while USTR Lighthizer covers Canada and Mexico and Treasury Secretary Mnuchin is holding point on China. Secretary Ross is getting the royalty treatment in Greece today.
Meanwhile, Ambassador Robert Lighthizer is still engaged with Chrystia from Canada as negotiations continue to see if a U.S-Canada trade deal is possible. He must have the patience of Job. The 52,000 lost Canadian jobs announced today has shifted the landscape a little. Canada appears slightly more likely to back-away from prior demands to carve out the Canadian Dairy industry and continue the process of protectionist tariffs.
Ms. Freeland is heading back to Canada tonight, leaving her negotiation team in DC to continue working. However, Canada still demands to exempt their “cultural industries”, telecommunications and media sectors, from any trade agreement. The issues for Canada to join the U.S-Mexico agreement are/were:
open their telecommunications and banking sector (eliminate non tariff barriers).
eliminate soft-wood (lumber) and aeronautics federal subsidies.
begin a process of lowering their assembly use of Chinese/Asian goods.
accept the rules of origin for North American manufacturing.
eliminate protectionist tariffs on dairy and farm products.
accept the U.S-Mexico terms for arbitration and dispute resolution.
The Telecommunications/media sector is non-negotiable according to Justin from Canada. There may be flexibility within banking (not much information). The lumber and aeronautics subsidies could be dropped. Rules of origin are non-negotiable for President Trump. Protectionist tariffs on dairy and farm products are the current issue being discussed. Dispute resolution is an outstanding issue.
CANADA / WASHINGTON — The vexing issue of securing more American access to Canadian dairy remained a major obstacle in NAFTA negotiations as Canada’s lead minister on the continental trade pact departed the U.S. capital Friday.
Larry Kudlow, the director of President Donald Trump’s National Economic Council, laid that out in the plainest terms possible during a televised interview Friday morning, hours before talks ended between Foreign Affairs Minister Chrystia Freeland her U.S. counterpart, trade czar Robert Lighthizer.
Freeland had come to Washington this week in an attempt to break the impasse in the 13-month renegotiation of the North American Free Trade Agreement, which was started at Trump’s behest.
A senior government official, briefing reporters on background, said Freeland was departing Washington on Friday night, but would keep in touch with Lighthizer. Canadian and American negotiators would continue to meet, the official added. (more)
Chrystia Freeland remarks.
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Robert Lighthizer won’t discuss anything with the media; however, Larry Kudlow discusses some of the issues:
Earlier today National Economic Council Chairman Larry Kudlow appeared on CNBC for an extensive interview about the current U.S. economy. Jobs growing; wages growing; economy growing; trade deals improving…. Lots of good MAGAnomic stuff:
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(Via CNBC) White House economic advisor Larry Kudlow is extremely optimistic about the U.S. economy.
“The economic boom continues,” he said on CNBC’s “Squawk on the Street” Friday, citing the August jobs report and the month’s wage gain data. “It’s the big story of 2018. Jobs, growth, wages. It doesn’t get much better than that.”
The August jobs report came in above expectations Friday. The U.S. economy created 201,000 nonfarm payroll jobs for the month versus the 191,000 estimate from economists surveyed by Reuters. Average hourly earnings rose 2.9 percent for the month on an annualized basis, the highest since April 2009.
Kudlow also referenced other recent reports as evidence for the strong economy.
“Wages are rising very very well. This is great stuff. And it’s widespread,” he said. “ISM manufacturing BOOM! ISM services BOOM! There is no let up to this. Consumer spending, we’re probably emerging into a capital goods boom right now … This is the take-off.”
Last month, the government said GDP grew at a 4.2 percent annualized rate in the second quarter, the fastest pace in nearly four years.
Kudlow is director of the National Economic Council and is one of President Donald Trump’s top advisors. (more)
The U.S. economy added 201,000 jobs in August. The U.S. unemployment rate is 3.9%. And year-over-year U.S. wage growth jumped to 2.9%. [Bureau of Labor and Statistics Link]
Meanwhile, the Canadian economy dropped 51,600 jobs in August. The unemployment rate increased to 6%. And year-over-year wage growth dropped to 2.6%.
CANADA – The net loss in August — which was the second largest monthly decline since the last recession — drove the unemployment rate to 6 per cent, from 5.8 per cent a month earlier, while wage gains decelerated to their slowest this year.
Economists had expected a gain of 5,000 jobs and an unemployment rate of 5.9 per cent, according to the median estimate in a Bloomberg survey. So far in 2018, the Canadian economy has shed 14,600 jobs. (read more)
In the media analysis Bloomberg talks down the strength of the U.S. economy, and tries to dismiss the scale of the economic growth in America. Simultaneously, the same Bloomberg media outlet calls the Canadian results “whacky” and “unexpected” and makes excuses for the miserable economic results. Huh, imagine that.
Pro-growth; pro-business; small government; lower regulation; pro-economic expansion; -vs- Big government; anti-business; choking regulations; and low economic expansion.
Never before in the history of corporate branding decisions has a multi-billion dollar company had such a massive and swift drop of brand image as Nike. The results from Morning Consult Intelligence, a firm that specializes in monitoring and measuring the brand image and reputation for thousands of major companies, reflects a massive drop in brand image across every single demographic.
We suspected there would be a diminishment of brand image, but nothing like the scale discovered within the polled data:
The report features over 8,000 interviews conducted among American adults, including 1,694 interviews pre-campaign launch (8/26/18 – 9/3/18) and 5,481 interviews post-campaign launch (9/4/18 – 9/5/18). Additionally, Morning Consult conducted a study among 1,168 adults in the U.S. about Nike’s ad and the decision to choose Kaepernick as the face of the campaign.
Nike’s Favorability Drops by Double Digits: Before the announcement, Nike had a net +69 favorable impression among consumers, it has now declined 34 points to +35 favorable.
No Boost Among Key Demos: Among younger generations, Nike users, African Americans, and other key demographics, Nike’s favorability declined rather than improved.
Purchasing Consideration Also Down: Before the announcement, 49 percent of Americans said they were absolutely certain or very likely to buy Nike products. That figure is down to 39 percent now.
From a pure economic/financial perspective this Nike branding campaign doesn’t make sense. On its face, it just seems absurd. Why would any major corporation intentionally stake out a branding position that is adverse to their financial interests?
Today President Trump travels to Billings, Montana to host a MAGA campaign rally for the 2018 Mid-Terms. The rally is scheduled for 7:00pm Mountain time, 9:00 pm Eastern. With all of the recent headline news this is sure to be a dynamic rally.
President Trump is campaigning today in North and South Dakota. Here is video of a very relaxed and confident President Trump delivering remarks at the Delta Hotel in Fargo, North Dakota.
Earlier today President Trump met with dozens of sheriffs from across the nation and delivered public remarks.
The media was waiting in the room to pounce on questions relating to a New York Times op-ed presumably penned by an anonymous Senior Official titled: “I am a member of the resistance.” I’ll break out that part in a separate post:
[Transcript] 5:05 P.M. EDT – THE PRESIDENT: Well, that’s really nice. This is an honor because, when I was running, I think number one on our list was law enforcement, taking care of law enforcement, working with law enforcement. And really, we have to create guidelines and principles for the incredible job you’ve done. And you’ve done an amazing job.
And I will tell you, a lot of times you’re scorned and you’re looked at by the media because the media is very dishonest — much of it — in this country. Very, very dishonest. And the job that you’ve done, in light of all of the things that you have to go through — I guess, a little bit like me, also — but I will say that you have been really outstanding, incredible people.
Crime statistics are down. We’re really doing well, other than you take a couple of places around our nation where they have different policies than what we would put — and you know where I’m talking about. But there are a couple of places, they don’t believe in what we believe. But we have, together, done something very special.
I also remember so well, Sheriff, when we were together — I said we’re going to get you a lot of military equipment that you weren’t able to get. And it was sitting in warehouses all over the country, and in many cases, Mike, in other countries. You remember.
And we brought it back home, and you were able to get great military equipment like you couldn’t afford to buy in your budgets. And we gave it to you, and it protected a lot of people. We have a lot of people living today in your profession that would not, frankly, be around right now without the protection of that kind of equipment that we have sitting around waiting, and doing nothing, and just drawing dust.
So the fact that you gave me this award is something very meaningful. I will put that in a place of great honor in the Oval Office. But I really appreciate it. Thank you very much. It’s a great honor. Thank you. (Applause.) Thank you all. [END]
President Trump, Senate Majority Leader Mitch McConnell, and House Speaker Paul Ryan have teamed up this summer to do something that hasn’t happened in two decades — write and pass department spending bills instead of lumping everything into a massive package. … [W]hile Congress has taken the votes, many on Capitol Hill are giving Trump and his team the credit for breaking the 20-year log jam. They cite his refusal to sign another massive “omnibus” spending bill that ignored his priorities, even if it means shutting down the government.
“This is all driven by the president,” said a key congressional insider. “It’s a win for the president. For 20 years this system has been busted.” (source)
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[Transcript] 3:35 P.M. EDT – THE PRESIDENT: So thank you very much. I want to thank members of the House and Senate leadership for joining us today to discuss the September legislative agenda, including how we can responsibly fund the government, protect American taxpayers, and defend American security.
We’ve come a long way toward doing that. We’ve made tremendous progress over the last year and a half plus. And this group is very special to the country and very special to me. It’s a great group of people. I don’t think they get recognized as they should — the job they’ve done.
Thank you to my good friends, Speaker Ryan, Leader McConnell, Majority Leader McCarthy. The most brave — the bravest person around — where is our guy?– Steve Scalise. And I saw you the other night on a very major program. And good job. It was great. You’ve done a great job. And Senator Cornyn, good job this morning. I was watching. Senator Cornyn, thank you very much for being here.
Also, I want to thank Secretary Nielsen and Director Mulvaney. They’ve been working very well with the group and with Congress, and a lot of progress is being made.
In recent years, due to the Democrats’ obstruction — which is really what they are; they’re obstructionists. Their whole campaign is called “resist.” That’s about all they have going.
The government has been forced to pass so-called omnibus spending bills, where all of the spending is rolled into one giant package in a very rushed manner.
Last year, I said we’re not going to do that. We dont want to do that again. We don’t like it. But we wanted to take care of our military, which we did. And we took it beautifully. And they’re right now rebuilding the military to a level that it’s never been at before.
And also, we got $6 billion for the opioid crisis. And that was a very important thing. If we didn’t get that, we would have had some very big problems. So we took care of our military, and we spent a lot of money, and we’re spending a lot of money on working very hard on the opioid problem.
I’m also pleased to say the Senate and House Republicans have responded in so many different ways. They’ve made tremendous progress in funding our government at the fastest pace, Mitch, I think since 2000, I’ve heard. So that’s a pretty fast pace.
Also, I want to make good on a promise to fund border security. Democrats want to abolish ICE. They want to — I guess, by abolishing ICE, they don’t mind crime flooding into our country, because that’s exactly what would happen at a level like we’ve never seen before in the history of our country. And Republicans want to save American lives and support American law enforcement. And that’s what we’re doing.
No matter where I go, law enforcement comes up to me and they say, “Thank you so much, Mr. President.” And they really mean it.
I also want to make sure we pass a farm bill, which is moving along nicely, before the end of the month to help our great farmers. I strongly support the commonsense work requirements and the food stamps in the farm bill. We’ll see if we can get that. The farmers would like to get that.
We’re right now negotiating, as we speak, with Canada. And Canada is coming along. We’ll see how it all works out. But we have to have a fair — I won’t call it NAFTA, because we’ll be changing the name. We don’t want NAFTA. NAFTA has been very bad for our country. But we’ll have a trade bill. I’ll give you a little surprise as to the name when it’s completed, because it may have two or it may three. We’re going to find out pretty soon.
But I look forward to talking to the leaders. And they really have been a spectacular group of people to work with. And I want to thank all of you — Mitch and Paul and everybody. You really have been great. And we’ve made a lot of progress and we will make a lot more. The country is doing — on an economic basis, on a financial basis — probably better than it’s ever done before. The markets are up almost 50 percent since my election victory, which is something that, in history, I don’t think anybody would be able to say. Even in a much longer period, they wouldn’t be able to say it, for the most part.
But a lot of great things are happening. I think probably one of the stellar achievements is jobs, because unemployment is at the lowest levels that it’s ever been. And whether you look at African American unemployment or Asian unemployment or Hispanic unemployment, it’s at historic lows. Never in the history of our country has it been so good.
Women is 65 years. I always have a little fun with that one — I said we’re going to catch. Because 65 years is good. But 65 years is not as historic as “historic.”
So we’re doing very well in just about every way, and we’ll let you know about Canada. A lot of people are saying, “How are you doing with Canada?” We’ll let you know. We should know over the next two or three days. Maybe even today. But you will be the first to know.
And just one other point: The Amir just left, of Kuwait. And we talked about the difficulties in the Middle East. And I will tell you that tremendous progress has been made with respect to Iran. If you look at Iran, the first day that I got to office — or let’s look at it differently — a day before I got to office, everybody was saying Iran would be taking over the Middle East. It was just a question of when. Now they’re just looking to survive.
And we’ve made a lot of difference in the Middle East. People are being pulled out of various areas of Syria. People are being pulled out of areas of Yemen because it’s very tough right now for Iran. And when I came in, the Iran deal was a disaster. Ending the Iran deal was a great thing for humanity. But we’ll see how it all works out. We still have a ways to go, but Iran is a very much different place. We’ll see what happens, also, as to whether or not they talk. If they want to talk that’s fine, and if they don’t want to talk, that’s fine.
And just a final subject is China. Weve done very well in our negotiation with China, but we’re not prepared to make the deal that they’d like to make. We’ll continue to talk to China. I have great respect for President Xi. He’s really a very special guy. But right now, we just can’t make that deal. In the meantime, we’re taking in billions of dollars of taxes coming in from China, and — with the potential of billions and billions of dollars more taxes coming in.
I don’t like to see that China’s markets have dropped by close to 25 percent, but that’s what’s happened over the last few months. Their markets have gone down. I don’t like to see that. But I can tell you that the United States has picked up about $10 trillion in worth. And China would like to be in our position. They would like to be in our position.
So we’ll see what is going on with respect to that. But we’re doing very well in our discussions with China. We’re doing, maybe more importantly, very well with respect to China. But hopefully that will all work out in the not-too-distant future. Okay?
Thank you very much, everybody. Thank you.
Q Mr. President, are you going to get rid of Secretary Mattis? There’s a report you’re looking to replace Secretary Mattis. Is that true?
THE PRESIDENT: Well, he just made the nicest quote about me I think I’ve ever had. In fact, Mitch has never said anything so nice. Paul (inaudible). (Laughter.) I think Steve Scalise has said something just as nice. (Laughter.)
But no, he just gave me — I think, because the book is, you know, a total piece of fiction. And he was totally — not even misquoted. He never made the statement. He came out with the statement that — honestly, you know, I’ve heard over the years that General Mattis is an intellect. And when I read his statement, I asked him whether or not this was true.
He said, “Not only is it not true; I’d like to write a statement.” I said, “Thank you very much. That’s very nice.” He wrote the most beautiful statement.
No, I think he’s a terrific person. He’s doing a fantastic job as Secretary of Defense.
Q And he’ll stay in that job?
THE PRESIDENT: Yeah. He’ll stay right there. We’re very — we’re very happy with him. We’re having a lot of victories. We’re having victories that people don’t even know about. And he’s highly respected all over the world.
And I did appreciate his statement because he didn’t have to write that statement. But I did appreciate it. And I appreciated the statement of John Kelly. And I appreciated the statement of many others.
It’s like — you know, every week, I seem to have a book coming out. Some good, some bad. In all fairness, I get some good ones, too. But I like to take them on when they come out. That’s a piece of fiction.
Thank you, everybody. Thank you very much.
Q For the American people, why should they believe you over Bob Woodward — a respected journalist who helped bring —
THE PRESIDENT: Well, if you look at Bob Woodward’s track record, I mean, he had the same problem with Obama.
Q His reporting helped bring down President Nixon.
THE PRESIDENT: Excuse me. Ready?
Q Sure.
THE PRESIDENT: He had the same problem with President Obama. He had a tremendous problem with President Bush. Every time he wrote a book, they were complaining about it; they were complaining about the lack of accuracy.
And I understand him; that’s what he does. And I fully understood that before. In the end, I’m very happy with the way it turned out because I think the book has been totally discredited.
Thank you very much, everybody.
Q Mr. President, shutdown: yes or no?
Q Can you rule out a shutdown?
THE PRESIDENT: If it happens, it happens.
Q If it happens, it happens?
THE PRESIDENT: If it happens, it happens. If it’s about border security, I’m willing to do anything. We have to protect our borders. If we don’t protect our borders, our country is not going to be a country. So if it’s about border security, I’m willing to do what has to be done. Thank you very much.
Earlier today President Trump welcomed the Emir of Kuwait to the White House. During the oval office introduction President Trump also took questions from the media.
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Following the oval office welcoming, the Emir and President Trump held an expanded bilateral meeting. (Video Below)
♦ This Labor Day more Americans are working than ever before in the history of our country. ♦ This Labor Day our economy is growing more than all the pontificating pundits expected. ♦ This Labor Day our unemployment rate is the lowest in our lifetime. ♦This Labor Day there are more jobs available for American workers than ever before. ♦This Labor Day wages are increasing at a faster rate than at any time in the past three decades. ♦ This Labor Day inflation is growing at a lower rate than wages are increasing. ♦This Labor Day productivity is growing faster than any time in the past decade. ♦This Labor Day 323 metropolitan areas have the lowest unemployment ever. ♦This Labor Day consumer optimism is higher than anyone has ever recorded. ♦This Labor Day high-paying manufacturing jobs are growing at the highest rate in five decades.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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 