From the office ofCommerce Secretary Wilbur Ross: The groundbreaking on Foxconn’s $10-billion factory to produce state-of-the-art flat-panel displays in Mount Pleasant represents a milestone for America.
With a 20-million-square-foot campus situated on 3,000 acres, the new Foxconn plant will be among the largest factories ever built in the United States. It will take two years and 10,000 construction workers to build, and employ 13,000 workers when in full production of a variety of LCD screens. It is one of the largest foreign direct investments ever made in the United States.
It would never have happened without the promise of the Trump tax cuts and the President’s personal intervention.
As important as the new factory is to the workers of Wisconsin, the facility is also a symbol of what is to come: It is the first of a large number of investments in advanced manufacturing facilities being reshored from overseas locations back to the United States.
Foxconn CEO Terry Gou has already said that he is considering another enormous facility in the United States.
The active role President Trump and his administration have taken in economic development was another deciding factor. President Trump met with Mr. Gou more than half a dozen times over the last 14 months, impressing upon him the benefits of creating jobs in the United States, and producing in a market of 325 million consumers.
Those meetings were followed with weekly calls between Trump administration officials and Foxconn executives.
Wisconsin Gov. Scott Walker was instrumental as well in selling the virtues of Wisconsin as a business-friendly state and providing the financial incentives needed to seal the deal that will create a large-scale high-tech innovation hub.
The Trump administration understands how important it is to rebuild the U.S. consumer electronics manufacturing sector. The United States still leads in the creation of innovative, high-tech products such as semiconductors, state-of-the art materials and components, parts and software, but it must regain its footing in the large-scale production of consumer electronics.
With advanced manufacturing techniques including robotics, the United States is now competitive with factories in low-wage countries and is an attractive place for investment.
The administration’s business-friendly tax, trade and regulatory policies have tilted the playing field in favor of the United States, but other attributes of doing business in America are contributing to a renaissance in U.S. manufacturing. Among these are the costs of transportation from foreign factories; the need to produce new products in real time to changing consumer demands; rising foreign wage rates; increasing risks associated with producing in foreign markets; strong U.S. intellectual property protections; the establishment of new U.S. apprenticeship and technical training programs; the availability of top technology talent; and the quality of life in America in pristine places like Wisconsin.
Moreover, rebuilding the consumer electronics industry provides researchers in U.S. universities and laboratories with an avenue to commercialize their R&D. And it reinvigorates the large U.S. industrial base of innovative high-tech companies. For every new job created by Foxconn three to four jobs will be created in the supply chain, not to mention the hundreds of jobs supported in local communities.
Since President Trump took office, more than 300,000 new manufacturing jobs have been created in the United States. Last year, the U.S. experienced the net addition of more than 4,000 new factories, after suffering the loss of 65,000 factories between 2001 and 2013.
President Trump promised to fix the tax system; he promised to fix the regulatory system; and he promised to fix trade. We are now seeing tangible results from his delivering on these promises.
President Trump often holds local media Q&A’s when discussing specific local aspects to larger trade and economic initiatives. In this quick interview with Charles Benson President Trump discusses the Foxconn deal (more on that will follow), and the larger issue surrounding a global trade reset objective (important video below).
As steps are taken within the America-First economic initiatives, many people are overlooking President Trump’s ultimate goal of a complete global reset in trade. The Trump administration wants all trade tariffs and trade barriers removed so that all nations can compete on an even field.
In order to achieve that goal, POTUS Trump is applying the process of reciprocity; assigning an identical U.S. trade standard as the country being confronted.
The international community cannot negotiate (in good faith), from an adversarial position, against an identical trade policy they apply toward the U.S.
However, until today no President has ever called out the global trade hypocrisy; let alone challenged it directly. President Trump will not back down from this approach. The international trade community is just now realizing that fact.
Within the process of negotiation to achieve this reset, President Trump begins to apply the principles of reciprocal trade tariffs. This is the first phase; this is where we are now.
Each nation is now recalculating all of their economic trade analyses, using the new Trump applied reciprocity-initiatives as changes to old equations and calculations. The baselines have changed.
As each nation quantifies the potential for damage, they formulate a plan to avoid the worst-case scenario. Remember, access to the $20 trillion U.S. market is required in order for almost every trade partner to survive; this is ultimately Trump’s leverage.
Each partner will have to concede to terms to continue access to the U.S. market. The terms are simple: “Free, Fair and Reciprocal” trade; on every sector (except national security); without government subsidies. In essence, a completely free global market.
Within the interview, President Trump notes: “the longer it takes, the better deal we are going to make for our country.” In essence, as each nation tries to retain their current benefit status; the longer they wait to apply reciprocity; the bigger the negative ramifications from not accepting the current terms. This is the key point:
The Supreme Court delivered a decision in the last week of its session that dealt a major blow to a California law requiring anti-abortion pregnancy centers to inform women about publicly funded abortion and contraception services. This was a very slick attempt to circumvent the First Amendment by forcing people to deliver a government script written by politicians. This was a 5-4 ruling delivered by Justice Clarence Thomas, where the court’s conservatives in the majority, stated that the law violated the First Amendment by compelling speech.
“Licensed clinics must provide a government-drafted script about the availability of state-sponsored services, as well as contact information for how to obtain them,” Thomas wrote. “One of those services is abortion — the very practice that petitioners are devoted to opposing.” The legal issue here may be abortion, but once you allow compelled speech on one issue, you will open the door to everything else. In a concurring opinion, Justice Anthony Kennedy wrote that the law was “a paradigmatic example of the serious threat presented when government seeks to impose its own message in the place of individual speech, thought and expression.”
California was trying to circumvent the law by demanding pregnant women be notified of their rights to an abortion. Those who support abortion have to look at all the ramifications once you open that door. You could also then pass laws if a woman seeks an abortion that she MUST view an ultrasound as the worker reads a script explaining about the growth of their fetus. You can pass a law that says you cannot beat your wife. The unintended consequence would be that a man could then beat anyone who was not his wife. Law turns on wordsmithing. As they say, God wrote the Ten Commandments and man has tried to express the same thing in more than one billion pieces of legislation.
If you allow compelled speech that orders a woman to be advised of her right to abortion, you will also authorize a compelled speech instructing a woman on the rights of a child if she seeks an abortion. There are always two sides to every issue. The last thing we need is compelled speeches written by politicians.
Good news within a strenuously spun Reuters article. Don’t get lost looking at the granules; apparently all of the prior Canadian strategy against President Trump has failed.
For well over a year Justin from Canada and Foreign Minister Chrystia Freeland were confident they could leverage the U.S. Chamber of Commerce, purchased DC politicians and ideological allies against President Trump in NAFTA negotiations. The result? Fail, fail and more fail.
Running out of options, Canada now attempts to save their NAFTA construct by turning to the executives within the auto industry:
OTTAWA (Reuters) – Canada’s trade minister last week met senior officials from General Motors Co and Fiat Chrysler Automobiles NV in Detroit, as Ottawa takes its lobbying effort directly to the Big Three carmakers to avert potential U.S. auto tariffs.
The Liberal government is relying on industry partners to press Canada’s cause in the White House and elsewhere, using their influence to protect Canadian interests, sources with direct knowledge of the discussions told Reuters.
[…] The auto industry, Canada’s biggest exporter, represents about 500,000 direct and indirect jobs and contributes C$80 billion ($60.1 billion) a year to the economy.
“Instead of us galloping all over the United States talking to everybody, it’s really focused right now on the automobile manufacturers, the automobile suppliers,” said one source, who requested anonymity given the sensitivity of the situation.
The Canadian message was “now is the time to speak up, now is the time to exercise whatever influence you might be able to bring to bear,” added the source. (read more)
Or put another way…. “Halp”!
Each sequential step in the Trump trade strategy is designed to head-off any counter position by positioning individual best-interests ahead of any defensive group formation.
The Canadian and Mexican economy (due to NAFTA) cannot survive without importing cheap durable goods from China to use in their assembly-based economies, and then trans-ship into the U.S market. However, the U.S. economy can survive, it can actually expand BIGLY, without accepting trans-shipped assembled goods from Mexico and Canada
Put simply, without NAFTA, the assembly processes just moves INTO the U.S because the market *is* the United States. We are the $20 trillion customer. We hold the leverage.
Example:
NOTE: “Donnelly said in his opening remarks that there was already a rise in product being diverted to Canada in recent years and signs of even more since the U.S. tariffs began this year.”..
This is evidence of multinationals exploiting the NAFTA loophole to avoid U.S. tariffs. This fatal flaw is at the very heart of the issue within the U.S. trade policy inside NAFTA. As long as Mexico and Canada remain gateways for foreign good assembly and shipment into the U.S. there will never be a way for the U.S. to demand fair and reciprocal trade.
Canada knows their decades-long designed economic position as shipment/assembly trade-brokers is the central issue is the heart of the confrontation with USTR Lighthizer, Commerce Secretary Ross and President Trump. As multinational corporations seek to avoid Trump tariffs they only exacerbate the issue.
If Canada and Mexico don’t try to stop their duplicitous NAFTA benefit scheme, they will end up with even bigger trade surpluses and become even bigger targets for President Trump. In essence, the reason for Canada and Mexico being subject to even more encompassing Trump tariffs’ grows.
If Canada and Mexico do nothing to stop this influx; Trump will levy more than just steel and aluminum tariffs; he’ll likely tax their auto-sector.
As a consequence Canada moves do back-down Red Dragon:
The Canadian government is preparing new measures to prevent a potential flood of steel imports from global producers seeking to avoid U.S. tariffs, according to people familiar with the plans. The Canadian dollar weakened and shares in Stelco Holdings Inc. soared.
The measures are said to be a combination of quotas and tariffs aimed at certain countries including China, said the people, asking not to be identified because the matter isn’t public. The moves follow similar “safeguard” measures being considered by the European Union aimed at warding off steel that might otherwise have been sent to the U.S. It comes alongside Canadian counter-tariffs on U.S. steel, aluminum and other products set to kick in on July 1. (read more)
The bottom line is U.S. market access is what all production countries need for their goods and the sustainability of their economies.
Tonight President Trump attends a ‘Make America Great Again’ rally in Fargo, North Dakota. Co-hosting the rally is Congressman Kevin Cramer, hoping to unseat ND Senator Heidi Heitkamp in the 2018 midterms. Anticipated start time 7:00pm CDT / 8:00pm EDT With pre-rally speakers and events starting earlier
Earlier today President Trump’s National Security Advisor John Bolton met with Russian officials including President Vladimir Putin. At the conclusion of their discussions Mr. Bolton held a brief press conference to answer questions.
We anticipate that tomorrow a joint U.S-Russia announcement for a summit to be held later this year.
Speaking to reporters in the Oval Office where he was joined by President Marcelo Rebelo de Sousa of Portugal, President Trump delivered remarks on the announcement of Supreme Court Justice Anthony Kennedy’s retirement.
Earlier today Supreme Court Justice Anthony Kennedy had a meeting with President Donald Trump to notify the president of his intended retirement announcement. A few hours later Justice Kennedy made the announcement public.
In a letter to President Trump, Kennedy wrote “it is the highest of honors to serve on this Court,” and he expressed his “profound gratitude for having had the privilege to seek in each case how best to know, interpret, and defend the Constitution and the laws that must always conform to its mandates and promises.”
The decision by the 81-year-old justice is all but certain to kick off a pitched confirmation battle because of the likelihood for his successor to move the court’s future decisions on a number of significant issues.
It was rumored last year that Justice Anthony Kennedy wanted to retire; however, Kennedy holds institutional and traditional reverence for the court far beyond politics. It was likely he deferred the decision until after Justice Gorsuch, a former protege’, gained a year of comfort on the court. Justice Kennedy has long showcased his disdain for politics and how it corrupts the court; and his outlook is so steeped in judicial tradition it was anticipated would defer/delay his own personal interests if he sensed a need to guard or protect the integrity of traditions within the court from the toxic infiltration of politics.
When he nominated Kennedy, Reagan billed Kennedy as a “true conservative,” but he was generally regarded as a consensus pick after the failed Bork and Ginsburg nominations; Reagan himself noted that Kennedy “seems to be popular with many senators of varying political persuasions.” The Kennedy nomination drew disapproval from some conservatives, however. Senator Charles Grassley, a Republican from Iowa, characterized Reagan’s choice as a “basic compromise of principle,” while political activist Richard Viguerie described the nomination as a “total surrender to the left.”
Over the next three decades, conservatives were indeed often disappointed with Kennedy and his votes on a variety of issues, particularly social ones. One such topic was abortion. Anti-abortion voters had played a key role in Reagan’s election, and Kennedy initially provided both the president who appointed him and those voters with reason to be optimistic. Just a little over a year after his confirmation, Kennedy joined the majority in upholding a Missouri law that (among other things) defined life as beginning at conception and required doctors to conduct fetal viability tests before performing abortions on women who were 20 or more weeks pregnant. Along with Justice Byron White, Kennedy also joined a separate opinion, written by then-Chief Justice William Rehnquist, that would have effectively dismantled the test outlined in Roe v. Wade, the Supreme Court’s landmark 1973 decision establishing a woman’s basic right to an abortion. And in 2007, Kennedy wrote the majority opinion when a closely divided court upheld a federal law that criminalized a procedure known as a “partial-birth” abortion. (continue reading)
Earlier today President Trump delivered remarks to student and university leadership during an event at the Eisenhower Executive Office Building:
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[Transcript] 12:18 P.M. EDT – THE PRESIDENT: Thank you. Thank you very much. It’s a young, very good-looking group of people. I hate it. I hate that. Please sit down. Great looking group. I’d like to be your age. (Laughter.) No, I’d love it. How much? Charlie, you’re doing a great job. Great job. Thank you very much.
I’m thrilled to be here with such a very talented group of young Americans. Incredible achievement already in your lives.
We’re joined today by student leaders from colleges and universities from all across our nation. You are the people on the frontlines of our move to forge a future of true American greatness. We’ve done an awfully good job in the last short period of time. Had a lot of success. A lot of success over the last couple of days in the Supreme Court. A lot of great things are happening.
A very special thanks, also, to my friend Charlie Kirk of Turning Point USA for being with us and helping us with this event. Thank you very much, Charlie. Spectacular person.
I also want to welcome all of the young people that I have such respect for. Union representatives, where are you? Raise your hand, please. The toughest negotiators you’ll ever find. (Laughter.) That’s good. That’s good. I’m glad that you’re here. And you’re participating in vocational and apprenticeship programs, and there’s nothing more important. It’s really the beginning of something very big for all of you. It’s great to have all of you with us.
And thanks, also, to the interns here from NASA. We have — how about raising your hands? Let me see NASA. Yeah. That’s a good future because of President Trump. We opened that up again. (Laughter.) We opened it up. (Applause.) NASA was heading in, I was going to say the wrong direction. It was heading in no direction. There was nothing happening, and now it’s happening.
And you heard me the other day when I was talking about it: Let the rich guys do it. We have all these rich guys; they love rockets. They’re all sending up — Bezos and Elon Musk, and all of them. They’re sending — they love the rocket business. Let them — just rent it to them for a lot of money and let them play. You know, they need our land. It’s good to be in the real estate business. They need our land. Let them send up their rockets. Let them be the first to Mars, and we’ll take all the credit. Okay? (Laughter.)
But NASA is very important. And we also, on a serious note, are very, very much involved with that, and also from a military standpoint. Space — you know all about Space Force. But space is a very big factor in the Trump administration. Very important for defense. Space Force.
Each of you represent the future of this nation. You arent afraid to speak the truth and the truth as you know it, and to stand up for what you know is right, even if it means being politically incorrect on occasion. Okay? I’ve been politically incorrect a lot, and here we are. So it’s okay, I guess. (Laughter.)
We believe in free speech on college campuses, not censorship. Institutions of higher learning should be forums for open discussion either way. You can be liberal, you can be conservative, you can be Democrats, Republicans. Hear it all out — and you make your choice. You may not agree with me on things. Some people dont; some people do. But you have to have free speech.
You bring fresh eyes to old problems, because as young people, youre not burdened by the failed thinking of the past. And you really have to say “some” of the failed thinking. Some of it has been very good.
You understand that for a nation to be successful, it must have a strong military and it must have strong borders and security inside our country. And we’ve just had $700 billion approved — the largest ever for our military. And next year we already have it approved $716 billion. And we will shortly be stronger than we ever were before. So important. Hopefully we never have to use it. We dont want to use our military for that. We want to keep training, training, training, but never have to use it. But if we have to use it, nobody is going to come close.
You have to believe in protecting the entire Constitution, as written, including the right to free speech and the right to keep and bear arms. Second Amendment.
You know that a nation must be proud of its history to be confident. And a nation has to be confident in its future. And you know that we must honor and respect our great American flag — which we do. Everybody in this room does.
We’re citizens of the freest, strongest, and greatest nation on Earth. Also, I can say, greatest nation ever to exist, and we’re getting stronger every day.
I have to say, you’re in the prime of your life. Actually, most of you arent even in the prime of your life. You’ll be in the prime of your life in about 15 years. I’m going to make it as long as possible. But you’re doing a fantastic job, and your life has been a truly exciting one. I know a lot of the stories in this room.
Our economy is booming, confidence is soaring, and there’s never been a better time to be young and to be American. Never been a better time. The opportunity now is incredible.
Unemployment for people under the age of 24 is the lowest in almost 50 years. Think of that. The lowest — the best in almost 50 years. And, shortly, we’re going to have the all-time best that we’ve ever had.
African American youth unemployment is the lowest level in the history of our country. And African American unemployment is the lowest level in history. Hispanic unemployment is the lowest level in history. Women unemployment is the lowest level in 21 years and will soon be, I think, in history. I think we need another couple of months, frankly. But I think soon we’ll be able to say, for women, it will be — unemployment — the lowest in history.
Thanks to our massive tax cuts, young men and women entering the workforce are keeping more and more of the money they earn. So are older people, frankly. And it’s really helping you get a stronger start in life. A lot of advantages.
We’ve eliminated horrible policies that burdened young Americans. You were burdened by things that were really, in some cases, insurmountable, including the individual mandate in Obamacare. A disaster. That’s where you pay a lot of money for the privilege of not buying health insurance. Right? One of the worst things. It’s gone.
People were devastated by that. They were paying tremendous amounts of money so that they didn’t have to pay for healthcare. And the healthcare was no good. And we have new healthcare programs. One was announced last week. It’s phenomenal — the association program. You associate. Associations of people. Businesses get together and they buy it across state lines. They’re going to get tremendous healthcare. People have no idea how important that’s going to be. And we have another one coming out from Secretary Azar in two weeks. It’s going to be incredible.
We’re investing in job training and vocational schools so citizens of all ages can take advantage of new jobs and the new prosperity that our country is going through. We’ve never had prosperity like this.
Weve increased — let’s use the word “worth” — the worth, in an economic sense, of our country by over $7 trillion since my election — $7 trillion. I got nothing out of it, except I’m very proud of it. It’s a great number.
GDP numbers are way up. And we have another one coming out, I guess, over the next four of five weeks. It’ll be interesting for this quarter. But we hit 3.2. If I would have said 3.2 percent; if I would have said that black unemployment is the lower in history or Hispanic unemployment, lowest in history; if I would have said any of the things that I just told you during the campaign, the press would have said, “What is he talking about?”
And yet, honestly, what we’re doing is far greater than what I would say on the campaign trail. I could have won by even more if I would have used these numbers. (Laughter.)
But we’re fixing the broken trade deals, of which they’re so horrible. So — I can’t watch them. It would be so easy for me not to do anything, like every other President for many years. Just don’t do — we’re doing great. It’s — they’re so one-sided and such an embarrassment, and they’re getting fixed very easily, because we’re the piggy bank that everybody wants to rob — both our friends and our enemies.
And, frankly, our friends, in many ways, certainly in terms of trade, have been more devastating than our enemies. The deals are just horrendous. We had nobody watching; we had nobody looking. And we’re talking about trillions of dollars, not billions. We’re talking about trillions of dollars.
So we want to make fair deals, but we want those deals to be reciprocal. The key word is “reciprocal.” We have countries that are friends. They have tremendous trade surpluses, and they have barriers that our farmers can’t deal in that country. And yet, they’ll send us millions of cars and make a fortune.
European Union — we love the European Union. They make $151 billion a year — $151 billion. There’s no company like that. This is just the European Union. And then we have more. And we’re working with China now, and I think hopefully that’ll get straightened out. But that was anywhere from $375 [billion] — depending on the way you want to count it — $375 [billion] to $500 billion-a-year loss. It’s time for us to get smart.
So as you continue to develop your talents and to make your mark upon the world, remember that nothing worth doing is ever easy. You’ll have bad moments. I used to give speeches on success. I don’t give them anymore. It was — that’s what they like the best. You got to love what you’re doing. And if you don’t, just do something else. Find what you’re — especially at you age, you have to love what you’re doing.
You’ll never be successful — unless you get lucky, which could happen — but if you don’t love what you’re doing, find something else. If you don’t love NASA, if you don’t love space, do something else. And for the people that do, get over there and be with the space cadets, right? (Laughter.) But you got to love it. If you don’t love it, you’re just not going to — it’s not going to happen.
You have to follow your passion. You have to do what you want to do. You have to listen to people. You have to go around and say, “What’s a good industry?” Because I know people that love things, but they’re behind the eight ball because they’re going into something that’s not a good industry. So if you can find something else — because there are industries that are so great, and there are places that are heading in the wrong direction — and things.
You want to try and be in that upslope if you can find your passion there. If you can’t, still, stick with — you have to stick with.
And speak your mind. Ask questions. You’re at such an important part of your life because you are making the decision for the rest of your life right now. This is your big time. You’re most wanted; everybody wants you. You’re young. You’re smart. You’re brilliant. And this is the time that’s going to really guide the rest of your lives.
So it’s a very important time for you. So just love it. Love it. But try and go into something where you can have a wonderful life, where it just is worthwhile. Because there are some things that it’s tough.
Keep standing up always for your values. Keep working with your classmates and your friends. Keep loving your country. And one of the most important things: Never, ever quit. Never quit. You know, I went to a great school. I went to the Wharton School of Finance. And in that school, I met a lot of people. A lot of people heading industry today and over the past. Very smart people. But I’ve watched some of the people grow. I’ve watched some of the most incredible, brilliant students. And they didn’t make it like other people made it because they didn’t have that drive. They didn’t have that never-give-up ability. I don’t know if it’s an ability or if you have it. Just, you can’t quit.
And I’ve seen people quitting. And if they would have held out longer, they would have been successful. I’ve seen it so much. I’ve seen some of the most brilliant people in the world that never made it because they were quitters. They were just quitters. They would quit. They would — they just couldn’t take it. They couldn’t, whatever.
One of the things about loving what you do is that it’s not work, and therefore you don’t quit automatically. It’s a lot easier not to quit. But you can never give up.
Now, you have to also have flexibility though. You can’t necessarily say, “I’m never giving up. I’m going to” And you got to be able to weave and bob. You don’t have to go through a concrete wall when you can go over it or around it or under it or something. You have to have flexibility. You have to always be able to change course a little bit, maybe always with that same goal. But don’t quit. It’s be — there aren’t a lot of people that have quit. If you were quitters, you probably wouldn’t be here today with me. Okay? You probably wouldn’t be here. But never, ever quit.
So I want to thank you all for coming. This is an honor to be with you. You’re the future. You’re the future of our country. You’re the future of the world, in many respects. We have a great country. We have tremendous potential. We have potential, frankly, that has been untapped. And we’re finding out what that potential is and finding it out in ways and means and numbers that nobody ever thought existed.
I want to just say God bless you and your families. And God bless our great country. And have a tremendous life. You are off to the best start. Thank you very much. Thank you. Thank you. (Applause.) Thank you. Thank you, Charlie. Thank you all. Go get ’em!
Quick, with MAGA-shocking news reverberating there’s a mid-west rush on winnamins.
Remember that massive MAGA Trump rally last week in Duluth Minnesota? That would be the 9,000 strong rally where twice as many were turned away?
Well, the data team at MAGA HQ have crunched the numbers and Brad Parscale shares the results: “The crowd at the Minnesota rally was 60% Democrat and Independent.”
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 