Well, it looks like all suspicions are now confirmed. The dragon dance of 2017 and 2018 has extended into 2019. DPRK Chairman Kim fires rockets, Trump smacks Chinese Chairman Xi. Yes, we can officially put the remaining bits of skepticism to rest…
The meeting last week between Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer and their Chinese counterparts including Vice-Chairman Liu, was especially important. Mnuchin and Lighthizer said they would debrief President Trump on the likelihood of whether a successful trade deal with a communist regime was structurally possible; or whether Beijing was playing a game of delay.
The ongoing dance with the dragon has been a series of cunning manuevers between the Panda mask and the Dragon face. At the conclusion of the Beijing visit by Mnuchin and Lighthizer, Chinese Chairman Xi sent a proactive response using his familiar proxy North Korean Chairman Kim. The DPRK test-fired three missiles.
Today President Trump responds:
The increase of the Round-1 tariffs from 10% to 25%, previously delayed after discussions between Xi and Trump in Argentina, will now be triggered. Additionally, the Round-2 tariffs (25% on $325 billion of different goods), originally scheduled for March 1, also postponed after the Argentina dinner, will now be implemented.
WASHINGTON (Reuters) – President Donald Trump dramatically increased pressure on China to reach a trade deal by announcing on Sunday he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.
The move marked a major escalation in trade tensions between the world’s two largest economies and a shift in tone from Trump, who cited progress in talks as recently as Friday.
But a less than rosy update from United States Trade Representative Robert Lighthizer, including details that China was pulling back from some commitments it made previously, prompted Trump’s decision and jab on Twitter at Beijing.
“The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!” Trump said in a tweet.
Financial markets reacted negatively. S&P 500 e-minis fell 1.6%, while Dow futures were down 420 points or 1.6%. The move could be a negotiating tactic ahead of a new round of talks this week. [It’s not, /SD]
Chinese officials are scheduled to meet their U.S. counterparts in Washington on Wednesday after meeting in Beijing last week for a round that Treasury Secretary Steven Mnuchin described as “productive.”
New fines will now hang over those talks, assuming they take place as planned. Trump said tariffs on $200 billion of goods would increase to 25 percent on Friday from 10 percent, reversing a decision he made in February to keep them at the 10 percent rate after progress between the two sides.
The president also said he would target a further $325 billion of Chinese goods with 25 percent tariffs “shortly,” essentially targeting all products imported to the United States from China. (read more)
Inflation in the U.S. remains low at 1.4%…. now is the perfect time to hit Beijing with expanded tariffs. I’m surprised China didn’t evaluate that aspect, perhaps they did; but they are also running out of time due to negotiation pressure from Trump.
Beijing referring back to the DPRK blackmail reflects a certain desperation on the part of the communist regime. A dual display of bad form, and a visible *tell* for President Trump.
Knowing China has just indicated a weak hand, now Trump calls their bluff.
Chairman Xi played a cunning Panda-face game between the Argentina dinner (G20), the manipulation of the Hanoi summit with Chairman Kim, and the extended trade negotiation talks. Xi stopped the immediate tariff threat, and simultaneously retained the DPRK leverage over Trump.
However, given the scale of China’s dependence on access to the U.S. market, it was only a matter of Trump allowing the appearance of diplomatic time to pass before he could counter with a more forceful response of his own. I have no doubt Lighthizer dropped a strategic ultimatum on Beijing last week, triggering them to drop the panda mask.
Team U.S.A. came out of these negotiations exactly where President Trump always seemed to be heading; he wants full frontal tariffs on Chinese imports because he knows China will never genuinely negotiate terms until they are defeated.
Chairman Xi and Vice-Chairman Liu now have only a few days to rethink their approach. Now they have exhausted the delay strategy; and simultaneously any immediate increase in DPRK hostilities will be transparent and of no further trade benefit.
Fully acquiesce to Trump trade terms, or purchase some extended trade benefit with full retreat from North Korea manipulation.
…..Keep watching; this is the part where Wilbur Ross reemerges to close the deal.
There’s something really odd about the latest reports from South Korea about a test of three missiles the South has corrected to describe as “projectiles”. The odd part is there’s zero mention in North Korea state media about it. Fox News picked up on that aspect in a brief sentence inside their report:
[…] South Korean officials were monitoring the situation and were sharing information with their American counterparts. North Korea did not report on Saturday’s firings. Seoul’s intelligence agency said it thinks the projectiles were not missiles given their short travel distances and low altitude.
Amid a tremendous amount of recent geopolitical background moves; and given the history of China using the DPRK as a geopolitical proxy province; there’s a possibility Beijing ordered the action.
Out of caution, please note our CTH perspective is entirely outside the mainstream view on the dynamic within the DPRK and the network around Kim Jong-un. Quite simply all of the moves, counter-moves, and specifically the timing of them, align with the U.S. and China confrontation far more than most mainstream observers seem to notice.
Through the years of our research, and specifically as it relates to overlaying timing of events as they unfold, it still seems as though China controls the influence agents in/around North Korean Chairman Kim Jong-un. I have gone so far as to say there appears to be more of a captive scenario surrounding Chinese Chairman Xi Jinping and his authoritarian alignment with Chairman Kim.
In the past two-and-a-half years every time North Korea presents a hostile action it has been simultaneous to a background event where the U.S. and China are confronting each-other. The coincidences; and there have been dozens of unique examples; are far too common not to be connected.
My hunch is that Chairman Kim has little to no control over the activity within the top-tier of his military. I highly suspect China directly controls the upper-tier of DPRK military leadership. If that very strong suspicion is correct; the launch of these ‘projectiles’ would be aligned with a series of three background events:
♦One: A very serious stage in the U.S-China trade negotiations where Secretary Mnuchin and USTR Robert Lighthizer just left Beijing. Remember, this recent meeting was going to be the key meeting for Mnuchin and Lighthizer’s recommendations to President Trump as to whether an actual trade agreement with communist China was possible.
♦Event Two: Chairman Kim Jong-un just returned from meeting with Russian President Vladimir Putin for the first time. Kim doesn’t travel much at all. Chairman Xi (China) and Vladimir Putin (Russia) are strategically very close partners. [Emphasize “very”]
♦Event Three: President Trump has an hour long phone call with President Putin; literally in the same 24-hr period where Pyongyang decides to test their missilesprojectiles again.
As with events in 2017 and 2018, these events seem more connected; especially against the completely opposite nature of words to deeds in the Trump/Kim Hanoi summit. Again, something happened in the hour inside that summit after Kim stunningly said he was at the summit to discuss denuclearization – and an hour later reversed course.
Again, the sequencing is key. President Trump and Chairman Kim set up Hanoi summitdate. President Trump and Chairman Xi meet in Argentina (G20); and the outcome was an agreement to delay round-2 tariffs on China. Trump and Kim then meet in Hanoi and Chairman Kim has a 180° reversal in position. Trump walks away.
Individually Xi and Putin have been losing to Trump’s strategy. Their mutual interests in Iran, Pakistan and Central America (Venezuela) have been blunted by Trump. Economically Trump has used energy as a policy to weaken Russia; and Trump has constructed an alliance of trade interests to weaken China.
Who woulda thought. Almost as if there’s a geopolitical strategy behind the Trump administration term “Indo-Pacific”
TheLastRefuge@TheLastRefuge2
It also helps when you think about how BRIC’s economic network was fractured by Trump. Brazil, Russia, India and China make up the BRIC’s network. Trump has already carved out Brazil and India, leaving Russia and China alone.
At the 30k ft level it looks like Chairman Xi and President Putin are working in concert now to leverage a fall-back defensive position around Chairman Kim. With Xi controlling the majority elements of the DPRK as a proxy province, renewed missile tests are once again focused on weakening President Trump.
So far China and Russia have been defeated by Trump’s use of economics as a geopolitical weapon. To retain their interests China and Russia are bleeding out cash to their strategic allies; but Trump keeps moving quickly and cutting them off (see Iran). Their economies can only bleed out cash for so long…. So it would stand to reason they would shift tactics and try to get more confrontational militarily… yet, they don’t want the visibility of military confrontation. That’s where North Korea comes in.
Last point, if you look at President Trump’s tweets from the perspective that Chairman Kim is somewhat a of a captive to his circumstances, they seem to make more sense:
Donald J. Trump
✔@realDonaldTrump
Anything in this very interesting world is possible, but I believe that Kim Jong Un fully realizes the great economic potential of North Korea, & will do nothing to interfere or end it. He also knows that I am with him & does not want to break his promise to me. Deal will happen!
One of China’s greatest fears is the threat of blockade from the United States and its allies in the event of a conflict or crisis, according to senior Chinese and Western military officials.
mobile.reuters.com
TheLastRefuge@TheLastRefuge2
U.S. planned for sea port blockade of DPRK in 2017.
Xi talks w/ Kim (x4) post Hanoi.
Kim Jong-un visits Putin.
India embraces mfr. shift from China.
Now… China worried about blockade/embargo.
Around 200 US companies looking to shift manufacturing base from China to India, says USISPF
The US-India Strategic and Partnership Forum’s (USISPF) President Mukesh Aghi said that the companies are talking to them about how to set up an alternative to China by investing in India.
financialexpress.com
TheLastRefuge@TheLastRefuge2
Who woulda thought. Almost as if there’s a geopolitical strategy behind the Trump administration term “Indo-Pacific” pic.twitter.com/kYrSp47jv9
Earlier today President Trump met with Slovakia Prime Minister Peter Pellegrini in the White House. Prior to bilateral meetings they held a press availability in the oval office and President Trump took questions from the media. [Video and Transcript]
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[Transcript] – Oval Office – 1:55 P.M. EDT – PRESIDENT TRUMP: Thank you very much. It’s my honor to have the Prime Minister of Slovakia with us today in the Oval Office. We have a lot of talking to do. We’re dealing on trade. We have a very big trade arrangement and deal. They’re buying quite a few of the F-16 planes from us. And a very big order, actually. I’m very impressed. And it’s — I have to say, it’s a great plane. It’s a great, great plane.
But we do a lot of trade. And NATO partner. And our relationship has been very good. And this is the Prime Minister’s first time in the Oval Office, and I think he’s impressed with it.
PRIME MINISTER PELLEGRINI: Yeah, I am.
PRESIDENT TRUMP: Thank you very much for being with us.
PRIME MINISTER PELLEGRINI: Mr. President, I’m really very glad to meet Mr. President today here in the White House. And I think the timing is really perfect because this year we are celebrating 30 years of freedom of Slovakia.
PRESIDENT TRUMP: That’s right.
PRIME MINISTER PELLEGRINI: And the United States played a key role in our struggle for democracy, and it helped us to transform our country. And I’m very happy that today I can say that the United States and Slovakia are strategic partners and allies.
And, as the Prime Minister, I can say today that Slovakia is really a success story. And I would like to congratulate you, Mr. President, because, in Slovakia, we are able now to create thousands of new jobs and we have the lowest unemployment rate in our history. And I would like to congratulate you on the amazing numbers, which were published today, and about the jobs which were created thanks to you policies. I think it’s a huge success.
And congratulations, Mr. President, because I know how difficult it is to reach such numbers and to boost the economy. And Slovakia has, in this moment, really a robust growth — even one of the highest in European Union and Eurozone. And we are lucky that also your economy is doing very well, because if the United States is going well, also Slovakia —
PRESIDENT TRUMP: That’s right.
PRIME MINISTER PELLEGRINI: — is going well.
And I have to say, ladies and gentlemen, that Mr. President is really a leader, which is very clear that we have to do even much more when it comes to defense. And as Mr. President mentioned, Slovakia is delivering. It’s spending more. We are modernizing our armed forces. We are buying, also, U.S. military equipment. And I can say that the 2 percent of GDP, we will reach earlier, as was our plan. And in 2022, we will be on that number.
And, once again, it’s a great honor for me, great honor for our country, to be here in the White House with you, Mr. President.
PRESIDENT TRUMP: That’s really nice.
I just want to add a little bit further that — and it’s very nice what you said — but we are aligned with you and it has helped your economy, and that’s been good. And that makes me very happy because those are incredible people. And the relationship has never been stronger than it is now. And you’ve been with us all the way.
And what you said is true: Slovakia is very close to being up to the benchmark number — the 2 percent number — and maybe even go beyond it, because they understand the value — the tremendous value — from the United States. Some countries aren’t.
But NATO — as your Secretary General has said — they’ve, over the last short period of time, picked up over a hundred billion dollars of additional money since I’m President because of the fact that I said you have to pay for your defense. I mean, you have to help us because the United States pays for a really disproportionate share of NATO.
So, over $100 million — over $100 billion has been paid by the various members of NATO. Some are doing fantastically. You are doing really well. You’re almost up to the number, and others aren’t doing as well, but they will be, we predict.
And I think — I also just want to mention that the economy is unbelievable. We’re at 3.6 percent unemployment. That’s the lowest number since 1969. We have tremendous backing. The companies are doing really well. We have the lowest unemployment rates for different groups of people, whether it’s African American, Asian, Hispanic. Hispanic just set another all-time record for low unemployment.
The household income is the highest it’s ever been. Our country is doing well. Never, probably, has done as well as it’s doing right now, economically. And so we’re very proud of that fact.
We’re dealing on China right now. We’re doing fine. We’re taking in billions of dollars from China in the form of tariffs, as you know. We’re charging China tariffs. We’ve never taken in 10 cents from China, and now we’re taking in billions and billions of dollars. That’s had a very positive effect on things.
But the deal itself is going along pretty well. I would even say very well. We’ll see what happens over the next couple of weeks. But we’re getting close to a very historic, monumental deal. And if it doesn’t happen, we’ll be fine too. Maybe even better.
So I just want to thank you. It’s a great honor to be with you. I’ve heard tremendous things. And you’re a very popular man in your country. And I’ve had my best poll numbers too, so I feel very good.
But it’s — our economy is raging. And when we have an economy that maybe is the best economy we’ve ever had, people tend to like you.
So, we’re both doing well in that regard.
PRIME MINISTER PELLEGRINI: (Inaudible.)
PRESIDENT TRUMP: Thank you very much for being here.
Steve, go ahead.
Q Mr. President, you spoke with Vladimir Putin earlier today.
PRESIDENT TRUMP: Yes, I did.
Q What options are you looking at to get humanitarian assistance to Venezuela?
PRESIDENT TRUMP: Yeah, I had a very good talk with President Putin — probably over an hour. And we talked about many things. Venezuela was one of the topics. And he is not looking at all to get involved in Venezuela other than he’d like to see something positive happen for Venezuela.
And I feel the same way. We want to get some humanitarian aid. Right now, people are starving. They have no water, they have no food. This is, Mr. Prime Minister, one of the richest countries in the world 20 years ago, and now it’s — they don’t have food and they don’t have water for their people. So we want to help on a humanitarian basis.
And I thought it was a very positive conversation I had with President Putin on Venezuela.
Q Are you talking about extending the New START Treaty or adding China to it? Or what, exactly?
PRESIDENT TRUMP: We’re talking about a nuclear agreement where we make less and they make less, and maybe even where we get rid of some of the tremendous firepower that we have right now.
We’re spending billions of dollars on nuclear weapons, numbers like we’ve never spent before. We need that, but they are also — and China is, frankly, also — we discussed the possibility of a three-way deal instead of a two-way deal. And China — I’ve already spoken to them; they very much would like to be a part of that deal.
In fact, during the trade talks, we started talking about that. They were excited about that. Maybe even more excited than about trade. But they felt very strongly about it.
So I think we’re going to probably start up something very shortly between Russia and ourselves, maybe to start off. And I think China will be added down the road. We’ll be talking about nonproliferation. We’ll be talking about a nuclear deal of some kind. And I think it will be a very comprehensive one.
Q Mr. President, did you address the election meddling issues that came up in the Mueller Report with Mr. Putin today?
PRESIDENT TRUMP: We discussed it. He actually sort of smiled when he said something to the effect that it started off as a mountain and it ended up being a mouse. But he knew that because he knew there was no collusion whatsoever.
So, pretty much, that’s what it was. It started off —
Q Did you tell him not to meddle, Mr. President? Did you tell him not to meddle in the next election?
PRESIDENT TRUMP: Excuse me. I’m talking. I’m answering this question. You are very rude.
So we had a good conversation about many different things. Okay?
Q Did you ask him not to meddle?
Q Did you tell him not to meddle in the next election?
PRESIDENT TRUMP: We didn’t discuss that. Really, we didn’t discuss it. We discussed five or six things. We also — we went into detail on various things, especially, I would say, the nuclear. Especially, maybe, Venezuela. We talked about North Korea at great length, and pretty much that’s it.
Also discussed trade. We intend to do a lot of trade with Russia. We do some right now. It’s up a little bit. But he’d like to do trade and we’d like to do trade.
And getting along with Russia and China, getting along with all of them is very good thing, not a bad thing. It’s a good thing. It’s a positive thing. Getting along with other countries — including your country, by the way — but getting along with countries is a good thing. And we want to have good relationships with every country.
Q Mr. President, should Mueller testify? Would you like to see him testify before Congress?
PRESIDENT TRUMP: I don’t know. That’s up to our Attorney General, who I think has done a fantastic job.
Q And why shouldn’t the Congress have the same right to hear from the Attorney General —
Q Mr. President —
PRESIDENT TRUMP: Yeah, go ahead. Yes, please.
Q Mr. President, (inaudible) visit in Slovakia? Because —
PRESIDENT TRUMP: Well, I’d like to. I know people from Slovakia, and they’re incredible people. I would love to. It’s a beautiful country and it’s doing very well. It’s doing very well.
Yeah. Yeah, please.
Q Do you want to introduce tariffs on the cars? Because the car industry is very important.
PRESIDENT TRUMP: Well, the tariffs have been a necessary thing for me to do because in the case of the European Union, they have not treated us right. We’re losing $181 billion a year. We have been for many years. And the European Union has not treated us properly. But we’ll see what happens with regard to tariffs on cars with the European Union. We haven’t made a decision on that.
Q Mr. President, are you going to nominate a Defense Secretary? Shanahan. Are you going to make it official?
PRESIDENT TRUMP: It’ll be discussed next week.
Q Mr. President, it’s World Press Freedom Day. Can you say anything? We’ve heard a lot about your grievances to us, but can you say —
PRESIDENT TRUMP: Say it again. Say it again.
Q It’s World Press Freedom Day. We’ve heard a lot about your grievances about us, but can you say something that you can improve to improve communication and relationship with the press?
PRESIDENT TRUMP: Well, I think I have a very good relationship with some of the press. And, unfortunately, some of the press doesn’t cover me accurately. In fact, they go out of their way to cover me inaccurately, so I don’t think that’s a free press. I think that’s a dishonest press. And I want to see a free press.
I mean, today I was happy to see on the front page of the New York Times — for the first time — where they were talking about spying and they were talking about spying on my campaign. That’s a big difference between the way they’ve been covering, but that’s a big story. That’s a story bigger than Watergate, as far as I’m concerned.
So, I want to see freedom of the press. And I get treated fairly by some press, but I get treated very unfairly by other press. And, frankly, I think that’s very dishonest. And I don’t consider that. When you have stories that are purposely written badly — in many cases, very much on purpose — I mean, you look at it — that’s not free press, that’s the opposite of free press.
Q Mr. President, have you decided whether you’ll invoke executive privilege as it relates to Don McGahn?
PRESIDENT TRUMP: That’ll all be determined over the next week or so.
Q But you said it was done, so are you going block him?
PRESIDENT TRUMP: But, you know, I will say this: There has been no President in history that has given what I’ve given in terms of looking at just a total witch hunt. I call it the “Russian hoax.” It turned out to be no collusion, no obstruction. It was a total hoax.
And, yet, I was transparent. We gave 1.4 million documents. We gave hundreds of people. I let him interview the lawyer — the White House lawyer — for 30 hours. Think of that: thirty hours. I let him interview other people. I didn’t have to let him interview anybody. I didn’t have to give any documents. I was totally transparent because I knew I did nothing wrong.
It turned out I did nothing wrong. No collusion with Russia. Think of it: Thirty-five million dollars they spent, they wasted, over a period of two years. No collusion, no obstruction.
Thank you all very much. I appreciate it. Thank you. Thank you.
Q Are you going to run on the economy?
PRESIDENT TRUMP: Yeah. Yeah. I’ll be running on the economy. Sure.
Joint Statement – […] Our countries also affirm that energy security is fundamental to national security. We reiterate our opposition to the use of energy projects as geopolitical weapons, including Nord Stream 2. We commit to deepening our cooperation in cybersecurity and to working to develop and implement telecommunications security principles. (more)
This approach is so typically Trump it should be changed to a verb. President Trump tweets about a phone call today with Russian President Vladimir Putin:
Note: “and even the “Russian Hoax”“; yeah, that part. Intentionally directed to send the DC democrats and media bananas. He’s not trolling them, he’s toying with them. This dispatch is profoundly Trump; it’s like Andrew Breitbart saying “yeah, so?…”
The perfect blend of professionalism and back-handed antagonism. He’s toying with his opposition. This is why Donald J Trump, the businessman, the disruptor, is effectively independent and uncontrollable by customs and norms. He’s provoking…. and laughing…. and annoying….. and winning.
The Bureau of Labor Statistics (BLS) releases the April 2019 jobs report and the results are excellent. It’s a home run for MAGAnomics as the trifecta continues: Job gains +263,000, Wage growth +3.2%, Inflation low at 1.4%.
With a gain of 263,000 new jobs in April, the overall unemployment rate dropped to 3.6%. There are more jobs available than people looking for work. Additionally, the prior two months jobs results were revised upward by 16,000 more than previous reported.
Total nonfarm payroll employment increased by 263,000 in April, compared with an average monthly gain of 213,000 over the prior 12 months.
Professional and business services added 76,000 jobs in April. Over the past 12 months, professional and business services has added 535,000 jobs
In April, construction employment rose by 33,000. Construction has added 256,000 jobs over the past 12 months.
Employment in health care grew by 27,000 in April and 404,000 over the past 12 months.
In April, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to $27.77. Over the year, average hourly earnings have increased by 3.2 percent.
MAGAnomics:Low unemployment (3.6%); wages growing (+3.2%); inflation stable(1.4%). These measures all have a cumulative impact on paycheck-to-paycheck Americans. Prices for durable goods are stable and wage growth is exceeding inflation. That means more disposable income in the middle-class. Which, when combined with the increased pay from lower middle-class tax rates, is exactly the intended outcome of MAGAnomics.
Last week’s consumer spending results for the first quarter defied expectations. Consumer spending on goods increases 1.7%. Overall spending +.09 in March, reaches highest gain in ten years. The deplorables are spending their higher wages. Meanwhile core inflation drops to 1.4%. The pundits are shocked. This is Main Street growth and economic stability; this is not, repeat NOT, Wall Street growth.
We are in the period where exporting U.S. wealth (globalist policies) has been slowed/halted. We are confronting protectionist tariffs abroad which impede our exports, and simultaneously applying reciprocal tariffs toward those who want access to our U.S. market. As a consequence, capital investment is returning to Main Street USA (nationalist policy). This is the heart of MAGAnomic policy.
Low unemployment; rising wages; stable inflation and resurging U.S. blue-collar manufacturing is the key (steel/aluminum tariffs assisting).
This internal dynamic means the U.S. consumer can fuel the the U.S. economy while President Trump, Secretary Ross, Secretary Mnuchin and Ambassador Robert Lighthizer utilize the leverage of tariffs, to negotiate better America-First trade deals.
We have not had the benefit of this blue-collar economic success in the past 30+ years because corrupt multinational interests were paying and bribing -via lobbyists- politicians and public officials within DC for policies that primarily benefited Wall Street. Those policies blocked Main Street growth and U.S. wealth; and exported jobs and incomes to foreign nations. President Donald J Trump has stopped this process.
The U.S. Steel and Aluminum industry has been a key focus of President Trump in an effort to reestablish a critical industry for America. Part of the administration strategy was broad-based tariffs aimed at curbing China’s dumping of government subsidized product globally. The broad global application of the tariffs defeated the Chinese trans-shipment strategy to avoid them.
Despite opposition from Wall Street republicans and democrats purchased by K-Street lobbyists, the administration policy has been exceptionally successful at driving investment into the U.S. manufacturing base. The multinationals are furious.
(U.S. Steel) United States Steel Corporation is investing more than $1 billion in the place where our reputation as a trusted industry leader was first forged more than a century ago: our Mon Valley Works near Pittsburgh.
The investment involves the construction of a cutting-edge, sustainable endless casting and rolling facility at Mon Valley’s Edgar Thomson Plant in Braddock, Pa., – the first of its kind in the United States – and a new cogeneration facility with state-of-the-art emissions control technology at the nearby Clairton Plant in Clairton, Pa. (link)
PITTSBURGH May 2, 2019– United States Steel Corporation (NYSE: X) announced today it will invest more than $1 billion to construct a new sustainable endless casting and rolling facility at its Edgar Thomson Plant in Braddock, Pa., and a cogeneration facility at its Clairton Plant in Clairton, Pa., both part of the company’s Mon Valley Works.
The cutting-edge endless casting and rolling technology combines thin slab casting and hot rolled band production into one continuous process and will make Mon Valley Works the first facility of this type in the United States, and one of only a handful in the world.
“This is a truly transformational investment for U. S. Steel. We are combining our integrated steelmaking process with industry-leading endless casting and rolling to reinvest in steelmaking and secure the future for a new generation of steelworkers in Western Pennsylvania and the Mon Valley,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel.
“U. S. Steel’s investment in leading technology and advanced manufacturing aligns with our vision to be the industry leader in delivering high-quality, value-added products and innovative solutions that address our customers’ most challenging steel needs for the future. We believe that adding sustainable steel technology to our footprint will create long-term value for our employees, our region, our customers and our investors.” (read more)
Donald J. Trump ✔@realDonaldTrump
Congrats to @U_S_Steel for investing $1+ BILLION in America’s most INNOVATIVE steel mill. 232 Tariffs make Pennsylvania and USA more prosperous/secure by bringing Steel and Aluminum industries BACK. Tariffs are working. Pittsburgh is again The Steel City. USA Economy is BOOMING!
U. S. Steel@U_S_Steel
To secure the future of #steelmaking and #mfg in Western #PA, we’re proud to invest in state-of-the-art technology to create an endless casting and rolling facility. This technology will make Mon Valley Works the first facility of this type in the US. https://www.ussteel.com/locations/mon-valley-works-investment …
An incredible moment during the National Prayer Service today as Rabbi Yisroel Goldstein, the leader and survivor from the recent synagogue shooting in Poway, California, delivers heartfelt prayers and remarks to President Donald Trump.
The strength of Rabbi Goldstein is inspiring; his message is uplifting; his faith is unwavering, and his courage is affirming. This is an American message of hope and heart.
Americans have always found power and unity through prayer. In 1988, the Congress, by Public Law 100-307, called on the President to issue each year a proclamation designating the first Thursday in May as a “National Day of Prayer.”
Today, on this National Day of Prayer, we once again come together to give thanks to Almighty God for the bountiful blessings He has bestowed on our great Nation and to ask for His unfailing counsel. We also acknowledge our dependence on God’s love to guide our families, communities, and our country away from harm and toward abundance and peace.
Our Nation acknowledges that religious liberty is a natural right, given to us by our Creator, not a courtesy that government extends to us. The First Amendment recognizes the freedom of religion and safeguards this right against government infringement. The United States’ steadfast commitment to upholding religious freedom has ensured that people of different faiths can pray together and live in peace as fellow American citizens. We have no tolerance for those who disrupt this peace, and we condemn all hate and violence, particularly in our places of worship.
Earlier today at the White House Rose Garden, President Trump, First Lady Melania Trump, Vice-President Mike Pence and Second Lady Karen Pence participated in a national day of prayer service. [Video Below]
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 