President Trump Announces Date for Signing U.S-China Phase-One Trade Agreement…


Earlier today, via Tweet, President Trump announced the ‘phase-one’ agreement between the U.S. and China will be signed January 15, 2020.

As U.S. Trade Representative Robert Lighthizer previously stated this very challenging agreement will be the first-ever attempted trade deal between a state-run economy and a free-market economy.   It will take time to see if communist China will actually follow-through on the terms and conditions.

Ambassador Lighthizer noted the principle challenge is generating an enforceable set of standards -within a written agreement- between a totally controlled communist economic system (China) and a free-market system (USA). No other nation has ever tried, and there is no preexisting trade agreement to facilitate a mapping. What Lighthizer was/is constructing will be what all nations will start to use going forward. This is historic stuff.

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Arguably, next to President Trump, USTR Lighthizer is one of the most consequential members of the administration. What he was/is constructing, with the guidance of President Trump, is going to influence generations of Americans.

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[Transcript] MARGARET BRENNAN: This week, the U.S. and China agreed on the first phase of a trade deal that would roll back some American tariffs. It’s expected to be signed in early January. We’re joined now by the U.S. Trade Representative, Robert Lighthizer, the top negotiator in those talks with Chinese officials. Good to have you here.

U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER: Thank you for having me, MARGARET.

MARGARET BRENNAN: It’s huge to have the two largest economies in the world cool off some of these tensions that have been rattling the global economy. But I want to get to some of the details here. China says still needs to be proofread, still needs to be translated. Is you being here today a sign this is done, this deal’s not falling apart?

AMB. LIGHTHIZER: So first of all, this is done. This is something that happens in every agreement. There’s a translation period. There are some scrubs. This is totally done. Absolutely. But can I make one point? Because I think it’s really important. Friday was probably the most momentous day in trade history ever. That day we submitted the USMCA, the Mexico-Canada Agreement with bipartisan support and support of business, labor, agriculture. We actually introduced that into the House and the Senate on this, which is about 1.4 trillion dollars worth of the economy- I mean of- of trade. And then in addition to this, which is about 600 billion, so that’s literally about half of total trade were announced on the same day. It was extremely momentous and indicative of where we’re going, what this president has accomplished.

MARGARET BRENNAN: Well, that is significant and I do want to get to the USMCA. But because the China deal just happened–

AMB. LIGHTHIZER: Right.

MARGARET BRENNAN: –and we know so little about it, I’d like to get some more detail from you. You said this is set.

AMB. LIGHTHIZER: Yes.

MARGARET BRENNAN: You expect the signing in early January still.

AMB. LIGHTHIZER: Right.

MARGARET BRENNAN: What gives President Trump the confidence to say China’s going to go out and buy $50 billion worth of agricultural goods because Beijing hasn’t said that number?

AMB. LIGHTHIZER: First of all- let me say first of all, I would say this. When we look at this agreement, we have to look at where we are. We have an American system, and we have a Chinese system. And we’re trying to figure out a way to have these two become integrated. That’s what’s in our interest. A phase one deal does the following: one, it keeps in place three hundred and eighty billion dollars worth of tariffs to defend, protect U.S. technology. So that’s one part of it. Another part of it is very important structural changes. This is not about just agricultural and other purchases, although I’ll get to that in a second. It’s very important. It has IP. It has- it has–

MARGARET BRENNAN: Intellectual property–

AMB. LIGHTHIZER: –technology. It has- it has currency. It has financial services. There’s a lot of very- the next thing is, it’s- it’s enforceable. There’s an enforcement provision that lasts 90 days- it takes 90 days and you get real, real enforcement. The United States can then take an action if China doesn’t keep its commitments–

MARGARET BRENNAN: Put the tariffs back on?

AMB. LIGHTHIZER: Well, you would take a proportionate reaction like we do in every other trade agreement. So that’s what we expect. And finally, we’ll- we’ll find out whether this works or not. We have an enforcement mechanism. But ultimately, whether this whole agreement works is going to be determined by who’s making the decisions in China, not in the United States. If the hardliners are making the decisions, we’re going to get one outcome. If- if the reformers are making the decisions, which is what we hope, then we’re going to get another outcome. This is a- the way to think about this deal, is this is a first step in trying to integrate two very different systems to the benefit of both of us.

MARGARET BRENNAN: But that $50 billion number, is that in writing?

AMB. LIGHTHIZER: Absolutely. So- so here’s what’s in writing. We- we have a list that will go manufacturing, agriculture, services, energy and the like. There’ll be a total for each one of those. Overall, it’s a minimum of 200 billion dollars. Keep in mind, by the second year, we will just about double exports of goods to China, if this- if this agreement is in place. Double exports. We had about 128 billion dollars in 2017. We’re going to go up at least by a hundred, probably a little over one hundred. And in terms of the agriculture numbers, what we have are specific breakdowns by products and we have a commitment for 40 to 50 billion dollars in sales. You could think of it as 80 to 100 billion dollars in new sales for agriculture over the course of the next two years. Just massive numbers.

MARGARET BRENNAN: And that is important in no small part because also this is a key political constituency for President Trump going into the election, to take some pain off of American farmers who’ve been feeling it pretty strongly. I mean, the USDA projects that the soybean market won’t recover, I think til 2026 because of the damage that has been done to it.

AMB. LIGHTHIZER: Listen–

MARGARET BRENNAN: Is that- how much of that, that political calculus, factored into the agreement to do this in phases? Because you didn’t want to do it in phases.

AMB. LIGHTHIZER: Well, it was MARGARET–

MARGARET BRENNAN: The Chinese did.

AMB. LIGHTHIZER: It was always going to be in phases. The question was, how big was the first phase? Anyone who thinks you’re going to take their system and our system that have- that have worked in a very unbalanced way for the United States and in- in one stroke of the pen change all of that is foolish. The president is not foolish. He’s very smart. The question was, how big- how big was the first phase going to be? This is going to take years. We’re not going to resolve these differences very quickly. On the agriculture point, that’s a good point. Let me say this. If you look at American agriculture in between USMCA, which is Canada and Mexico, China, Japan, Korea, we have rewritten the rules in favor of American agriculture on more than half, 56 percent, of all of our exports from agriculture. This, over the course of the last year, what this president has accomplished in this area, is remarkable. And you’re already- any one of these deals would have been monstrous. And the fact that we have all of them together–

MARGARET BRENNAN: Right.

AMB. LIGHTHIZER: –is- is great for agriculture.

MARGARET BRENNAN: I just want to button up on China, though, because the promise here was to do the things that American businesses have been complaining about for years–

AMB. LIGHTHIZER: Absolutely.

MARGARET BRENNAN: Not just the intellectual property theft, but subsidizing corporations in China in an unfair way for Americans. Cybertheft. None of that’s here.

AMB. LIGHTHIZER: Well–

MARGARET BRENNAN: That’s phase two. When do you start negotiating that?

AMB. LIGHTHIZER: So let me say first of all–

MARGARET BRENNAN: Is there a date?

AMB. LIGHTHIZER: Let’s talk about what’s here rather than what’s not here.

MARGARET BRENNAN: But that’s huge.

AMB. LIGHTHIZER: Absolute rules on–

MARGARET BRENNAN: That’s what President Trump said this whole trade war was starting on.

AMB. LIGHTHIZER: Look at tech- tech transfer is huge. That’s what’s in the 301 report. Look, we had a plan that- the president came up with a plan. We’ve been following it for two and a half years. We are right where we hope to be. Tech transfer, real commitments, IP, real specific commitments. I mean, this agreement is 86 pages long of detail. Agricultural barriers removed in many cases, financial services opening, currency. This is a real structural change. Is it going to solve all the problems? No. Did we expect it to? No. Absolutely not.

MARGARET BRENNAN: Do- the president said those talks in to start immediately, though. Do you have a date?

AMB. LIGHTHIZER: We don’t have a date, no. What we have to do is get this- we have to get the- the final translations worked out, the formalities. We’re going to sign this agreement. But I’ll tell you this. The second Phase 2 is going to be determined also by how we implement phase one. Phase one is going to be implemented right to the- right down to every detail.

MARGARET BRENNAN: I want to–

AMB. LIGHTHIZER: It really is a remarkable agreement, but it’s not going to solve all the problems.

MARGARET BRENNAN: Well, we need to take a short break. We’ll be back with US Trade Representative Lighthizer in a moment.

*COMMERCIAL*

MARGARET BRENNAN: Welcome back to Face the Nation and our conversation with US Trade representative Robert Lighthizer. Let’s talk about the other agreement. The House is set, Democratic controlled House, is set to vote on the USMCA, the free trade deal with Mexico and Canada that’s been rewritten. This is a win for the president to get this through, but Nanc- Speaker Pelosi and her caucus did have some last minute maneuvers here. Speaker Pelosi is quoted as saying we ate their lunch when it comes to the Trump administration.

AMB. LIGHTHIZER: So–

MARGARET BRENNAN: How do you respond to that?

AMB. LIGHTHIZER: We had a great–

MARGARET BRENNAN: You made some concessions to labor here. That was not insignificant and it did irk some Republicans.

AMB. LIGHTHIZER: So- so- so let me- let me make a point about that. We had an election and the Democrats won the House, number one. Number two, it was always my plan and I was criticized for this, as you know, it was always my plan that this should be a Trump trade policy. And a Trump trade policy is going to get a lot of Democratic support. Remember, most of these working people voted for the president of the United States. These are- these are not his enemies. So what did we concede on? We conceded on biologics. Yes. That was a move away from what I wanted, for sure. But labor enforcement? There’s nothing about being against labor enforcement that’s Republican. The president wants Mexico to enforce its labor laws. He doesn’t want American manufacturing workers to have to compete with people who are- who are operating in- in- in very difficult conditions. So there’s–

MARGARET BRENNAN: But you don’t think there’s a political cost because Republican senators were annoyed to be cut out of this last phase?

AMB. LIGHTHIZER: Look it there are- there are always process issues. This bill is better now with the exception of biologics, which is a big exception. With the exception of biologics, it’s more enforceable and it’s better for American workers and American manufacturers and agriculture workers than it was before. For sure.

MARGARET BRENNAN: Mr. Lighthizer, Thank you very much for joining us.

AMB. LIGHTHIZER: Thank you for having me.

[End Transcript]

President Trump Responds to Iran: “This is Not a Warning, it is a Threat”….


President Trump responds to the domestic and foreign alignment of provocations.

President Trump doesn’t have too many options here.  However, he’s a much more cunning adversary than the Deep State has faced previously.  Strategically a good decision to head-off those carrying the banners in the war parade.  Secretary Pompeo, Secretary Asper, Joint Chiefs’ Milley have an alignment of domestic interests well organized.

Resounding applause will be heard from The State Department, the Pentagon, the CIA, Nikki Haley, Marco Rubio, Lindsey Graham, John Bolton, Tom Cotton, Adam Kinzinger, Mark Levin, Mitt Romney and a host of well positioned senators, soon to be jurists….

The domestic warning was akin to ‘we can create a Benghazi, watch‘.  POTUS takes the energy from the threat, uses a little judo adding his own energy, and controls the outcome.

Happy New Year” is akin to “Relax, I got this“…. So now we watch.

Mission Accomplished – Chaos Created – The Pompeo, Esper and Milley Iraq Operation…


If they think Iran is attempting to bait the U.S. into military action in Iraq that will facilitate the agenda of Iran… then why would Pompeo, Esper and Milley take the bait?

The most likely answer is because they (DoS/CIA) wanted to take the bait… then stage an overreaction (DoD)…. and call it “defensive” (DoS)… which makes matters worse…. and draws us in deeper (DoD/DoS)… which is the excuse for war with Iran…. which is ultimately the end goal.

Only this time it’s obvious…

TheLastRefuge@TheLastRefuge2

Fibber. *You* struck at two facilities hundreds of miles away from where the Iranian nutters (or CIA) were barking and leaving trucks and unfired rockets laying around to be found by *responders*. Sketchy as heck. https://twitter.com/SecPompeo/status/1212021024469991425 

Secretary Pompeo

@SecPompeo

We responded defensively to the Iranian proxy attack that killed an American citizen and wounded American and Iraqi soldiers. Now, Iranian backed groups are threatening our Embassy in Baghdad.

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Mike

@Doranimated

The Marine guards look calm, but all that separates them from angry members of Kata’ib Hizballah, the organization the US attacked over the weekend, is a glass barrier and a small Christmas tree.

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ROB@_ROB_29

Dec 31 – Our AH-64 Apache helicopters circling the U.S. Embassy compound in IRAQ.

There will NOT be another
On president @realDonaldTrump‘s watch. It’s great to have a Commander in Chief who protects our troops opposed to leaving them TO DIE!

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Dan Scavino Jr.🇺🇸

@Scavino45

U.S. Marines assigned to Special Purpose Marine Air-Ground Task Force-Crisis Response-Central Command (SPMAFTF-CR-CC) 19.2, prepare to deploy from Kuwait in support of a crisis response mission, Dec. 31, 2019. Video via @USMC🇺🇸

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Despite Intense Media Disinformation Zogby Poll Shows President Trump Beating all Dem Candidates…


The scale of media involvement in the 2020 election will likely be the most massively biased propaganda effort in the history of U.S. media manipulation.  Together with the big tech effort from control operatives in social media, the scale of unified effort is likely to exceed Orwellian proportions…

However, that said, after three years of constant media propaganda and narrative engineering, recent polling shows President Trump beating all Democrat candidates.

[Source]

Some of the interesting details inside the polling shows that when the furthest-left candidates (Sanders and Warren) are polled against President Trump the college educated numbers swing quickly in Trump’s favor 50% to 45%.  [Review Polling Data Here]

Trump is winning with union voters (Trump leads 48% to 42%) and consumers-NASCAR fans (Trump leads 63% to 32%), weekly Walmart shoppers (Trump leads 54% to 37%), and weekly Amazon shoppers (Trump leads 54% to 43%).

President Trump and President Putin Call Readout…


“Yesterday, President Vladimir Putin of Russia called President Donald J. Trump to thank him for information the United States provided that helped foil a potential holiday terrorist attack in Russia.

Both Presidents committed to continuing counterterrorism cooperation between the two countries. The Presidents also discussed the state of relations between the United States and Russia and future efforts to support effective arms control.” (link)

Economic Advisor Peter Navarro Discusses U.S. Economy Heading into 2020…


White House Manufacturing and Trade Advisor Peter Navarro discusses the state of the U.S. economy heading into 2020. The Fox crew uses the strawman poll: “some people feel”, to create a narrative that cannot easily be countered; however, the reality in the economic stats cannot be refuted.

Main Street workers are confident; wages continue to increase; inflation is low –  employment is high, consumer spending is strong and the future looks bright.

Secretary of State Mike Pompeo Discusses U.S. Strikes in Iraq and Syria…


Secretary of State Mike Pompeo appears on Fox and Friends this morning to discuss several topics. One key topic was yesterdays U.S. military strikes in Syria and Iraq.

President Trump has been silent about the controversial strikes.  No White House statement, no press release, no tweets, complete and total silence. Overlay that silence with Secretary Pompeo, Secretary Asper and Joint Chief Milley’s rather odd briefing statements yesterday from Mar-a-Lago; and consider this interview:

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Note: President Trump likely watched this interview as he watched the broadcast.

Whoops – CBS Major Garrett Notes Highly Effective Trump Minority Policies “Any President Would Want to Claim”…


Oh dear, CBS’s Major Garrett is going to be in trouble now.  During a panel discussion Garrett pointed out President Trump’s accomplishments on behalf of minority communities is a legacy any President “would want to claim”:

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Promises made, promises kept.

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Sunday Talks: Ivanka Trump -vs- Margaret Brennan…


Ivanka Trump appears on Face the Nation to discuss the ongoing initiatives around paid family leave.  Ms. Brennan exhibits serious envy as she attempts to position Ms. Trump on the defensive.  However, Ivanka Trump is deeply informed on the nuances, details and challenges of the proposal and easily handles the narrative engineering effort of Brennan.

The family leave topic is a serious policy proposal that crosses into the larger America First economic need for a vibrant U.S. workforce.  Additionally, the topic of balance between family and work is critically important for middle-class and main street workers.  There are currently seven million jobs available and policies that help working families with children have long-term benefits beyond economics.

U.S. Military Strikes Iranian Militia in Iraq and Northern Syria – Secretary Pompeo and Esper Briefing…


Secretary of State Mike Pompeo, Defense Secretary Mark Esper and Joint Chiefs of Staff Chairman Mike Miley traveled to Mar-a-Lago today to brief President Trump on issues around the middle-east.  The three leaders also held a press briefing this evening about U.S. military strikes that took place earlier today.

At the beginning of his remarks Secretary Pompeo stated “we came to Florida today to brief the president on activities that have taken place in the Middle East over the course of the last 72 hours.” Additionally Pompeo said he would let Esper discuss “the military aspects but I wanted to put into context our policy with respect to the Islamic Republic of Iran.”

Secretary Pompeo: “The attack that took place against the Iraqi facility threatened American forces. This has been going on now for weeks and weeks and weeks. This wasn’t the first set of attacks against this particular Iraqi facility and others where there were American lives at risk. And today what we did is take a decisive response that makes clear what President Trump has said for months and months and months, which is that we will not stand for the Islamic Republic of Iran to take actions that put American men and women in jeopardy.”

“We will always honor that commitment to take decisive actions when that takes place. We continue to demand the Islamic Republic of Iran act in a way that is consistent with what I laid out back in May 2018, for what it is that we expect Iran to do so that it can rejoin the community of nations.”

Secretary Esper: “DoD took offensive actions in defense of our personnel and interests in Iraq by launching F-15 Strike Eagles against five targets associated with Kata’ib Hezbollah, which is an Iranian-sponsored Shiite militia group. The targets we attacked included three targets in Western Iraq and two targets in Eastern Syria, that were either command and control facilities or weapons caches for Kata’ib Hezbollah.”

“The strikes were successful. The pilots and aircraft returned back to base safely. I would add that in our discussion today with the president, we discussed with him other options that are available. And I would note also that we will take additional actions as necessary to ensure that we act in our own self-defense and we deter further bad behavior from militia groups or from Iran. Thank you.”

General Milley, in uniform, did not speak. The men left without taking questions. Hogan Gidley from the WH press office presided.  Reporting by David Martosko.

Personal and cynical note:  The absence of a visible President Trump on the issue is noted; neither is there a tweet or a citation for a comment therein.  Additionally, I wouldn’t trust that trio (Pompeo, Esper and Milley) as far as I could spit.

With strong indications that President Trump is working earnestly to remove U.S. troops from Afghanistan, the tail of the war machine is predisposed to wag the dog.

The Associated Press

@AP

Taliban council agrees to cease-fire in Afghanistan

KABUL, Afghanistan (AP) — The Taliban said Sunday they have agreed to a temporary cease-fire nationwide. It provides a window during which a peace agreement with the United States could be signed….

apnews.com

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