Sunday, July 1, 2018

ARCHIVE TARIFFS AND TRADE: March 3 - July 25, 2018

Live Blog


July 25, 2018

(LIVE STREAM) JOINT PRESSER PRESIDENT TRUMP AND JUNCKER




Live stream: President Trump and the President of the European Commission Deliver Joint Statements.


(VIDEO) EU COMMISSION PRESIDENT VISITS WHITE HOUSE




July 25, 2018 President Trump presses European Commission President on trade. The basis of the EU are farm subsidies. 

Today the man Donald Trump labeled a ”brutal killer,” the top dog in the European Union, Jean Claude Juncker, takes his stuff to the White House. European Commission spokesperson Margaritis Schinas said this Wednesday’s talks between Juncker and Trump, would seek to “de-dramatize any potential tensions around trade.” Asked whether Juncker would have a specific measure that could prevent the new tariffs, she added: “There are no offers. This is a discussion, it is a dialogue and it is an opportunity to talk and to stay engaged in dialogue.” Supposedly, Juncker believes he, and he alone, can “head off a trade war”. He is walking into a literally buzz saw. The EU embodies everything that Trump’s strategy “America First” opposes. (More)





July 5, 2018

BRUSSELS CAVES TO TRUMP OVER "TRADE WAR"


The EU operates as one trading bloc. But actually, it's just Germany the US has a gargantuan trade deficit with. European solidarity does not reach so far that the rest of the EU would risk a trade war with the Trump administration over. So this did not take long, as expected. "Brussels caves to Trump"...
Brussels officials are looking to negotiate a new deal with the US President, who is a fierce critic of the EU's trade policy. The EU currently imposes tariffs of 10 percent on imports of US-built cars, compared to Washington's 2.5 percent levy on European car imports. Any move to lower the punitive tariffs would be warmly welcomed by Mr Trump. The news comes ahead of a meeting between European Commission President Jean-Claude Juncker and the US leader later this month. (...) EU leaders have ruled out making major concessions to Washington, instead vowing to defend their economic interests. They signed a joint statement last week backing "safeguarding measures to protect our own markets" amid the trade war. At a meeting with Dutch leader Mark Rutte on Monday, Mr Trump said it would be "positive" if the EU trade dispute was not resolved. Mr Rutte responded bluntly: "It's not positive. We have to work something out." Meanwhile, Angela Merkel revealed Mr Juncker would "submit proposals setting out what we can do" during his meeting with Mr Trump. (More)




July 2, 2018

(VIDEO) FULL TRUMP INTERVIEW WITH MARIA BARTIROMO




July 1, 2018 President Trump's Full Interview with Maria Bartiromo.

President Trump sat down with Fox News's Maria Bartiromo for a economy oriented interview on Sunday. It is now clear not all observers understand that tariffs are not the end object of Trump trade policies. The end goal is the abolition of tariffs. When he dropped this proposal during the G7 summit, the leaders screaming the loudest quickly changed the subject. Knowing President Trump, he will reach his goal sooner or later. A day before the Dutch PM's visit to the White House the President said this (with the best intentions of course):





June 12, 2018

(VIDEO) TRUMP EXPLAINS G7 DUST UP




June 12, 2018 President Trump explains dust up with Justin. 

President Trump revealed he and German Chancellor Angela Merkel were not actually in the middle of a confrontational moment when a now-viral photo was taken during the G-7 summit. (...) We have a very big trade deficit with Canada. They don’t take our farm products,” Trump told reporters. (...) The president had left the G-7 summit in agreement with the joint statement (or communique) following the summit but backed out, slamming Trudeau, after his backstabbing behavior. “When I got out to the plane, I think that Justin probably didn’t know that Air Force One has about 20 televisions. And I see the television and he’s giving a news conference about how he will not be pushed around by the United States and I say push him around? We just shook hands. (...) "he assumed I was in an airplane and I wasn’t watching," Trump continued, warning that Canadians will pay a high price for Trudeau’s actions. “That’s going to cost a lot of money for the people of Canada,” Trump said. “He learned. You can’t do that. You can’t do that.” (More)





June 10, 2018

(VIDEO) TRUMP TELLS G7: GLOBALISM IS OVER!




June 9, 2018 President Trump delivers post G7 statement. 

The Quebec G7 Summit is a landmark in Globalism. Trump told the assembled leaders that "it's over". While the liberal press is painting Trump as the trade warrior, it is the President who proposed abolishing tariffs and subsidies in the G7 territories. But apparently that was not what the Globalists had in mind. They want the status quo, i.e. keep sponging off the American fat cow. Trump told them it's not going to happen anymore. After Trump left for his all important meeting with Kim Jong-un in Singapore, Justin Trudeau issued a statement that made Trump furious. He sent out following tweets:


⏩ Here's a brilliant report on the Charlevoix G7 agreement and Justin's statement on the Conservative Treehouse (more).

⏩ Great thread by Rex on Europe, France in particular.


⏩ Merkel's personal photographer Jesco Denzel took this picture that went viral after Merkel spokesman Steffen Seibert posted it on Twitter.


The idea was apparently to create the perception that Merkel was dominant in the talks, and that Trump, seated on a lower level was given a good talking to. Which provides us with a teachable moment about creating perceptions. Other pictures, taken before and after this specific moment create another impression.
















Honest observers will note in a glance what's actually going on here. Our caption is: "that awkward moment when Trump tells the tariffs and subsidy addicts that they've had their final shot".


⏩ CNN's asinine question forced Trump to utterly humiliate them in front of world at a presser. It didn’t take President Trump too long to question and call out a CNN reporter at the G7 summit in Canada. Trump took some questions from reporters before he left the conference in Charlevoix on Saturday and as one reporter’s angle became clear in his question, the president interrupted. (More)





April 11, 2018

(VIDEO) TRUMP NOT TAKEN IN BY CHINA'S PANDA FACE




April 11, 2018 Laura Ingraham talks to Gordon Chang.

(...) Historic Chinese geopolitical policy, vis-a-vis their totalitarian control over political engagement (action) and diplomacy through silence, is evident in the strategic use of the space between carefully chosen words, not just the words themselves. Each time China takes aggressive action (red dragon) China projects a panda face through silence and non-response to opinion of that action.…. meanwhile, the action continues. The red dragon has a tendency to say one necessary thing publicly, while manipulating another necessary thing privately. The Art of War. President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask. It is specifically because he understands that Panda is a mask that President Trump messages warmth toward the Chinese people, and pours vociferous praise upon Xi Jinping, while simultaneously confronting the geopolitical doctrine of the Xi regime. In essence Trump is mirroring the behavior of China while confronting their economic duplicity. Peace or war. Win or lose. Yin and Yang. Culturally there is no middle position in dealings with China; they are not constitutionally capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome. (More)





April 10, 2018


CHINA BLINKS: XI PROMISES LOWER TARIFFS


Chinese President Xi Jinping on Tuesday (Monday night in the U.S.) promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that comes amid rising trade tensions between China and the United States. Xi also said China would raise the foreign ownership limit in the automobile sector “as soon as possible” and push previously announced measures to open the financial sector. “This year, we will considerably reduce auto import tariffs, and at the same time reduce import tariffs on some other products,” Xi said at the Chinese Boao Forum for Asia in Hainan province. The comments sent U.S. stock futures, the dollar and Asian shares higher. (More)





April 7, 2018


TRUMP: SO CALLED 'FREE TRADE' IS REDISTRIBUTION


President Trump explains in one single tweet why what is called "free trade" is actually the redistribution of wealth from developed countries to developing countries. This is how globalists think. The world's wealth is a zero sum game to them. It's world Socialism! On the other hand, imposing tariffs, as leverage in negotiations or as an instrument to counter unfair trade practices, is not "protectionism" but a healthy defense against globalist redistribution.





April 4, 2018

TRUMP: TRADE WAR WAS LOST YEARS AGO


In retaliation for $50 billion in U.S. trade tariffs against Chinese imports, China laughably hits back with $3 their own billion tariffs against the U.S. According to most reporting Beijing has selected U.S. pork and scrap aluminum as targets for a 25% tariff, along with wine and fruit tariffs around 15%. It should be emphasized the approach by China is rather ridiculous considering the Chinese government purchased the largest U.S. pork manufacturer Smithfield in 2013 for $5 billion; at the time the purchase price was 30% more than the company was worth. Smithfield, now a Chinese company, represents 25% of all U.S. pork products. Do you really think China is going to not import it’s own pork products… or subject them to a domestic tax? Think about it. It’s ridiculous. China knows they have ZERO leverage in a trade-dispute with the U.S., they cannot afford to lose access to the U.S. market. (More)





March 25, 2018


(THREAD) WHY PRESIDENT TRUMP SIGNED THE SPENDING BILL


As is the case with tariffs, President Trump signing Congress' spending Bill has many Trump supporters distraught and confused as to the President's goals and motives. Equal and fair trade is easier to explain than a boondoggle of a spending Bill that is putting Obama era Omnibuses to shame. After 48 hours the synapses have started working again and the reality why the President signed off on the Bill are slowly becoming apparent. After more than a year in office, some of the more ideological followers still have not learned to trust their President. There is always a very good reason why he is making the choices that he does with American interests first in mind. In the threads are a number of ideas, for what they are worth at this point, because neither can be verified at this stage. Clue: it's a spending Bill, not a budget. Our Stable Genius can spend as he wants, slow walking funding of Planned Parenthood, or holding back until the Senate finally confirms his appointments.





March 8, 2018


(LIVE STREAM) PRESIDENT TRUMP SIGNS EO ON TARIFFS



Live stream: The White House - President Trump Signs the Section 232 Proclamations on Steel and Aluminum Imports. 
Today in a meeting with steel and aluminium representatives President Trump is expected to officially announce import tariffs of 25 percent for steel and 10 percent for aluminium, applicable two weeks from now. The President is reserving the right to make exemptions, as will probably be the case for Canada and Mexico, currently renegotiating NAFTA trade agreement with the Trump administration and close allies, like Britain and Australia.

Here's the entire thread: ↓


(VIDEO) WILBUR ROSS: TARIFFS ARE A NATIONAL SECURITY ISSUE




March 8, 2018 Wilbur Ross: Trump tariff plan is about economic, national security.




March 3, 2018

EUROCRATS THREATEN A TRADE WAR


It didn’t take long for the European Union to prepare retaliatory taxes on a number of U.S. goods after President Trump announced his intention to impose tariffs on steel and aluminum imports. If Trump follows through with the tariffs, the U.S. goods that could be affected include agricultural goods like corn, steels products, and consumer items such as motorcycles, cosmetics, jeans, bourbon whiskey, and more. In all, the products are valued at more than 800 million euros. Some of the consumer items would target those in the GOP heartland. (More)

The EU last year hiked tariff on steel from China by 36%. Trump setting a tariff of 25% on steel offers the Left an opportunity to demonize Trump. 



BACKGROUND

PLANET TRUMP: 50 PARADIGM SHIFTS

Donald Trump has won the Presidential election. But what does that mean? Welcome into the new world. The repercussions of Donald Trump as leader of the most powerful nation on earth are almost infathomable. The political and media establishment (but also entire swathes of the world population) still don't know what hit them. (More)




Related



ARCHIVE TRUMP SUMMIT WITH NATO, UK, PUTIN July 10 - 15, 2018

To Live Blog


July 15, 2018

TRUMP HAS LOW EXPECTATIONS OF THE HELSINKI SUMMIT




July 15, 2018 CBS Interview from Turnbury, Scotland. 

In an exclusive interview in Scotland, President Trump told CBS Evening News host Jeff Glor that he is going into Monday’s meeting with Russian President Vladimir Putin with “very low expectations,” but that he nonetheless regards it as a positive step.

Instant reaction from Council President Tusk: the EU a foe of the US is FakeNews! 




July 13, 2018


(LIVE STREAM) PR.TRUMP AND FLOTUS MEETING THE QUEEN




Live stream President Trump and the First Lady have tea with Queen Elizabeth at Windsor Castle.

President Trump and First Lady Melania participate in the official greeting and have tea with Her Majesty Queen Elizabeth II at Windsor Castle. On the final leg of the UK tour, the couple will fly to Scotland, where they plan to spend the weekend before flying to Helsinki, Finland for the summit with Russian President Putin.




(VIDEO) TRUMP AND MAY JOINT PRESS CONFERENCE




July 13, 2018 President Trump  and PM Theresa May holding Joint Press Conference at Chequers.

President Trump holds a joint press conference with PM Theresa May ahead of meeting with Queen Elizabeth II. After spending the night at Winfield House in London, hosted by his ambassador Mr Johnson, the president joined the prime minister to watch a UK military exercise. They went on to Chequers - the PM's country residence in Buckinghamshire - for bilateral talks and a press conference.

Journalists are pond life. Obviously they were not aware that member countries in the EU are not allowed to go into individual trade agreements with third parties. It was not at all clear that PM May's "soft Brexit" would allow the UK to go into separate trade agreements with the US. It appears that it does. But the media are explaining their ignorance in the worst possible light so they can slander President Trump as having threatened Theresa May.





July 12, 2018


(LIVE STREAM) TRUMPS GREETED AT BLENHEIM PALACE




Live stream: Trump arrives to Blenheim Palace for welcome ceremony. Expected at 02.30pmET.

PM Theresa May hosted a welcome ceremony at Blenheim Palace in Oxfordshire, the birthplace of Sir Winston Churchill (video). Donald Trump and US First Lady Melania Trump were guests of honor at a black tie dinner, attended by Government Ministers, as well as representatives from various business sectors. The president was greeted with a military ceremony in the Great Court, with the bands of the Scots, Irish and Welsh Guards.





(VIDEO) TRUMPS TOUCH DOWN IN LONDON




July 12, 2018 President Trump and Melania Trump land in London.



Live stream: President Trump, First Lady Melania Arrive in London Stansted Airport, UK.






(VIDEO) NATO MEMBERS TO UP DEFENSE SPENDING (DAY 2)




July 12, 2018 BBC: NATO states to increase defense spending. (Full)

This morning NATO leaders held an emergency session after President Trump warned if allies didn't immediately meet the two percent defense spending target, "I'll do my own thing", which many translated as: the US will leave NATO. That would be unthinkable, but it is the scenario that his critics like to project. As it is, the strong footing NATO is on after this summit, puts Trump in a good negotiating position in his meeting with President Putin on Monday. The EU federalists calling for a European army, will have top shelve their nefarious ambitions for the time being. Next stop, United Kingdom.





July 11, 2018


(VIDEO) NATO SUMMIT (DAY 1)




July 11, 2018 NATO Official Ceremony at the Art and History Museum.

President Trump attends the leaders working dinner (7:45 PM Local). President Trump and the First Lady depart the Art and History Museum at the Cinquantenaire (9:30 PM Local). POTUS and FLOTUS arrive at the Chief of Mission Residence. Schedule.





(VIDEO) BREAKFAST AT BRUSSELS




July 11, 2018 President Trump and NATO Secretary General Jens Stoltenberg: Germany is totally controlled by Russia.

President Trump is calling out Mrs Merkel on her sweetheart direct gas pipeline deal "Nordstream" with Russia, thereby bypassing other NATO countries while former German leader Gerhard Schroeder is running the enterprise for a huge allowance. In the meantime the German defense capabilities have been reduced to using broomsticks for guns. The world corps diplomatique and everyone associated with the global elite is clutching their pearls over Trump's reality check. It is fun to watch! And then there's the Iran cash bail out which nobody has brought up so far.





July 10, 2018


(VIDEO) PRES. TRUMP LEAVING FOR BRUSSELS


President Trump and Melania Trump left this morning for a trip to Brussels for meetings with NATO and EU officials. Thursday afternoon the President and the First Lady will fly to the United Kingdom and on Sunday to Helsinki, Finland for a summit with Russian President Putin after the weekend. 

In anticipation of the visit Donald Tusk, President of European Counsel posted a shockingly inaccurate tweet with reference to the President demanding NATO member states spend the required two percent of their GDP on defense.


First of all Russia and China are potential enemies, not NATO allies! The EU is not a NATO member "state"; individual countries are! The EU is trying to morph itself into a state. As such they aspire to the formation of EU armed forces under Brussels command and control. Covertly this military structure is meant as a rival to NATO, not an auxiliary, member states contributing just one percent of GDP against NATO's two percent.

One wonders where are the minds of these wannabe sun kings in Brussels! Tusk's attitude is acting offended. "We are your BFFs, so don't you dare holding us to our obligations!" Here's another uptake from the part of more traditional globalists: Trump is "neglecting" Europe!


Manhattan Institute scholar and Thatcher biographer Claire Berlinski - not your average batshit crazy lefty -- has another insight into the mindset of the traditional liberal democratic, post World War 2 world view on our liveblog on Nationalism Versus Globalism. It reflects the default world view of the Democrat Party. Only now President Trump exposed the essentially anti American fallacies and corruptions in that doctrine.


BACKGROUND


Nov. 14, 2016

PLANET TRUMP: 50 PARADIGM SHIFTS

Donald Trump has won the Presidential election. But what does that mean? Welcome into the new world. The repercussions of Donald Trump as leader of the most powerful nation on earth are almost infathomable. The political and media establishment (but also entire swathes of the world population) still don't know what hit them. (More)



Related