NAFTA renegotiation round six ended yesterday in Canada will no substantive progress on the most contentious trade issues. One negotiation chapter on corruption was closed, but there was little to no agreement on much else. Each of the primary Trade Representatives gave a closing statement at the conclusion of Round #6. U.S.T.R. Lighthizer blasted Canada […]
NAFTA Round #6 – USTR Robert Lighthizer Highlights Canada’s Deceptive Negotiation Approach…
Did Bureau of Economic Analysis Sandbag Report on 4th Qtr U.S. GDP ?….
The U.S. Fourth Quarter GDP growth was reported two days ago at 2.6% and that stunned everyone who were expecting a much higher number. All U.S. economic indicators including U.S. Holiday consumer spending, which accounts for around two-thirds of total GDP, were off the charts in the fourth quarter growing +5.5% over the prior holiday. […]
NAFTA Round #5 Reaches Impasse on Critical Auto Sector – Canada/Mexico Balk At Rules of Origin…
$64 billion of the current annual trade deficit with Mexico stems from the auto sector alone. For over a decade auto manufacturers have moved to Mexico in order to import parts from Asia, assemble and install them, and then ship the completed cars into the U.S. through NAFTA without duties (tariffs). The U.S. auto ancillary […]
Purchased Politicians, Mostly Republicans in House and Senate, Write Letters Opposing Trump on NAFTA…
Multinational corporations and foreign governments spend hundreds of millions in Washington DC lobbying House and Senate politicians to retain trade positions. It’s generally a legal bribery business where congressional representatives get rich by selling their votes to corporations and foreign governments. Most of you already know the game…
New York Fed Sees U.S. Economy Growing 3.2% in Fourth Quarter…
All leading economic forecasters said it would be impossible for President Trump’s MAGAnomic plans to generate 3% GDP growth in the first year. President Obama said it was impossible and Trump would need a “magic wand, or something“. Well, three months after taking office (April-June), it was Quarter 2, and the U.S. GDP began growing […]
Asia Day #10 Schedule – President Trump 31st ASEAN Summit…
President Trump Attends ASEAN Summit in Manilla Philippines…
President Trump Throws Down Gauntlet on Trade at APEC CEO Summit Speech in Vietnam (VIDEO)…
Day #6 – President Trump and First Lady Melania Trump Visit Beijing, China…
As CTH provides an overview of President Trump’s historic visit to communist China the majority of our review is toward the geopolitical aspects. China is a communist nation; many people forget that. China’s central command and control authority goals are to dominate the globe with a disposition that China is the world’s center. Therefore the […]
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