Category: Art Of The Deal

The Trump Whisperer Could Not Be Reached For Comment, a continuing series…



“The Europeans Came Scrambling to Him.. Badly Wanted a Deal”

The Trump Whisperer could not be reached for comment, a continuing series…

Countdown on for Carney

I’ve detailed time and again that Canada is playing games we shouldn’t be playing in these negotiations. I’ve had that intelligence and my reporting verified by multiple sources in government and industry.

We have the wrong negotiating team in place, we are using the wrong tactics, we should change up the roster and the game plan.

Of course, every time I write on this issue and point out these problems I get a barrage from the “Elbows Up!” and “Screw the Americans” segment of Canadian society.

How Are Those Elbows Holding Up?

Meanwhile: “This landmark Deal opens up Indonesia’s ENTIRE MARKET to the United States for the first time in History.”

“We want cooperation with Israel”

Via @EylonALevy: Massive story in @WSJ. The Palestinian Authority is facing a secession movement. The “Emirate of Hebron” wants to break away and make peace with Israel under the Abraham Accords.

“We want cooperation with Israel,” says Sheikh Wadee’ al-Jaabari, also known as Abu Sanad, from his ceremonial tent in Hebron, the West Bank’s largest city located south of Jerusalem. “We want coexistence.” The leader of Hebron’s most influential clan has said such things before, as did his father. But this time is different. Sheikh Jaabari and four other leading Hebron sheikhs have signed a letter pledging peace and full recognition of Israel as a Jewish state. Their plan is for Hebron to break out of the Palestinian Authority, establish an emirate of its own, and join the Abraham Accords.

The letter is addressed to Israeli Economy Minister Nir Barkat, a former mayor of Jerusalem, who has brought Mr. Jaabari and other sheikhs to his home and met with them more than a dozen times since February. They ask him to present it to Prime Minister Benjamin Netanyahu and await his reply.

“The Emirate of Hebron shall recognize the State of Israel as the nation state of the Jewish people,” the sheikhs write, “and the State of Israel shall recognize the Emirate of Hebron as the Representative of the Arab residents in the Hebron District.” Accepting Israel as a Jewish state goes further than the Palestinian Authority ever has, and sweeps aside decades of rejectionism.

The letter seeks a timetable for negotiations to join the Abraham Accords and “a fair and decent arrangement that would replace the Oslo Accords, which only brought damage, death, economic disaster and destruction.” The Oslo Accords, agreed to by Israel and the Palestine Liberation Organization in the 1990s, “have brought upon us the corrupt Palestinian Authority, instead of recognizing the traditional, authentic local leadership.” That would be the clans, the great families that still shape Palestinian society.[…]

Mr. Barkat says the old peace process failed, so “new thinking is needed.” He has been working with the knowledge of his Israeli government to explore possibilities with the sheikhs. A senior Israeli source says Mr. Netanyahu has been supportive but cautious, waiting to see how the initiative develops. The timing may be out of his hands now that Sheikh Jaabari is extending the olive branch in public.

Archived here.

“The outcome fell short of expectations in European capitals…”

Conservative Treehouse;

The intransigent European Union are hitting a dead end with immovable Trump on the issue of tariffs. The resulting dynamic is what we would expect given 75 years of the Marshall Plan (European Recovery Plan) as part of the EU’s only point of reference.

In order for the EU to maintain their socialistic form of government, they need to continue the economic benefits from one-way tariffs that exploits the American consumer market. President Trump’s plan to force reciprocity is against their entire economic foundation. The EU simply cannot fathom life without the status quo.

In many ways the EU is in the same position as Canada. From their perspective, economic reciprocity is not sustainable; they would have to change their social compacts. This is the core of the conflict.

The EU trade delegation hit a brick wall in Washington DC, as the U.S. trade team reiterated the baseline tariffs are not something within the negotiation dynamic.

Thank You For Your Attention To This Matter

The heads keep rolling.

CBS News parent Paramount Global has agreed to pay $16 million to resolve an extraordinary lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall.

The long-gestating and highly controversial settlement payment was announced by Paramount late Tuesday night.

Paramount said the $16 million sum “includes plaintiffs’ fees and costs,” and will not be paid to Trump directly, but instead will be allocated to Trump’s future presidential library — mirroring a settlement agreement that Disney’s ABC struck with Trump last December.

“The settlement does not include a statement of apology or regret,” Paramount specified.

The announcement also said that “in the future, ‘60 Minutes’ will release transcripts of interviews with eligible U.S. presidential candidates after such interviews have aired, subject to redactions as required for legal or national security concerns.”

CNN is butthurt.

Legal experts maintained that Trump’s suit was frivolous and that CBS was on solid ground to fight and win the case in court.

Thank You For Your Attention To This Matter

In other winning: SCOTUS just ruled 6-3 for the Trump administration, allowing deportation of illegal aliens to a third country, not their homeland.  Maryland fathers, Andrew Coyne hardest hit.

Update: With a half hour to go before the ceasefire takes effect, Iran launched another volley of missiles, mostly because they’re retarded.

Pushback

A Manhattan court has ruled against Trump’s Liberation Day tariffs as a result of a lawsuit brought against the US government by importers affected by the tariffs.

A three-judge panel at the US Court of International Trade, a relatively low-profile court in Manhattan, stopped Trump’s global tariffs that he imposed citing emergency economic powers, including the “Liberation Day” tariffs he announced on April 2.

The order halts Trump’s 30% tariffs on China, his 25% tariffs on some goods imported from Mexico and Canada, and the 10% universal tariffs on most goods coming into the United States. It does not, however, affect the 25% tariffs on autos, auto parts, steel or aluminum, which were subject to Section 232 of the Trade Expansion Act – a different law than the one Trump cited for his broader trade actions.

Update by Kate: The order didn’t last long.

Art Of The Deal

National Post- Trump says Canada’s Golden Dome membership costs $61 billion — or free as 51st state

In a post to Truth Social, he said the cost to join in the “fabulous Golden Dome System” — the multilayered missile defence program to counter foreign threats to America, even those coming from space — would be US$61 billion should Canada choose to remain “a separate, but unequal, Nation.”

But join the U.S. as its “cherished 51st state” and protection from the defence program will cost Canada “zero dollars.”

“They are considering the offer,” Trump wrote.

47: Most Favored Nation

@RapidResponse47;

@POTUS on Most Favored Nation prescription drug pricing: “We are going to pay the lowest price there is in the world. Whoever is paying the lowest price, that is the price we’re going to get — so we’re no longer paying ten times more than another country.”

More: On accusations that signing an executive order implementing Most Favored Nation prescription drug pricing is “price control,”

Art Of The Deal

Protests by workers demanding back wages are spreading across China in a sign of growing discontent among millions suffering the brunt of factory closures, triggered by steep U.S. tariffs on Chinese imports amid an economic downturn.

Across the country – from Hunan province’s Dao county in central China to Sichuan’s Suining city in the southwest and Inner Mongolia’s Tongliao city to the northeast – hundreds of disgruntled workers have taken to the streets to protest about unpaid wages and to challenge unfair dismissals by factories that were forced to shut due to the U.S. tariffs.[…]

Analysts at U.S.-based investment bank Goldman Sachs estimated that at least 16 million jobs, across industries, in China are at risk due to U.S. President Donald Trump’s imposition of a 145% tariff on Chinese imports

Via

Art Of The Deal

Zerohedge;

To begin the week, we highlighted a potential breaking point emerging in the global economy due to the escalating tariff war: Chinese plastics manufacturers—heavily reliant on U.S. petrochemicals—now face production halts as shipments are increasingly being diverted from the world’s second-largest economy.

Bloomberg cites new ship-tracking data showing that a very large gas carrier hauling U.S. propane has diverted from its initial destination in China to a new port of call in Japan.

The data showed that BW Gemini is hauling 46,000 tons of propane from the U.S. The gas tanker left Phillips 66 Freeport LPG Export Terminal in late March and was initially headed for Yantai, China. However, in recent days, while traversing the Pacific Ocean, the port of call was changed to Imari, Japan. […]

Chinese plastics factories that depend on a gas they mainly import from the U.S. are contending with the prospect of widespread shutdowns as the world’s two largest economies bunker down for a prolonged trade war

The note titled “Chinese Plastics Factories Face Mass Closure As US Ethane Supply Evaporates” focused on ethane, a petrochemical feedstock to produce ethylene, one of the most critical building blocks in modern manufacturing.

Navigation