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It’s Official: Trump Winning the Trade War


Written By Kevin Jackson |

The media missed the latest news on China. And it’s not good, at least as far as Leftists in America are concerned.

America is winning!

As AP reports,

China’s factory activity contracted in July for a third month amid a tariff war with Washington and weak domestic demand. A monthly index released Wednesday by an industry group, the China Federation of Logistics & Purchasing, stood at 49.7 on a 100-point scale. That was up 0.3 points from the previous month but still below the 50-point mark that shows activity contracting.
The data indicate China’s economic downturn was slowing, said a logistics federation statement. But it said the economy still faced “downward pressure.”
Chinese exporters have been hurt by President Donald Trump’s tariff hikes in a dispute over Beijing’s technology policies and trade surplus. Consumer demand also has weakened, hurt by uncertainty about China’s economic outlook. China’s economic growth fell to 6.2% over a year ago in the quarter ending in June, its lowest level since 1993.
U.S. and Chinese trade negotiators met Wednesday but economists said an early breakthrough was unlikely. The manufacturing decline “will continue in 2019 until the trade and technology negotiations make some progress,” said Iris Pang of ING in a report. Chinese leaders have tried to shore up economic activity by pumping money into building highways and other public works. That has supported demand for construction materials but failed to reverse the overall downturn.
Exports of Chinese goods to the United States fell 7.8% in June from a year earlier. China’s global exports sank 1.3%.

I reported on this a while back. And my information came from two sources.

First, I have a friend who lives in China who gave me his observations on the ground. He said that many Chinese factories were idle. He said that far too many Chinese weren’t in their normal pattern of sleep and work.

Second, my pretend-parents have factories in China. They said that negotiations for their activities favored them for the first time in over a decade. They have factories begging for their business, each willing to undercut the other.

Sadly, the media doesn’t want Americans to know what common sense explains. When President Trump removed $250 billion from the Chinese economy, the Chicoms felt the impact. The American economy continues to grow. And had it not been for Boeing’s issue with the 737-800s, the Trump economy would likely still be setting stock market records.

Fear not, for the bull market will continue…in America.

China won’t fare so well. That’s because they bet on the wrong strategy.

As AP reported:

U.S. and Chinese envoys held “constructive” trade talks on Wednesday, the White House said, after President Donald Trump rattled financial markets by accusing Beijing of trying to stall in hopes he will fail to win reelection in 2020.
The meeting, aimed at ending a tariff war over trade and technology, ended about 40 minutes ahead of schedule. Neither delegation spoke to reporters before U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin left for the airport. But White House spokeswoman Stephanie Grisham said in a statement hours later that “the meetings were constructive,” and that talks are expected to resume in Washington in September, though exact dates were not announced.
According to the statement, the Chinese confirmed their commitment to President Donald Trump to buy more U.S. agricultural exports, something Trump had publicly been casting doubt on.
Economists had said quick breakthroughs were unlikely because the two governments face the same disagreements over China’s technology policy and trade surplus that caused talks to break down in May. Trump and President Xi Jinping agreed in June to resume negotiations but neither has given any sign of offering big concessions.
The dispute over U.S. complaints that Beijing steals or pressures companies to hand over technology has battered exporters on both sides and disrupted trade in goods from soybeans to medical equipment. Trump has raised tariffs on $250 billion worth of Chinese imports while Beijing responded by taxing $110 billion of U.S. products.

Trump’s economy is an undeniable success.

And as Newt Gingrich recently reminded us, strong economies win elections.

“If the economy stays good and the president stays focused, he’s going to win,” he remarked.

While making the prediction, Gingrich pointed to the Trump campaign’s increasing momentum, which he said: “is all predicated on just tremendous amounts of hard work.”

Our team weighed in:

Just last month, Trump broke another amazing economic record. It’s hard to believe one president could have so much success, but that’s only because we spent eight years taking the beat-down of a lifetime. And while Obama promised an economic recovery, Trump delivered.
It’s that simple. During the Obama administration, we lost jobs. Manufacturing packed up and headed overseas. ObamaCare strained small businesses to the breaking point. The stock market posted dismal numbers. In short, Obama put us in a depression darker than the Great Depression.
However, the morning after the election, stocks started to rise. The promise of a Trump White House put confidence back in the market. Manufacturing returned. Jobs came back. An as for the depression, Trump was the Prozac that put an end to it. Now, we can’t stop breaking records.
Meanwhile, desperate democrats can’t find a solid candidate or a unifying message. But no matter what they cling to, the Trump economy slaps them in the face. And when you add the trade war victory to the economy, the Trump train becomes unstoppable.

Peter Thiel: FBI, CIA Must Investigate ‘Treasonous’ Google


Written by Lucas Nolan | 

URL of the original posting site: https://www.breitbart.com/tech/2019/07/15/peter-thiel-fbi-cia-must-investigate-treasonous-google/

New Zealand's government has come under fire for granting citizenship to the co-founder of PayPal, Peter Thiel, despite him not meeting official criteria
ALEX WONG/Getty
 

Billionaire investor, Facebook board member, and Trump supporter Peter Thiel recently called on the FBI and CIA to investigate Google for the “seemingly treasonous” act of aiding the Chinese military.

Axios reports that Peter Thiel, the billionaire Silicon Valley investor, Facebook board member, and longtime supporter of President Donald Trump, called on the FBI and CIA to investigate Google for allegedly aiding the Chinese military during his speech at the recent National Conservatism Conference. During the speech, Thiel noted “three questions that should be asked” by the federal government of tech giant Google.

Number one, how many foreign intelligence agencies have infiltrated your Manhattan Project for AI?

Number two, does Google’s senior management consider itself to have been thoroughly infiltrated by Chinese intelligence?

Number three, is it because they consider themselves to be so thoroughly infiltrated that they have engaged in the seemingly treasonous decision to work with the Chinese military and not with the US military… because they are making the sort of bad, short-term rationalistic [decision] that if the technology doesn’t go out the front door, it gets stolen out the backdoor anyway?

Thiel added that these questions “need to be asked by the FBI, by the CIA, and I’m not sure quite how to put this, I would like them to be asked in a not excessively gentle manner.” Thiel has been a long time supporter of Artificial Intelligence, joining Elon Musk and Reid Hoffman in pledging to commit a total of $1 billion to the non-profit group OpenAI in 2015.

Google has come under fire previously for its relationship with China, particularly the development of a censored Chinese search engine codenamed Project Dragonfly. During a speech before the Hudson Institute in 2018, Vice President Mike Pence criticized what he believes is China’s theft of U.S. technology, urging Google to take action on the issue. Pence said during the speech that other business leaders are hesitant to enter the Chinese market “if it means turning over their intellectual property or abetting Beijing’s oppression.”

Pence called on Google to listen to these other leaders and that “more must follow suit.” He also called on Google to end the development of its censored Chinese search engine project known as Dragonfly: “For example, Google should immediately end development of the ‘Dragonfly’ app that will strengthen Communist Party censorship and compromise the privacy of Chinese customers,” said Pence.

In an interview with Tucker Carlson, Chinese policy expert Dr. Michael Pillsbury noted that eight years ago, Google co-founder Sergey Brin received praise for refusing to do business with the Chinese government, a decision which now appears to have been completely reversed. “Fast forward eight years and Google has reversed itself, but done so secretly.”

Recently, e-commerce giant Amazon faced pressure from employees to cut ties with Peter Thiel’s Palantir, a data mining firm that is employed by ICE in its efforts to carry out deportations. Amazon employees are now circulating a letter from June 2018 in which they called for executives to ban Palantir from Amazon Web Services; Palantir’s software utilizes Amazon’s cloud computing unit.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or email him at lnolan@breitbart.com

S&P 500 touches new record after trade ceasefire, but rally is losing steam


Fred Imbert@foimbert

U.S. stocks rose on Monday after the U.S. and China agreed to hold off on slapping additional tariffs on their products in an effort to resume trade talks. The S&P 500 rose 0.5% and reached an all-time high of 2,977.86. The Dow Jones Industrial Average gained 53 points, or 0.2% as Nike and Apple outperformed. The Nasdaq Composite jumped 0.9%.

Chipmaker shares rose broadly. Skyworks Solutions gained 5.3% while Micron Technology advanced 3.8%. Shares of Qualcomm and Broadcom climbed 1.8% and 3.4%, respectively. Apple also rose 1.8%.

“The markets appear to be content with the cooperative tone coming out of the meetings. To me, it felt like the contrarian play was to the upside post meetings,” said Dan Deming, managing director at KKM Financial. “There was a great deal of bearishness in sentiment headed into the meeting. Many market observers were discounting any change in the narrative, which made many believe the risk was to the downside.”

But the major indexes pared their gains around midday in New York. If it weren’t for the big gains from chipmakers and other technology stocks on the Huawei reprieve, it would likely be an average slightly higher market day in reaction to the trade truce. At its session high, the S&P 500 was up 1.2%. The Dow and Nasdaq rose as much as 290 points and 1.8% respectively.

“There was a fair amount of exuberance at the open. I don’t know if it was celebrating good news or the absence of bad news,” said Willie Delwiche, investment strategist at Baird. “Either way, we started strong. The problem is, while we had a new high on the S&P 500, the number of individual stocks making new highs was shy of what we say back in late June,” when the index made its latest record close.

“I don’t want to overstress the importance of it, but it is not confirming the index-level highs,” Delwiche said.

Monday’s gains got Wall Street starting off the second half of the year on the right foot following a big first half. The S&P 500 rallied more than 17% to start off 2019, notching its best first half in more than 20 years. That surge came after stocks recovered in June from a torrid May performance. The Dow soared 7.2% in June, its biggest gain for that month since 1938. The S&P 500, meanwhile, jumped 7.9% for the month, marking its best June performance since 1955.

President Donald Trump and Chinese President Xi Jinping agreed not to impose new levies on U.S. and Chinese goods after meeting on the sidelines of the G-20 summit in Osaka, Japan on Saturday. Trump said the meeting went as well as it could have, noting: “We are right back on track.” Chinese state-run news outlet Xinhua said the two leaders agreed to “to restart trade consultations between their countries on the basis of equality and mutual respect.”

Trump added the U.S. will ease restrictions on American companies from selling products to Huawei, a giant telecommunications company from China. The U.S. barred companies from selling to Huawei in May, citing national security concerns. The U.S. president also said China would “buy farm product.”

Investors anxiously awaited the meeting between Trump and Xi as they looked for clues on whether the world’s largest economies would resume trade negotiations or if the conflict would be prolonged. Chetan Ahya, global head of economics at Morgan Stanley, described the meeting’s outcome as “an uncertain pause.”

There is “no immediate escalation, but still no clear path towards a comprehensive deal,” Ahya said in a note Sunday. “As things stand, we lack clarity on whether real progress was achieved on the sticking points that caused talks to break down in the first place. Hence, our overarching conclusion is that the developments over the weekend on their own don’t do enough to remove the uncertainty created by trade tensions.”

Comments from Larry Kudlow, director of the National Economic Council, added to the uncertainty around U.S.-China trade relations. Kudlow told Fox News on Sunday that Trump was not granting Huawei “general amnesty. ” He also said there is no timetable for when a deal might be finalized.

The lingering uncertainty around U.S.-China trade relations will continue to dampen the outlook on corporate earnings, said Larry McDonald, editor of The Bear Traps Report.

“There’s a substantial decay factor developing inside the S&P 500′s earnings picture,” McDonald said. “CFO’s cannot make decisions with a purgatory of uncertainty, endlessly … hanging over the market. The equity rally is a screaming sell.”

Calendar second-quarter earnings for the S&P 500 are expected to fall on a year-over-year basis, according to FactSet data. Analysts also lowered their third-quarter earnings forecast to show a contraction from the previous year, as profit expectations for multinationals with exposure to China have soured.

China and the U.S. have been embroiled in a trade war for more than a year. In that time, the U.S. has slapped tariffs on more than $250 billion worth of Chinese imports. China has retaliated with levies of its own on U.S. products.

—CNBC’s Michael Bloom and Everett Rosenfeld contributed to this report.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – World Stooge

Biden says World leaders begged him to run against Trump. No doubt they prefer someone much weaker in regard to America’s interest.

Biden Popular Among World LeadersPolitical Cartoon by A.F. Branco ©2019.
More A.F. Branco Cartoons at The Daily Torch.

Branco’s Faux Children’s Book “APOCALI” ORDER  HERE

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A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, the great El Rushbo, and has had his toons tweeted by President Trump

Getting Caught up with A.F. Branco Politically INCORRECT Cartoons


A.F. Branco Cartoon – Wake Up n’ Smell the Tyranny

Social Media Banning Conservative – There’s an all-out assault on conservative free speech by social media giants Facebook, Twitter, YouTube, and Google in America.

Free Speech CafePolitical Cartoon by A.F. Branco ©2019.

A.F. Branco Cartoon – Sty-Gate

Because AG Barr is known for his integrity and is now set to investigate those on the left for spying on a political opponent, Nadler, and the Democrats seek to tarnish his reputation.

Barr HearingsPolitical Cartoon by A.F. Branco ©2019.

A.F. Branco Cartoon – Israeli Trump Card

Obama and Kerry seemed to be more on the side of Hamas and the terrorists than they were for Israel, but it’s the exact opposite with Trump.

Tump Fires HamasPolitical Cartoon by A.F. Branco ©2019.

A.F. Branco Cartoon – Raising the Barr

Because Barr won’t release the unredacted Mueller report, that would be illegal to release, Nadler is charging him with contempt for upholding the rule of law.

Barr in Contempt of CongressPolitical Cartoon by A.F. Branco ©2019.

A.F. Branco Cartoon – Near Miss

Some say Nadler and the Democrats are creating a Constitutional Crisis in their effort to destroy President Trump and reverse the 2016 election.

Constitutional CrisisPolitical Cartoon by A.F. Branco ©2019.

A.F. Branco Cartoon – No More Kowtow

Trump strikes back with big tariffs when China reneges on the original deal outline and talks ended. China has now retaliated with their own tariffs.

China Trade DT 600Political Cartoon by A.F. Branco ©2019.

A.F. Branco Cartoon – Three Stooges

Brennan, Clapper, and Comey are beginning to pointing fingers at each other now that AG Barr has appointed US Attorney John Durham to investigate Spying on the Trump campaign.

Deep State Turning on Each OtherPolitical Cartoon by A.F. Branco ©2019.
See more Legal Insurrection Branco cartoons, click here.

An adult children’s Book for all ages APOCALI NOW! brilliantly lampoons the left order  HERE

Donations/Tips accepted and appreciated –  $1.00 – $5.00 – $10 – $100 –  it all helps to fund this website and keep the cartoons coming. – THANK YOU!

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A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, the great El Rushbo, and has recently had his toons tweeted by President Trump.

China closes doors of largest underground churches


Reported by Michael F. Haverluck (OneNewsNow.com) | Thursday, December 20, 2018

Chinese Commie PropagandaThe Chinese communist government continued its crackdown on Christianity by shutting down the nation’s largest underground churches.

A few of China’s prominent churches that were not under the control of the government were recently raided as communist officials seized Bibles, Christian materials and cell phones from church members.

Submit to the state first, God second

One 5,000-member church founded in Guangzhou Province in the 1970s – formerly pastored by the late prominent religious freedom advocate Samuel Lamb – was the latest target of the communist government in its quest to make all Chinese citizens in Christian churches bow down to its authority.

“An underground Protestant church, Guangzhou’s Rongguili Church, was closed and sealed after 60 police and Religious Affairs officials raided it [Sunday] morning,” Asia News reported. “Police entered the building during children’s Bible class, which was cancelled, and seized lists and books and took the names of those present – as well as their mobile phones.”

Rongguili Church and other underground churches that have not yet been forced to join the state’s Three-Self Movement – the Chinese government-controlled Protestant community – are now being targeted to conform to the government’s dictates … or be shut down.

“Since it is an underground Church, its meetings are deemed ‘illegal,’” Asia News’ Wang Zhicheng noted. “Local authorities posted a message on social media telling worshippers to go to 15 other registered Protestant churches.”

“[The Chinese government] knows that a lot of these churches … won’t budge, so they’re thinking of ways to completely shut them down and … dismantle them. I think these Christians, in preparation, knew what might come – but it’s inspiring that despite of that they still want to continue to worship and gather in public to testify their faith.”

Gina Goh
International Christian Concern
(in an interview with OneNewsNow.com)

Crackdown on Christianity

Shutting down China’s largest underground Protestant churches not submitting to the government’s communist dictates is becoming a trend in the world’s most populous nation, with Rongguili Church’s closure preceded by Beijing’s Zion Church being forced to close it doors in September and the Early Rain Covenant Church having to close down last week.

“The previous Sunday, Dec. 9, the Early Rain Covenant Church in Chengdu was shut down, and more than a dozen Christians were arrested, including Pastor Wang Yi,” WND reported. ”In September, Beijing’s largest unregistered church, the 1,500-member Zion Church, was closed … after refusing a government order to install security cameras in the sanctuary.”

After Wang Li was released from custody, he issued a public statement in defense of his nonviolent resistance to China’s “evil” and “wicked” rulers who authorized the raid of his church.

“I firmly believe that Christ has called me to carry out this faithful disobedience through a life of service, under this regime that opposes the Gospel and persecutes the Church,” Wang Li proclaimed, according to Christianity Today. “This is the means by which I preach the Gospel, and it is the mystery of the Gospel which I preach.”

The vocal and courageous pastor does not plan on relenting to Chinese authorities any time soon.

“Wang declared prior to his arrest that the church would continue to gather in the event of a government shutdown,” WND announced. “World magazine reported [that] 50 to 60 people gathered for worship outdoors this week and were arrested. At least 10 leaders of the Early Rain Church remain in custody. Leaders who have been released said they were shackled, starved and tortured while in detention.”

A call to end the persecution

With the intensifying crackdown on China’s underground church movement, American advocates of the persecuted Church are calling for action against the communist authorities’ crackdown on Christianity.

“The U.S. Commission on International Religious Freedom – an independent entity created by Congress – recommended in a report last week putting China on the State Department’s “Countries of Particular Concern” list of the world’s worst religious freedom violators,” WND added.

U.S. Ambassador-at-Large for International Religious Freedom Sam Brownback has called out Chinese President Xi Jingping for reverting to the old ways of the Chinese government.

“China isn’t backing away from the religious persecution,” Brownback asserted, according to CNN. “It seems to be expanding.”

And there are no signs that the communist regime’s incessant attack on the Church will abate any time soon.

“The Chinese government is increasingly concerned about the growth of Christianity – especially among underground communities – and is implementing with ever-growing rigor new regulations on religious activities with the aim of eliminating churches that are not under the control of patriotic associations,” Zhicheng informed. “Recent reports indicate that Beijing’s Cathedral of the Immaculate will also not be spared. In this case, the church will be closed indefinitely for [so-called] ‘repairs,’ Catholic worshippers are invited to use the Church of St Saviour [in] Beitang.”

“Repairs” are reportedly the excuse Chinese authorities are using to at least temporarily shut churches down that do not bow down to their authority.

“For many believers, these ‘repairs’ are just a veiled attempt to hamper Christmas celebrations, which attract thousands of people – even non-Christians – whose curiosity often leads them to the catechumenate,” Zhicheng added. “Conversely, other Catholics believe that ‘repairs’ are needed, but the question remains as to why they should start just a few days before Christmas.”

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – The Great China Trade Barrier

President Trump continues to win, this time by breaking down the huge china trade barrier and opening the auto trade, and agriculture. Also, some major headway with Intel property theft and forced tech transfer.

The Great China Trade BarrierPolitical Cartoon by A.F. Branco ©2018.
More A.F. Branco Cartoons at The Daily Torch.

A.F. Branco 2019 13-Month Calendar <—- Order Here

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A.F.Branco Coffee Table Book <—- Order Here.

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been seen all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC and “The Washington Post.” He has been recognized by such personalities as James Woods, Sarah Palin, Larry Elder, Lars Larson, and even the great El Rushbo.

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