Five Eyes Leverage – Europe Imposes Steel Tariffs on China…

In November of last year the New York Post interviewed President Trump asking specifically why he was not declassifying “spygate” documents, and inquiring about the purpose for his reluctance.  President Trump responded: “Maybe it’s better that the public not see what’s been going on with this country.”  Many people were disappointed, but its always been President Trump’s primary MAGA agenda to focus on economic security.

As the president has repeatedly stated: “economic security is national security.”  And with that cornerstone as the foundation, any evidence of a ‘Five-Eye’ ally participating in the scheme against Trump becomes leverage.  Cue the example:

EUROPE – European officials said today they will make tariffs on steel imports to the region permanent to help stem the glut of supply sparked by Donald Trump’s trade war against China.

The move highlights that protectionism is spreading and Donald Trump’s trade war with China is entrenching itself into the global economy.

The EU will impose quotas on 26 product categories and levy a 25% duty on imports exceeding those quotas, the executive arm said on Wednesday. The move cements proposals laid out last July with the stated aim of protecting European steelmakers amid Chinese overcapacity.

[…] The European auto manufacturers association ACEA said it was “extremely disappointed” and called the measures protectionist, citing statistics showing that steel exports to the US had only dropped marginally, meaning little extra steel was being imported to Europe.

“These measures do not take into account the needs of downstream users of steel, such as the automotive sector,” it said in a statement.  (read more)

A reminder from last year.

[…] President Trump has fifty years of business skills in various predatory and adversarial financial deals.  Leverage, or the ability to force an opponent to take an action that benefits your position, is the most valuable weapon in deals; business or politics the same is true.

This type of leverage is extremely valuable and it’s not just against Democrats, Obama and the Never Trump alliance (ie. Sea Island group).  President Trump is in a fight against multiple enemies from all sides, across all aisles and political alignments.  The declassification leverage is like an atomic hammer that strikes everyone in a 360° blast radius.

And it is not limited to domestic adversaries.  This leverage has a geopolitical value.

Think about geopolitical trade deals with Five-Eyes allies.  Think about how President Trump may need an ally to take a position adverse to their preferred interests. The potential for declassification of intelligence documents showing complicit corruption within the U.K. and Australia could destroy politicians external to the U.S.

Think about an ally being asked to take a position on China (trade), Iran (sanctions), Russia (energy), etc.  Movement on any of these geopolitical issues, and many more, can be tilted -in part- based on the threat of sunlight or declassification. Leverage is a tool.

Getting particular democrats to support the USMCA; what’s that worth?

Getting a southern border wall and sensible immigration law; what’s that worth?

What does President Trump value?  What is important to him?

What part of the transactional relationship can be enhanced by leverage?   Pro-tip: it’s not personal; it is not leverage to benefit Trump personally; he doesn’t care about that shallow stuff… his view of the horizon is much longer, much further; much more consequential.

It annoys the heck out of many people, me included, that Donald Trump is willing to absorb so much inbound fire, unnecessarily; which, by extension, means that his supporters are forced to absorb so much inbound and unnecessary fire; but he is.

What is President Trump’s primary objective?   Save the U.S.A. through economics.

Economic security is national security.

I think much of our angst is because we look too short-term; and the media does a great job of convincing us President Trump is selfish.  Perhaps they are correct. Perhaps I’m wrong; but I see this leverage issue as something Trump views as important – obviously; or he wouldn’t approach it that way.

Would President Trump trade a $500 billion per year positive benefit to the U.S. economy in exchange for never outlining the fraud against him?

Would President Trump accept new jobs for a million Americans in exchange for never outlining the 2016 fraud against him?

Yeah.

He would.

Without question.

And he wouldn’t care if it meant he could never win in 2020.

He ain’t a politician.

Piss you off?

Probably.

That’s Trump.

All of those resistance “politicians” and their schemes, ploys, games and strategies are annoying gnats.  Nothing more.  President Trump’s MAGA agenda is the primary focus. That agenda is bigger, much bigger and far more consequential, than their obstruction.

All of the collective political gnat activity is less than.

 

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