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You’d never know it by the MSM’s coverage but President Trump had a pretty successful G20 summit. Liz Peek’s article highlights those victories. Ms. Peek wrote that “President Trump scored major successes at the G-20 summit that concluded over the weekend in Argentina. Specifically, the community of nations agreed in their official communique to ‘necessary reform’ of the World Trade Organization, a top White House priority, and recognized the decision of the U.S. to withdraw from the Paris Climate Accord, and to still utilize ‘all energy sources and technologies, while protecting the environment.’ In addition, the Chinese promised to up their purchases of U.S.- made goods and to discuss other demands in exchange for postponing an expected hike in tariffs; President Xi also committed to designating the deadly drug Fentanyl as a controlled substance in China, and vowed to help with de-nuclearizing North Korea.”

That’s just the start. President Trump signed the new and improved trade deal between the US, Mexico and Canada. Later that morning, he met with Japanese Prime Minister Abe and Indian Prime Minister Modi. That sent a strong signal to China that South Korea, Japan and India have sided with the US, not with China. In terms of strategic importance, this development can’t be emphasized enough. China is already buckling during these tariff fights.

Thanks to Trump’s strategic pressure, China has started giving in to President Trump’s trade demands. That’s led to a major increase today for trade-sensitive stocks.”

BTW, the Dow finished up almost 288 points today. They certainly liked what they heard from the G20.

To be sure, there’s some noise coming from the Mueller witch hunt but that’s just noise. It isn’t anything that the American people take seriously. That being said, I don’t doubt that Mueller will weave together a document that Democrats will pounce on. They don’t have a choice on that. That being said, it’s difficult taking him seriously.

Finally, this is good news if it happens:

Trade negotiations between the U.S. and China will yield immediate results that will come even during the 90-day negotiation period ahead, National Economic Council Director Larry Kudlow said Monday.

Tariffs on agriculture and energy products will be lowered while nontariff barriers on American ownership of companies in China also will come down, Kudlow told the Fox Business Network. In addition, Kudlow expects progress on technology transfers and intellectual property.

“Those things should kick in soon. We should see palpable change on the Chinese side immediately,” he said. “I don’t want to be too specific, but I think the generic answer is we will see changes very quickly.”

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