Trump Reportedly Slams Administration's Globalists, Demands "Bring Me China Tariffs"

Tyler Durden's picture

It appears Goldman and the Globalist gang in The White House may have less power and influence than assumed in the absence of Steve Bannon. In what could be one of the most comprehensive (and easily traced) leaks from within Trump's administration, Axios reports details of a small Oval Office meeting with Trump raging at senior staff as they push back against his hawkish trade war position.

Seemingly frustrated at his senior staff's efforts to wage economic war against China, Trump lashed out at his new Chief of Staff General Kelly:

 "John, you haven't been in a trade discussion before, so I want to share with you my views. For the last six months, this same group of geniuses comes in here all the time and I tell them...

 

'Tariffs. I want tariffs.' And what do they do? They bring me IP. I can't put a tariff on IP."

Axios, who confirm this account by sources with knowledge of the meeting and undisputed by the White House, explain in great detail, that Gary Cohn, a globalist who opposes tariffs and the protectionist trade measures pushed by the nationalist Bannonites, had his shoulders slumped and was clearly appalled by the situation.

 Trump added...

"China is laughing at us,... Laughing."

 

"John, I want you to know, this is my view. I want tariffs. And I want someone to bring me some tariffs."

With seeming intimate knowledge of the transcript and actions within the meeting, Axios then describes how senior trade advisor Peter Navarro tried to rescue the situation, only to be rebuked by the president..."I don't even know what I'm looking at here."

However, it is Axios' quoted conclusion of the meeting that raises the most eyebrows about just where the power and influence really remains in The White house...

"John, let me tell you why they didn't bring me any tariffs," he said.

 

"I know there are some people in the room right now that are upset. I know there are some globalists in the room right now. And they don't want them, John, they don't want the tariffs. But I'm telling you, I want tariffs."

Finally, here's the non-denial that the White House gave to Axios:

"The president has been very clear about his agenda as it relates to trade. Discussions pertaining to specific tariffs and trade deals are ongoing and have already resulted in many positive developments."

It seems President Trump is more prone to ignore the Goldman-sponsored Globalist status quo seekers, and is still following Bannon's strategy to maintain hegemony...

“We’re at economic war with China,” he added. “It’s in all their literature. They’re not shy about saying what they’re doing. One of us is going to be a hegemon in 25 or 30 years and it’s gonna be them if we go down this path.

 

Bannon said he might consider a deal in which China got North Korea to freeze its nuclear buildup with verifiable inspections and the United States removed its troops from the peninsula, but such a deal seemed remote. Given that China is not likely to do much more on North Korea, and that the logic of mutually assured destruction was its own source of restraint, Bannon saw no reason not to proceed with tough trade sanctions against China.

 

“To me,” Bannon said, “the economic war with China is everything. And we have to be maniacally focused on that. If we continue to lose it, we're five years away, I think, ten years at the most, of hitting an inflection point from which we'll never be able to recover.”

As we noted earlier, China has already implied its response to any 'economic war' actions would likely lead to "unloading dollar assets."

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cossack55's picture

I've been unloading $ since 07

HelluvaEngineer's picture

Man up Trump.  Grow a pair.  Go out in style.

 

Soul Glow's picture

Exactly.

I hope EVERYONE understands there is just one thing Trump can do to become a political powerhouse and stand alone on a shining beacon above the swamp -RAISE RATES.

tmosley's picture

Peanutz don't understand that Trump's staff works for HIM. He does not work for his staff, as has been the case with past presidents. Previous presidents appointed donors to high positions, but Trump didn't need any money, and giving him money doesn't impress him.

Soul Glow's picture

Oh great.  SO what you're saying is Trump wants low rates so the banking houses can continue to plunder the working class, raising "asset prices" and bettering the rich banker class, all the while funding war upon war so the corporations can continue to fucking ruin the world.

Go Trump!

tmosley's picture

No, peanut, that isn't what I am saying.

Mr. Universe's picture

Has anyone else noticed that the White House leaks have slowed to a trickle?

Soul Glow's picture

It was Priebus come on.  

Bes's picture

it's because there is nothing to talk about

he ain't doing shit

except help Goldman and the MIC

Got The Wrong No's picture

Is that you NiskPeeOnMe????

DWD-MOVIE's picture

I’m making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do… http://disq.us/url?url=http%3A%2F%2Fwww.jobproplan.com%3A68UoF1LgzM-Yo3S...

LibertarianMenace's picture

I'm glad Bes pretends he's not a proggie. Pretending is a start, not much of one, but we'll take what we can get. shareblue starting to see things our way? Very good.

Zer0head's picture

Trump is of course right, but after today's tweets about Mexico and Sheriff Clarke's book  as Houston was drowning he better hope that the forecasters have it wrong and Harvey heads south and keeps going or this is going eclipse Bush's heck of a job Brownie moment by  orders of magnitude

Soul Glow's picture

Nobody knows what you're saying because you're a poor writer though.  You are smart, we have known that for almost a decade, but you can't write for shit.  SO basically - from our pespective - it's like you are at the bar eating peanuts blathering about emotions and shit while the rest of us are pointing things out in a logical manner.

tmosley's picture

No, you don't know what I am saying because you suffer from cognitive blindness. You are literally unable to see the words in my posts, hence your utterly nonsensical replies.

You will respond with anger.

Bes's picture

maybe Trump can start with his businesses....

American oligarchs sold out american workers with the help of Chinese oligarchs and slave labor

and Trump jumped on the train. 

hahaha

#maga

tmosley's picture

Corporations do whatever makes the most money. They can be sued by their shareholders for failing to do so. Trump is addressing this by making it so that they can't profit from offshoring, and can profit from making things in America.

Question is, will you be able to comprehend any of that? Or are you too emotionally invested in your anti-Trump fervor?

Bes's picture

hahaha!

and i suppose you were born yesterday.

that's not what he is doing.

the oligarchs had to destroy the middle class, and the unions that created it first. 

those factories only come back when we become the slave labor dumbass.

tmosley's picture

The unions didn't create the middle class. Capital as a lever on labor created the middle class.

You think China allows unions? Of course not! Yet their middle class is blooming all the same.

LibertarianMenace's picture

Well, that didn't last long: Bes IS a proggie. Too bad. All that imagined wisdom, but history has recorded proggie results: Castles don't float in the sky. Sad.

Bes's picture

-weekends

-end to child labor

-overtime pay

-minimum wage

-safe working conditions

-benefits

-termination protections

all brought to you by unions. errr  progressives....

(not by big business)

unless you think we should take Jimmy out of school, put him in a sweatshop, pay him 5cents a day, 7 days a week until he gets dismembered, dies, or gets fired for piping up......?

Kidbuck's picture

Child labor was ended to lower adult unemployment. Most children could benefit from more labor.

All unions do is raise costs and lower productivity by eliminatimg competition.

LibertarianMenace's picture

Kidbuck is on the right track, as a brief web search will attest. You are wrong. Again.

HRClinton's picture

What builds the Middle Class of any civilization or country, is the widespread ability to earn a living wage and a touch more as Disposable Income (to splurge a little) - on a prolonged basis (20-35 years).

Newsboy's picture

It's funny how all the tarriffs against China, and sanctions against Russia and North Korea, and the failure of US missile-destroyers, and North Korean missile and nuke testing are all running together. It's like we can't divide-and-screw any more. Fire Tillerson!

chubbar's picture

If Trump ever does "grow a pair", I hope he declares Antifa a domestic terrorist organization. Those fucking assholes are deserving of a HUGE beatdown.

crazzziecanuck's picture

Trade war with China is largely pointless now.  They won.  When you have an Arkansas governor fawning all over a Chinese CEO who is bringing a crappy Adidas factory in his state, you know who wears the pants in the relationship.

rbianco3's picture

Time to cash out- before China does.

The writing is on the wall

the cork's picture

What a limp dick. That's your best shot?

Bwa-ha-ha-ha-ha-ha what a Loser.

karenm's picture

Nice fairy tale, enough with the theater, get on with your war already.

Your system is crumbling and you know it, so get on with the cover story for the collapse

SMG's picture

We've been in a trade war for the last 40 years and we've been losing badly.

Oldwood's picture

No, no, no.

Simply ignore reality, numbers, math and shit and repeat after me, WE ARE WINNING!

The way we ignore not only war but that our ass is handed to us daily is by proclaiming our loss as a victory. There are many many economists who firmly believe we are winning by buy those crazy Chinese goods at giveaway prices. They say "we don't need no stinking jobs", as we have credit and the almighty irresistible dollar.

Offthebeach's picture

Verbs are the most import part of language.   You unload bales of hay.  You load the trunk of your car.

You didn't  ( if you did ) "unload" dollars.  You traded them......for?

DEMIZEN's picture

there is no free christmas decor.

Proctologist's picture

Good for him. Let's see some squid ink from the vampire squid in distress.

order66's picture

It's going to take someone a lot more skilled than Trump to end globalism.

3/5 years of lame duck. What a tool.

AtATrESICI's picture

You are an expert on tools for sure.

junction's picture

Trump is running out of people to fire.  Next, it will be "Bring me the head of Jared Kushner!"

Offthebeach's picture

When, at the beginning of the US involvement in WWII,  General Marshall had a private meeting with FDR. ( FDR had in WWI been Secretary of the Navy )  Marshall said he needed to relive/fire/retire.......HALF the Army officer corps.  They were too old, too slow and most importantly were not mentally prepared for the new military reality.  FDR, agreed and gave Marshal a free hand.

Corporate cucks are not leaders.  They are hired help and most good at gaming the corporatist system.  If they were truly leaders, visionary, risk takers, disrupters, they would have their own companys, named after them like Trump.  But they don't,  and never will.  

SRV's picture

I know I'm talking to a pro T basher, what do you suggest... Hillary, Bush?

Oh, and FU

the cork's picture

The TOOL is up your ass libturd.

Learn to like it.

LetThemEatRand's picture

"Hey everyone, listen to what I'm saying and pay no attention to what I do."  - DT.

I guess Trump's team told him again what people want to hear, so we're hearing it again.  But he's only 9 months into his Presidency, right?  Any day now, he'll start delivering and ignoring the Goldman cabinet he selected and hasn't fired yet.

bigkahuna's picture

The obvious you point out has somehow escaped the barn and is on the run even right now.

I believe those who recognize war when they see it know - the rest of our burger flipping, football watching, paycheck to paycheck, SJW fool, sedentary bretheren are really several layers of clueless.

tmosley's picture

Effective people get hired. Disloyal people are shown the door.

This shouldn't be that hard for people to understand. GS and other Wall Street banks have vacuumed up all the smartest people on the planet. In another generation, those people would have been scientists, but we lost the focus on science and allowed the money to accumulate with the financials. So there they went. 

Recall Napoleon's rule for talent allocation.

malek's picture

Almost.
We -and especially those smartest people hired by GS and other Wall Street banks- lost the focus on *morals*.

Someone really smart would, at least around age 35, realize what he's been doing at GS etc. isn't really smart from a moral perspective and would have quit.
Didn't happen except in minuscule numbers.