Original upload date: Sun, 24 Feb 2019 00:00:00 GMT
Archive date: Sun, 07 Nov 2021 17:15:22 GMT
US president Donald Trump has argued with his US trade chief during a televised trade meeting. When asked a question about trade talks with China, which have been taking place over the weekend, Donald
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Trump said he is against using memoranda of understanding [MOUs]. ‘I don't like MOUs because they don't mean anything. To me they don't mean anything,’ Trump said. Robert Lighthizer jumped in to explain that an ‘MOU is a contract … a binding agreement between two people’. To which a gruff Trump replied, ‘I disagree.' Lighthizer got the message, adding ’from now on we're not using the word Memorandum of Understanding anymore. We're going to use the term trade agreement, all right?’
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