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Trade Chief Dumbs Down Contract Term After Donald Trump Doesn't Get It
Robert Lighthizer said a document will be called a "trade agreement" because "memorandum of understanding" didn't track for Trump.
America’s lead trade negotiator, Robert Lighthizer, had an awkward encounter with President Donald Trump in the Oval Office on Friday as he tried to calmly school him on legal terminology in front of reporters and a chuckling representative from China.
Lighthizer finally stopped trying, and instead deftly switched the term for the same document when he realized he wasn’t making any headway with the president.
It started when Trump was asked by a reporter how long “memorandums of understanding” being negotiated with China over trade disputes would last.
Trump shot back: “I don’t like MOUs because they don’t mean anything.”
Lighthizer calmly corrected the president, and turned to explain to reporters: “An MOU is a contract. It’s the way trade agreements are generally [established]. It’s an actual contract between the two parties. A memo of understanding is a binding agreement.”
He added: “It’s detailed, it covers everything. ... It’s a legal term; it’s a contract.”
“I disagree,” said a scowling Trump, causing top Chinese negotiator Vice Premier Liu He to laugh. “A memorandum of understanding is exactly that: It’s a memorandum of what our understanding is,” he said, circling his hands in the air. “How long will that take to put into a ... contract?”
In a flash, Lighthizer switched gears without breaking a sweat: “From now on we’re not using ‘memorandum of understanding’ anymore (sparking laughter from causing several people in the room). We’re going to use the term ‘trade agreement.’ We’ll have the same document; it’s going to be called a trade agreement. We’re never going to have an MOU again.”
Looks to me like the President gave them a lesson in the realities of business. Lessons that he learned trough years of dealing with slick property owners, contracts, and corrupt government officials.
HuffPo is a spin-doctor site
Almost as far Leftist as Maduro, and just as controlling!!
TM/YR/SC lap up and believe that stuff - anything for ideology!!
HuffPo is a spin-doctor site
Almost as far Leftist as Maduro, and just as controlling!!
TM/YR/SC lap up and believe that stuff - anything for ideology!!
HuffPo is a spin-doctor site
Almost as far Leftist as Maduro, and just as controlling!!
TM/YR/SC lap up and believe that stuff - anything for ideology!!
Absolutely. The video simply shows that Trump is trying to nail down terminology.
I seem to remember a recent administration going in circles over and over about terminology. Did we have a "memomradum of agreement", "a simple agreement", "a deal", or a "treaty" with Iran over their uranium?
These loose terms have caused major consternation along the years, but the politic elite love them because they get leeway as a result.
Nailing down the terms and making them stick while getting out of this nebulous status quo would seem to be a good effort. Dontcha think?
Typical Trump loyalist. It’s right there in front of your face but still don’t believe it.
HAHAHAHAHAHAHAH!! (hint — tap the little arrow and the picture will move.)
give em break...they're all suffering from cognitive dissonance....this has got to be torture. Lmao @ the art of the deal president. What an empty suit. How sad.
Let’s make him an offer he can’t understand! The great deal maker - HA!
give em break...they're all suffering from cognitive dissonance....this has got to be torture. Lmao @ the art of the deal president. What an empty suit. How sad.
