Topic: Mou

1 chapters across the catalog

GND-MOU-ROI
Episode 1116 2:08:55 - 2:12:06

1116: GND-MOU-ROI

US-China Trade Negotiations, Trump Rejects "MOU" Terminology

During a televised meeting with his negotiating team, President Donald Trump expressed his dislike for the term "Memorandum of Understanding" (MOU), arguing it lacks legal weight. Despite negotiator Robert Lighthizer's explanation that an MOU is a binding contract in trade law, Trump ordered that all future documents be referred to as "Trade Agreements" to signify a final, binding deal.