With tribes emerging in the relationship between US President Donald Trump and his trade representative Robert Lighthizer, an expert has expressed concerns that Trump would settle for an "inadequate" and "weak" deal with China.
The two sides were allegedly drafted six MOUs that would form the building blocks of a final deal, but Trump protested against the use of the term and claimed that "they do not matter." The lighthouse gave someone back and forth with his boss and chose to use " trade agreement "instead.
" I think the big question … is whether President Trump will override Robert Lighthizer and make an appointment as Lighthizer would be considered inadequate, so weak. I very much hope that he does not because Robert Lighthizer has done an excellent job running very hard, and when Lighthizer says we are not there yet, I take it very seriously, Ferguson told CNBC's "Closing Bell" on Wednesday.
"We saw just the other day the president has the power to overpower [Lighthizer] even in the terminology of the agreement … Robert Lighthizer had to quickly release that sentence and continue with the Trumpian language as a" trade agreement, "he added.