Haines Says Report of U.S. Pullout From WTO Is 'Noise'

The transcript discusses the importance of distinguishing between noise and news in media reporting. It highlights the US administration's strategy of using the WTO to form coalitions against non-transparent market practices, particularly in China. The speaker critiques certain news reports, emphasizing that they may not reflect the administration's actual intentions, as confirmed by Secretary Mnuchin.

What does the speaker mean by 'noise' in the context of news reporting?

In what way does the speaker believe the administration's strategy is being misrepresented?