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Trump to remove China from currency manipulator list as trade deal finalized
[WASHINGTONEXAMINER] The Trump administration will reportedly stop labeling China as a currency manipulator as a goodwill gesture to Beijing.The decision, reported by the Wall Street Journal and CNBC, comes two days before Beijing officials are due in Washington to sign "phase one" of a trade deal with the United States. The White House official designated China as a currency manipulator in August. The White House claimed in mid-December that it had reached a deal with Beijing on currency as part of the "phase one" agreement, but did not divulge the specific details. The White House declined to comment, and a Treasury Department official could not be reached for comment. Posted by: Fred 2020-01-14 |
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