US plans to lift China's designation as currency manipulator: Reports

The US Treasury Department will take the step in a semi-annual report that will release soon, according to Bloomberg

Donald Trump
Donald Trump
Reuters
1 min read Last Updated : Jan 14 2020 | 2:28 AM IST
The United States is planning to lift its designation of China as a currency manipulator, Bloomberg reported on Monday, citing people familiar with the matter, as leaders of the two economies are set to sign a phase one trade deal this week. 

The US Treasury Department will take the step in a semi-annual report that will release soon, according to Bloomberg. 

Topics :US China trade talkscurrency manipulatorXi JinpingDonald TrumpUS China trade wars

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