US to reverse decision of designating China as currency manipulator

A report published by Bloomberg reveals that the Trump administration has decided to reverse its decision of designating China as a currency manipulator. The Trump administration had decided to designate China as a currency manipulator in August 2019. Bloomberg also reported that the reversal could take place before the two countries sign an interim trade deal.

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Trump administration plans to lift currency-manipulator label against China, report says | Markets Insider

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US to reverse decision of designating China as currency manipulator

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