News analysis

US drops China's currency manipulator tag: Positive signals but American farmers stay cautious

PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

WASHINGTON - The US Treasury's move to take China off its list of currency manipulators, two days ahead of the signing of a Phase One trade deal, while largely symbolic, is being seen as indicative of a thaw in US-China trade ties.

At least it was early news of one aspect of the much-awaited deal, whose details remain unknown.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.