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the US is removing China from a list of countries it accuses of manipulating their currencies its happening just days before theyre expected to sign the first stage of a trade deal US President Donald Trump has long accused China of keeping the one at low levels to get an unfair trade advantage Alan Fisher is in Washington and tells us what this could mean for the trade war go back four years Donald Trump when he was campaigning to become president said that in his first day in the White House he would declare China to be a currency manipulator well he eventually got around to it but it was just five months ago now it really was a symbolic gesture it didnt really have much impact it could have opened China up to greater scrutiny from the International Monetary Fund but it didnt really happen this was at the height of Donald Trumps trade war youll remember he imposed tariffs on billions of dollars worth of Chinese goods he said that China was pouring billions of dollars in fees in
