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The U.S. is removing China from its list of countries accused of currency manipulation, just before signing the first stage of a trade deal. President Trump previously accused China of keeping its currency low for trade advantage, and declared China a currency manipulator five months ago, which was largely symbolic and did not lead to significant consequences. The declaration was made at the peak of the trade war, during which Trump imposed tariffs on billions of dollars of Chinese goods, claiming China was unfairly benefitting from manipulative practices. The recent move may reflect a shift in diplomatic approach as trade discussions progress.