Nayrouz Agency : China’s trade surplus with the United States narrowed last year to
around $295.8 billion in 2019, down 8.5 percent from the previous year’s
record $323.3 billion, official Chinese data showed Tuesday.
the world’s two biggest economies exchanged punitive tariffs in a
bruising trade war, the Trump administration branded China a currency
manipulator in August, accusing Beijing of devaluing its currency to
make exports more competitive.
The currency manipulator label is
now removed by the US Treasury in its semiannual currency report, which
had been delayed three months by the US administration until commitments
from China on currency could be secured.