News analysis

Thaw in US-China trade ties, but American farmers stay cautious

Many prefer to await details of phase one trade agreement and its implementation

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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.

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A version of this article appeared in the print edition of The Straits Times on January 15, 2020, with the headline Thaw in US-China trade ties, but American farmers stay cautious. Subscribe