Dropped china from its list of currency manipulators at the same time washington is making headway in reducing its gaping trade deficit with china right before wednesdays scheduled signing of a phase one trade deal between the 2 countries. No obvious signs of enthusiasm on the chinese side vice premier the oha arriving tuesday to sign an interim deal that at 1st glance is more favorable to the u. S. Its an agreement thats already boosted u. S. Markets and stands to pacify American Farmers china will buy 80000000000. 00 more in American Goods like the soybeans and another 35000000000. 00 in Services Still theres more reason to smile of aging these days the economy is showing signs of life exports were strongly up in december for the 1st time in months oil imports are on the rise and significantly the u. S. Says it will stop labeling china a currency manipulator. A trade deal takes some pressure off china without digging too deep into stick here issues like intellectual property and tech