# Why the U.S. no longer considers China a currency manipulator

> The US Treasury removed China from its currency manipulator list just two days before the phase one trade deal signing. The yuan had weakened past 7 per dollar in August, and its level on removal was close to where it traded before the label was applied.

- Date: 2020-01-14 · published 2020-01-14T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/55315-why-the-u-s-no-longer-considers-china-a-currency-manipulator
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The removal reduces trade-tension risk around China's Phase One purchase commitments, supporting the outlook for US farm exports.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-15 | [China to consider US request to shift tariffs on farm goods - The Business Times](https://feedsoft.ai/events/59453-china-to-consider-us-request-to-shift-tariffs-on-farm-goods-the-business-times.md) | -2.0% | -11.6% |
| SOY | 2023-08-29 | [Amid Soybean Crunch, Argentina Loosens Foreign Currency Controls for Imports](https://feedsoft.ai/events/13955-amid-soybean-crunch-argentina-loosens-foreign-currency-controls-for-imports.md) | -3.3% | -6.6% |
| SOY | 2021-09-01 | [Argentine farmers consider grains strike over beef export cap
						 \| The Cattle Site](https://feedsoft.ai/events/44931-argentine-farmers-consider-grains-strike-over-beef-export-cap-the-cattle-site.md) | -2.2% | -1.2% |
| SOY | 2017-03-17 | [China’s new approach to corn \| World-grain.com \| March 17, 2017 19:08 \| World Grain](https://feedsoft.ai/events/71844-china-s-new-approach-to-corn-world-grain-com-march-17-2017-19-08-world-grain.md) | -1.0% | -4.6% |
| SOY | 2026-05-06 | [How long can soy oil prop up the soybean market?](https://feedsoft.ai/events/19356-how-long-can-soy-oil-prop-up-the-soybean-market.md) | +1.5% | -3.5% |
| CORN | 2019-04-15 | [China to consider US request to shift tariffs on farm goods - The Business Times](https://feedsoft.ai/events/59453-china-to-consider-us-request-to-shift-tariffs-on-farm-goods-the-business-times.md) | +0.4% | -2.5% |
| CORN | 2025-01-03 | [Sin Maíz, No Hay País: Why Mexico Must Act on the USMCA Corn Panel Ruling \| Wilson Center](https://feedsoft.ai/events/26474-sin-maiz-no-hay-pais-why-mexico-must-act-on-the-usmca-corn-panel-ruling-wilson.md) | -0.3% | +4.7% |
| CORN | 2019-08-23 | [Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers](https://feedsoft.ai/events/57448-trump-administration-may-consider-reallocating-biofuels-gallons-lost-to-small.md) | +1.8% | +1.4% |

## Sources

- axios.com: https://www.axios.com/2020/01/14/china-currency-manipulator-us-decision-trade-war

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.