EU, U.S. Square Up for Trade Brawl

EU, U.S. Square Up for Trade Brawl

Jan.14 — The U.S. has dropped its label for China as a currency manipulator because it says enforceable commitments not to devalue the yuan have been made by China. It comes as the two nations get ready to sign a phase 1 trade deal tomorrow. But, the attention is shifting to a new brawl. EU trade chief Phil Hogan will be in Washington seeking to smooth tensions with the Trump administration after a turbulent year marred by the threat of tariffs. Bloomberg’s Maria Tadeo reports on “Bloomberg Markets: European Open.”

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