On June 6th, MOFCOM released the Research Report on US Gains from the China-US Trade and Economic Cooperation, laying out the tangible benefits of China-US commercial cooperation to the two countries and two peoples and the gains of the US. The trade deficit with China results from both artificially-imposed restrictions, such as export control, and market forces. Multiple factors are at play, including industrial competitiveness, economic structure, trade policies, the position of the US dollar as reserve currency, etc. The US has not been taken advantage of.

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