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CCTV-1:(Sang Baichuan)the United States is the world’s largest country in trade deficit in goods

作者:本文  来源:IIE  发布日期:2020-10-21

       Why does the United States unilaterally provoke Sino-US trade friction? The Trump administration’s explanation for this issue is to reduce the Sino-US trade deficit and protect US intellectual property rights. However, this kind of reasons are simply untenable in the face of facts, and many media outlets have exposed this lie. On April 7, Sang Baichuan, the dean of the Institute of International Economics of the University of International Business and Economics, pointed out in an interview with CCTV reporters that the United States is the world’s largest country in trade deficit in goods. This is actually the cost of the dollar as the world currency and maintenance hegemony.

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