trade deficit

noun

finance

: a situation in which a country buys more from other countries than it sells to other countries : the amount of money by which a country's imports are greater than its exports

Examples of trade deficit in a Sentence

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Then comes the return of Donald Trump, who is threatening to use tariffs to reduce the U.S. trade deficit. —

Paolo Confino, Fortune Asia, 14 Jan. 2025 According to the United States Trade Representative, the country’s goods and services trade deficit with the E.U. was $131.3 billion in 2022. —

William Gavin, Quartz, 20 Dec. 2024 Kirsten Hillman, Canada's ambassador to Washington, pointed out that the U.S had a $75 billion trade deficit with Canada last year, with much of it coming from essential energy exports. —

Benedict Cosgrove, Newsweek, 18 Dec. 2024 The United States now has by far the largest trade deficit in history. —

Michael Pettis, Foreign Affairs, 27 Dec. 2024 See all Example Sentences for trade deficit

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“Trade deficit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20deficit. Accessed 23 Jan. 2025.

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