trade gap

noun

British, 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 gap in a Sentence

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The trade gap widened again in May after tariffs fell on Chinese goods and as foreign countries reduced their purchases of US exports. David Goldman, CNN Money, 7 July 2025 In a post on Truth Social, Trump blamed his predecessor for the jump in the trade gap, rather than the threat of tariffs. Matt Egan, CNN, 6 Mar. 2025 Over time, however, tariffs aren’t likely to meaningfully narrow the trade gap America has with other countries, economists argue. David Goldman, CNN Money, 7 July 2025 The nation's trade gap stands well below the $131 billion deficit recorded in January, the month Trump took office. Max Zahn, ABC News, 5 June 2025 Beijing would likely want to work toward closing the trade gap by buying high end American technology, much of which is now banned for sale there. Simone McCarthy, CNN Money, 22 May 2025 That offsets some of the trade gap in goods and puts the imbalance at 48 billion euros ($54 billion). Josh Boak, Los Angeles Times, 23 May 2025 All told, the first quarter’s yawning trade gap subtracted about 5 percentage points from economic growth. Paul Davidson, USA Today, 1 May 2025 The economy picked up sharply in the second quarter as a rise in consumer and business spending offset a drop in housing construction and a widening trade gap. Paul Davidson, USA TODAY, 25 July 2024

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“Trade gap.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20gap. Accessed 29 Jul. 2025.

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