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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Trump has honed in on a trade deficit with the bloc and called for the EU to buy more U.S. oil and gas. —

Laura Kelly, The Hill, 23 Jan. 2025 The United States’ largest trade deficit in 2023 was with China and came in at $279.4 billion, according to the U.S. Bureau of Economic Analysis. —

Francesca Chambers, USA TODAY, 21 Jan. 2025 His legacy will also include higher national debt, a wider trade deficit and steeper costs for housing, health care, higher education and child care. —

Alicia Wallace, CNN, 19 Jan. 2025 During Trump's first term, when imports fell, exports fell too, blunting the effect on the trade deficit. —

Felix Salmon, Axios, 3 Jan. 2025 See all Example Sentences for trade deficit