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
Recent Examples on the Web
Between 1994 and 2023, North Korea accumulated a trade deficit with China of more than $20 billion.
—
Sungmin Cho, Foreign Affairs, 12 Nov. 2024
The tariffs had a smaller impact on the U.S. trade deficit with China than the latter's 2022 COVID-19 lockdowns, further evidence of their economic interdependence.
—David Kirton, USA TODAY, 24 Oct. 2024
However, Indian imports from China have surged 56% since the 2020 border clash, nearly doubling New Delhi’s trade deficit with Beijing to $85 billion.
—Reuters, NBC News, 22 Oct. 2024
Not only did the U.S. trade deficit soar to the highest level in two decades during the four years of his presidency, but his own trade deal, the USMCA, contributed to the quadrupling of the U.S. trade deficit with North American partners.
—Steven Tian, Fortune, 21 Oct. 2024
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Sungmin Cho, Foreign Affairs, 12 Nov. 2024
The tariffs had a smaller impact on the U.S. trade deficit with China than the latter's 2022 COVID-19 lockdowns, further evidence of their economic interdependence.
—David Kirton, USA TODAY, 24 Oct. 2024
However, Indian imports from China have surged 56% since the 2020 border clash, nearly doubling New Delhi’s trade deficit with Beijing to $85 billion.
—Reuters, NBC News, 22 Oct. 2024
Not only did the U.S. trade deficit soar to the highest level in two decades during the four years of his presidency, but his own trade deal, the USMCA, contributed to the quadrupling of the U.S. trade deficit with North American partners.
—Steven Tian, Fortune, 21 Oct. 2024
See all Example Sentences for trade deficit
Dictionary Entries Near trade deficit
Cite this Entry
“Trade deficit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20deficit. Accessed 21 Nov. 2024.
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