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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Experts said the trade war did little to mitigate the U.S. trade deficit or boost U.S. exports. Stephanie Yang, Los Angeles Times, 10 Dec. 2024 The trade deficit in goods and services was nearly $41 billion with Canada, and more than $162 billion with Mexico in 2023, according to U.S. Census Bureau figures. Paul Du Quenoy, Newsweek, 9 Dec. 2024 For the year, the trade deficit is up 12.3% compared to the same period in 2023. —Jeff Cox 5 Hours Ago Weekly jobless claims higher than forecast Joe Raedle | Getty Images Initial filings for unemployment benefits rose more than expected last week, the Labor Department reported Thursday. Lisa Kailai Han,sean Conlon, CNBC, 4 Dec. 2024 According to the United States Census Bureau, Vietnam now has the fourth largest trade deficit with the United States, behind China, Mexico, and the European Union. Cyrus Farivar, Forbes, 20 Nov. 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 22 Dec. 2024.

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