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

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Equally, local business leaders and economists have been perplexed by the fact that the tariffs have been calculated on the back of a trade deficit that was skewed by the export of gold – the deficit is now a surplus. Mike O'Sullivan, Forbes.com, 7 Aug. 2025 The White House has said the rates were determined largely based on the trade deficit the U.S. has with those trading partners. Max Zahn, ABC News, 6 Aug. 2025 On Tuesday, the trade deficit for June comes out, providing an update on how much tariffs are impacting imports. Jason Ma, Fortune, 4 Aug. 2025 For countries with which the U.S. has a trade deficit, the new baseline rate is 15%, which will apply to around 40 countries. Miranda Jeyaretnam, Time, 1 Aug. 2025 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 Aug. 2025.

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