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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Kirby reportedly emphasized to Trump that by attracting a larger proportion of international traffic, this super-carrier would hike American competitiveness and reduce our overall trade deficit. Shawn Tully, Fortune, 17 Apr. 2026 One of them is, what is the direction in the US trade deficit in goods? Eleanor Mueller, semafor.com, 16 Apr. 2026 In his first attempt to impose global tariffs, the president last year invoked the 1977 International Emergency Economic Powers Act (IEEPA), using the law to declare America’s longstanding trade deficit a national emergency and to impose double-digit worldwide taxes on imports to combat it. Mae Anderson, Chicago Tribune, 11 Apr. 2026 The lengthy hearing centered on whether a 1974 law gives President Trump the power to impose the tariffs for 150 days without approval from Congress, based on the United States' trade deficit. Peter Charalambous, ABC News, 10 Apr. 2026 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 25 Apr. 2026.

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