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

Here is what economists are expecting: The U.S. trade deficit, which is the difference between U.S. exports and imports, is expected to have widened to $79.1 billion in July, up from $73.11 billion in June, according to Dow Jones consensus estimates. —Sarah Min, CNBC, 3 Sep. 2024

The practical-yet-precious commodity helped turn Canada’s trade deficit into a surprise surplus this summer. —Morgan Haefner, Quartz, 7 Aug. 2024

When Trump took office, in 2017, his foremost concern about China was the enormous U.S. trade deficit, and for the first time in U.S. history, the deficit, as well as China’s technological edge, was treated as a national security issue. —Wang Jisi, Foreign Affairs, 1 Aug. 2024

Yet the levies won’t notably cut the U.S. trade deficit as intended, Moody’s says. —Paul Davidson, USA TODAY, 20 June 2024