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
The trade deficit widened by £2.2 billion ($2.8 billion) to £13.8 billion in the three months to January, roughly in line with the quarterly deficits across last year.
—
Andrew Atkinson, Fortune Europe, 13 Mar. 2024
That’s the largest annual decline in the trade deficit since 2009.
—Elisabeth Buchwald, CNN, 7 Feb. 2024
And our trade deficit with China is down to the lowest point in over a decade.
—USA TODAY, 8 Mar. 2024
In January, the trade deficit increased, to $89 billion, as American exports were lower than December and year-earlier figures.
—Don Lee, Los Angeles Times, 7 Mar. 2024
Africa’s trade deficit with China jumped 14% from $46.9 billion in 2022 to $64 billion last year.
—Milton Ezrati, Forbes, 22 Feb. 2024
Trump would surely intensify economic competition with China, albeit with a focus on cutting the bilateral trade deficit and onshoring critical supply chains.
—Peter D. Feaver, Foreign Affairs, 19 Feb. 2024
The United States’ trade deficit with China narrowed significantly last year, with goods imports from the country dropping 20 percent to $427.2 billion, the data shows.
—Simon Romero, New York Times, 7 Feb. 2024
The trade deficit hit record levels during the Trump Administration, half of that with China.
—Tom Zirpoli, Baltimore Sun, 9 Jan. 2024
Andrew Atkinson, Fortune Europe, 13 Mar. 2024
That’s the largest annual decline in the trade deficit since 2009.
—Elisabeth Buchwald, CNN, 7 Feb. 2024
And our trade deficit with China is down to the lowest point in over a decade.
—USA TODAY, 8 Mar. 2024
In January, the trade deficit increased, to $89 billion, as American exports were lower than December and year-earlier figures.
—Don Lee, Los Angeles Times, 7 Mar. 2024
Africa’s trade deficit with China jumped 14% from $46.9 billion in 2022 to $64 billion last year.
—Milton Ezrati, Forbes, 22 Feb. 2024
Trump would surely intensify economic competition with China, albeit with a focus on cutting the bilateral trade deficit and onshoring critical supply chains.
—Peter D. Feaver, Foreign Affairs, 19 Feb. 2024
The United States’ trade deficit with China narrowed significantly last year, with goods imports from the country dropping 20 percent to $427.2 billion, the data shows.
—Simon Romero, New York Times, 7 Feb. 2024
The trade deficit hit record levels during the Trump Administration, half of that with China.
—Tom Zirpoli, Baltimore Sun, 9 Jan. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'trade deficit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Trade deficit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20deficit. Accessed 23 Apr. 2024.
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