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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His tariffs were not based on the import taxes charged by other countries but by the size of each trade deficit, a calculation that instantly discredited the policy with many economists and investors. Time, 10 Apr. 2025 The president said the EU is taking advantage of the U.S. through its reliance on American defense spending via NATO and because of the trade deficit. Raja Krishnamoorthi, MSNBC Newsweek, 9 Apr. 2025 The difference results in a trade imbalance with a trade deficit for the U.S. and a trade surplus for China. Maria Francis, USA Today, 9 Apr. 2025 Navarro singled out America’s trade deficit in goods, which hit $1.2 trillion in 2024 — its highest level on record, according to official US data. Anna Cooban, CNN Money, 8 Apr. 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 15 Apr. 2025.

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