trade gap
noun
British, 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 gap in a Sentence
Recent Examples on the Web
The economy picked up sharply in the second quarter, as a rise in consumer and business spending offset a drop in housing construction and a widening trade gap.
—
Paul Davidson, USA TODAY, 31 July 2024
That widened the trade gap and slowed economic growth overall.
—Paul Davidson, USA TODAY, 25 Apr. 2024
Instead of narrowing the trade gap, the tariffs have coincided with a widening of the U.S. trade deficit with China: by nearly 12 percent in 2018 (to $420 billion) and by about another eight percent in the first eight months of this year.
—Weijian Shan, Foreign Affairs, 8 Oct. 2019
With overall levels of transatlantic trade on a long-term upward trajectory, the widening trade gap in favor of the EU reflects a couple of trends that aren’t likely to go away anytime soon.
—Ryan Hogg, Fortune Europe, 22 May 2024
That narrowed the trade gap, adding to economic growth.
—Paul Davidson, USA TODAY, 25 Jan. 2024
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Paul Davidson, USA TODAY, 31 July 2024
That widened the trade gap and slowed economic growth overall.
—Paul Davidson, USA TODAY, 25 Apr. 2024
Instead of narrowing the trade gap, the tariffs have coincided with a widening of the U.S. trade deficit with China: by nearly 12 percent in 2018 (to $420 billion) and by about another eight percent in the first eight months of this year.
—Weijian Shan, Foreign Affairs, 8 Oct. 2019
With overall levels of transatlantic trade on a long-term upward trajectory, the widening trade gap in favor of the EU reflects a couple of trends that aren’t likely to go away anytime soon.
—Ryan Hogg, Fortune Europe, 22 May 2024
That narrowed the trade gap, adding to economic growth.
—Paul Davidson, USA TODAY, 25 Jan. 2024
Dictionary Entries Near trade gap
Cite this Entry
“Trade gap.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20gap. Accessed 16 Nov. 2024.
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