How to Use trade deficit in a Sentence
trade deficit
noun-
And our trade deficit with China is down to the lowest point in over a decade.
— USA TODAY, 8 Mar. 2024 -
So the goal of his tariffs would be to eliminate the U.S. trade deficit.
— Paul Krugman, The Mercury News, 10 Sep. 2024 -
That’s the largest annual decline in the trade deficit since 2009.
— Elisabeth Buchwald, CNN, 7 Feb. 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 -
Yet the trade deficit increased and tariffs raised prices for consumers.
— WSJ, 30 June 2023 -
For starters, India has a huge and widening trade deficit with Russia.
— Mimansa Verma, Quartz, 11 May 2023 -
Trump said the goal was to shrink the U.S. trade deficit and bring back more manufacturing stateside.
— Zachary Halaschak, Washington Examiner, 8 June 2023 -
To rebalance the trade deficit, British merchants sold opium to the Chinese.
— Ro Khanna, Foreign Affairs, 20 Dec. 2022 -
America has a huge trade deficit and has been exporting its wealth.
— Dileep Rao, Forbes, 20 Apr. 2023 -
Japan recorded a trade deficit for the third straight fiscal year as the costs of energy and other imports rose and the yen remained weak.
— Yuri Kageyama, Fortune Asia, 17 Apr. 2024 -
The enormous trade deficit with China has become a flash point in U.S. politics.
— Ro Khanna, Foreign Affairs, 20 Dec. 2022 -
These forces also resulted in the country falling into a trade deficit in July 2022 for the first time in three decades.
— Prarthana Prakash, Fortune Europe, 8 Nov. 2023 -
Many, particularly on the right, bemoan the U.S. trade deficit and the supposedly terrible trade deals that the U.S. has agreed to over the years.
— John Gustavsson, National Review, 10 Sep. 2023 -
For instance, China could not have achieved its current $800 billion trade surplus in goods if the United States did not have a large trade deficit.
— Brad Setser, Foreign Affairs, 4 June 2024 -
That narrowed the trade deficit modestly and boosted overall growth.
— Paul Davidson, USA TODAY, 27 Apr. 2023 -
The trade deficit hit record levels during the Trump Administration, half of that with China.
— Tom Zirpoli, Baltimore Sun, 9 Jan. 2024 -
Ukraine’s trade deficit widened to $8.97 billion in the first five months of this year, Reuters reported, compared with a deficit of about $1 billion recorded during the same period a year ago.
— Marisa Iati, Washington Post, 16 July 2023 -
The law incorporated measures Khanna pushed for to help reduce the trade deficit with China.
— Francesca Chambers, USA TODAY, 19 Apr. 2024 -
The United States this week reported that its trade deficit had widened significantly in April to $74.6 billion.
— Keith Bradsher, New York Times, 7 June 2024 -
The Ministry of Finance said Thursday that the country ran a trade deficit of ¥3.5 trillion in January, equivalent to about $26 billion, a monthly record.
— Megumi Fujikawa, WSJ, 16 Feb. 2023 -
Trump also added some new false claims, such as his assertions that the US currently has its biggest budget deficit and its biggest trade deficit with China.
— Cnn.com, The Mercury News, 28 June 2024 -
The Japanese currency tumbled to a three-decade low last year as a significant trade deficit and widening interest-rate gap with the US weighed.
— Yumi Teso, Bloomberg.com, 19 May 2023 -
Trade had supported the economy the previous four quarters as exports outpaced imports and the trade deficit narrowed.
— Paul Davidson, USA TODAY, 27 July 2023 -
But studies have concluded that the trade deficit continued to grow, and U.S. companies primarily paid for the tariffs.
— Avery Lotz, Axios, 28 Sep. 2024 -
But that was due largely to a wider trade deficit and slower inventory restocking, while consumer demand remained robust.
— Jason Ma, Fortune, 5 May 2024 -
Proponents of the idea argue that making the dollar weaker against other currencies would make U.S. exports relatively cheaper, which would lead to a reduction in the trade deficit.
— Patrick Horan, National Review, 25 Apr. 2024 -
The practical-yet-precious commodity helped turn Canada’s trade deficit into a surprise surplus this summer.
— Morgan Haefner, Quartz, 7 Aug. 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 -
But Germany’s trade deficit with China has grown increasingly lopsided, a trend that worsened during the supply chain disruption caused by the coronavirus pandemic.
— Melissa Eddy, New York Times, 12 Apr. 2023 -
Scott estimates that the ensuing trade deficit cost the United States nearly four million jobs, most of them in manufacturing, which tended to be more heavily unionized than other industries.
— Dan Kaufman, The New Yorker, 28 Oct. 2023
Some of 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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