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

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The United States’ goods trade deficit with China has ballooned since China was awarded PNTR by the U.S. in 2000 and joined the World Trade Organization in 2001. Laurent Belsie, The Christian Science Monitor, 15 Nov. 2024 Mexico’s trade deficit with China has almost doubled during this time, expanding from the equivalent of $65 billion in 2015 to over $110 billion at the start of this year. Milton Ezrati, Forbes, 26 Oct. 2024 Another dynamic pushing bond yields higher is concern over what happens to the national debt and trade deficit under a new presidential administration. Zev Fima, CNBC, 23 Oct. 2024 Between 1994 and 2023, North Korea accumulated a trade deficit with China of more than $20 billion. Sungmin Cho, Foreign Affairs, 12 Nov. 2024 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 29 Nov. 2024.

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