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