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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Macron pushed back against this, arguing the trade deficit ignores Europe’s significant spending on digital services, which is often excluded from such calculations. Joseph Ataman, CNN, 9 Feb. 2025 The president did not specify which countries might be affected but emphasized his desire to work with Japan on reducing the U.S. trade deficit, which currently stands at about $68 billion. Amanda Castro, Newsweek, 7 Feb. 2025 According to the government agency, the trade deficit for goods and services grew by $133.5 billion from the year prior. Francesca Chambers, USA TODAY, 7 Feb. 2025 As Trump tries to upend the U.S. trade deficit, tariffs have become his go-to tool to bend foreign governments to his will. Vicki M. Young, Sourcing Journal, 5 Feb. 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 14 Feb. 2025.

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