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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In addition to the efforts of Elon Musk and DOGE, the trade deficit is a key point of focus. Mike Patton, Forbes, 6 Mar. 2025 The trade deficit with China has been more than $200 billion for 20 years now, and Chinese retaliatory tariffs will offset some of the benefit of the new duties Trump assessed. Alex Fitzpatrick, Axios, 4 Mar. 2025 The trade deficit with Canada and Mexico has surged since the deal was reached, with Canada’s ballooning from $26 billion to $63 billion since 2019 and Mexico’s growing from $99 billion to $172 billion over the same time frame. Haisten Willis, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 28 Feb. 2025 After the Bretton Woods system The Bretton Woods system forced the Federal Reserve to continuously increase the money supply in the U.S., running a trade deficit to provide Europe its reserve currency needs. Victor Rosario, Sacramento Bee, 26 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 Mar. 2025.

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