What does trade deficit mean?

Definitions for trade deficit
trade deficit

This dictionary definitions page includes all the possible meanings, example usage and translations of the word trade deficit.

Princeton's WordNet

  1. trade deficitnoun

    an excess of imports over exports

Wiktionary

  1. trade deficitnoun

    A negative balance of trade.

ChatGPT

  1. trade deficit

    A trade deficit is an economic measure of international trade where a country's imports exceed its exports. It is an economic situation that typically indicates a country is spending more on imported goods and services than it is earning from its exports. Also known as a negative balance of trade (BOT), a trade deficit can lead to job losses in industries impacted by foreign competition, but it can also indicate a strong economy that can afford to buy more than it sells.

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How to pronounce trade deficit?

How to say trade deficit in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of trade deficit in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of trade deficit in Pythagorean Numerology is: 5

Examples of trade deficit in a Sentence

  1. Joe Biden:

    China - the problem isn't the trade deficit, the problem is they're stealing our intellectual property. The problem is they're violating the WTO. They're dumping steel on us, and that's why you need to organize the world to take on China, to stop the corrupt practices that are under way.

  2. Nicholas Browne:

    U.S. LNG imports will reduce the trade deficit to an extent, while also helping Japan's politicians demonstrate they are doing their part.

  3. Alan Gayle:

    It was something of a one-two punch between the trade-deficit report and higher interest rates that began overseas.

  4. Michael Pillsbury:

    It's not good news for reducing the trade deficit or helping our economy recover from the coronavirus crisis.

  5. President Trump on Friday:

    We’re going to get these bad trade deals straightened out, the jobs and wealth have been stripped from our country, year after year, decade after decade, trade deficit upon trade deficit reaching more than $ 700 billion last year alone and lots of jobs.


Translations for trade deficit

From our Multilingual Translation Dictionary

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"trade deficit." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/trade+deficit>.

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