One of the mysteries of the English language finally explained.
The amount by which the cost of a country's imports exceeds the value of its exports.
- ‘Yet the trade deficit is a misleading gauge of the nation's economic health.’
- ‘If exports exceed imports, there is a trade surplus and if imports exceed exports, there is a trade deficit.’
- ‘It is not just a trade deficit as a result of imports growing faster than exports.’
- ‘In years long past the trade deficit would rise and fall with the value of the dollar in a natural rhythm.’
- ‘The higher trade deficit, which may emerge from rising crude oil prices, is also manageable.’
- ‘With a trade deficit of $1 billion a day, it was clear that the US was living beyond its means.’
- ‘The dollar has depreciated largely because of the size of the US trade deficit.’
- ‘Conversely, the trade deficit itself might be contributing to the productivity boom.’
- ‘Thus they ultimately contribute to growing budget and trade deficit and foreign debt.’
- ‘I know I should be really worried about the trade deficit and consumer debt.’
- ‘Despite a falling dollar, the U.S. trade deficit has continued to increase to new record levels.’
- ‘The trade deficit has been a thorn in the side of the U.S. economy for the past seven years.’
- ‘Just to define the terms a little bit, the trade deficit is the excess of our imports of goods over our exports of goods.’
- ‘Another is our exploding trade deficit and the rising export of American wealth overseas.’
- ‘He believes that as the trade deficit increases the dollar will continue to slide.’
- ‘The balance of payments deficit now includes a trade deficit, which was not the case forty years ago.’
- ‘Today, by contrast, the current account deficit is larger than the trade deficit.’
- ‘A bilateral trade deficit is what you spend with a particular trading partner, less what you earn from them.’
- ‘Here is a question, the American's run a huge trade deficit and the dollar is strong.’
- ‘I'm not at all worried about the budget or the dollar or the trade deficit or any of that stuff.’
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