Definition of trade gap in US English:

trade gap


  • another term for trade deficit
    • ‘America needs capital inflows to offset its widening trade gap and to fund the gap between government spending and taxes.’
    • ‘Thus, this process may well be expected to widen the trade gap, unless the currency first reacts by falling far enough to offset the relative price shifts.’
    • ‘Foreign trade seemed less of a problem in August when the trade gap narrowed.’
    • ‘But even with increasing weakness in exports, the trade gap has narrowed since last autumn.’
    • ‘In March the trade gap stood at $43.5 billion, not far from the record deficit of $44.9 billion in December of last year.’
    • ‘If anything, the trade gap would continue to balloon if undelivered goods were factored in to port data.’
    • ‘The trade gap got enlarged to $26.53 billion from $14.27 billion.’
    • ‘The hope is that a weaker dollar, by making imports more expensive at home and U.S. exports cheaper abroad, will close the trade gap and stop jobs from going overseas.’
    • ‘After adjusting for prices, the growing trade gap subtracted six-tenths of a percentage point from economic growth last year.’
    • ‘But while imports have boomed, exports have grown far more slowly than anyone expected, contributing to the biggest trade gap in history.’
    • ‘At the moment, the U.S. is growing faster than many of its trading partners in Europe and Japan, so imports are rising faster than exports, and the trade gap is growing.’
    • ‘Economists have also claimed that ending deficit spending by the federal government would eliminate the trade gap.’
    • ‘That's a key vulnerability for future U.S. growth, especially since America will have to find the funds to finance both an exploding budget deficit and a record trade gap.’
    • ‘America's last experience with a cheap dollar shows how persistent the auto trade gap is.’
    • ‘China, which sends one-third of its exports to America, accounts for 26% of the U.S. trade gap.’
    • ‘The trade gap is currently about $660 billion.’
    • ‘The trade gap widened in the second quarter in part because U.S. companies ordered imports in anticipation of a longshoremen strike.’
    • ‘Pressure from currency markets makes fixing the trade gap a delicate task’
    • ‘Because of the role of the dollar as a world currency, it can finance its trade gap through the inflow of foreign investment.’
    • ‘The irony of the U.S.'s growing dependence on imports is that, at least for now, the nation is benefiting from the import-oriented shrinking in the trade gap, which is adding to overall growth.’


trade gap

/ˈtrād ˌɡap/