Definition of trade gap in English:

trade gap

noun

  • another term for trade deficit
    • ‘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.’
    • ‘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.’
    • ‘But even with increasing weakness in exports, the trade gap has narrowed since last autumn.’
    • ‘America's last experience with a cheap dollar shows how persistent the auto trade gap is.’
    • ‘If anything, the trade gap would continue to balloon if undelivered goods were factored in to port data.’
    • ‘But while imports have boomed, exports have grown far more slowly than anyone expected, contributing to the biggest trade gap in history.’
    • ‘Because of the role of the dollar as a world currency, it can finance its trade gap through the inflow of foreign investment.’
    • ‘After adjusting for prices, the growing trade gap subtracted six-tenths of a percentage point from economic growth last year.’
    • ‘Foreign trade seemed less of a problem in August when the trade gap narrowed.’
    • ‘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.’
    • ‘America needs capital inflows to offset its widening trade gap and to fund the gap between government spending and taxes.’
    • ‘The trade gap got enlarged to $26.53 billion from $14.27 billion.’
    • ‘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.’
    • ‘Economists have also claimed that ending deficit spending by the federal government would eliminate the trade gap.’
    • ‘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.’
    • ‘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.’
    • ‘Pressure from currency markets makes fixing the trade gap a delicate task’
    • ‘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.’

Pronunciation:

trade gap

/ˈtrād ˌɡap/