trade deficit

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  • noun

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an excess of imports over exports

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References in periodicals archive ?
Trump had pledged both faster growth and lower trade deficits. But his impulse to achieve faster growth through government borrowing contributed to a wider trade gap.
Lopez identified addressing trade deficit with other countries among the challenges facing the export sector, as the country provides local products greater access to markets abroad.
I can run persistent trade deficits with restaurants because I run trade surpluses elsewhere.
Policies that aim to reduce trade deficits hinder trade and work against the potential gains from comparative advantage.
The US trade deficit increased to a near 9-1/2-year high in February, with both imports and exports rising to record highs in a sign of strong domestic and global demand.
3: Trump also promised that a burst of investment and productivity will rise in the future, following the tax bill; this, too, will lead to a widening of the trade deficit.
trade deficit widened slightly more than expected in December, and the bilateral trade deficit with China last year soared to a record high $295.5 billion.
Thus, particularly because imports currently exceed exports by such a large amount, the higher dollar price of imported goods will make the trade deficit larger, at least until exports start growing rapidly.
Add to the mix our seemingly lax trade agreement and trade law enforcement, some fundamentally bad agreements and a flawed negotiating approach and you end up with a $700 billion-plus trade deficit that is only getting worse.
The trade deficit has ballooned on rising oil prices and an explosion of imports from China.
trade deficit widened in April to a record $48.3 billion, as imports increased to a record $142.3 billion.
The ONS said the trends in the goods and total trade deficits was widening, something that will concern economists who have been expecting that the sharp pick-up in the world economy would boost exports and reduce the trade deficit.
Economic theory and experience weigh heavily in favor of the explanation that trade deficits are driven primarily by macroeconomic factors, in particular investment flows, and not by allegedly unfair trade barriers or declining industrial competitiveness.
When the United States was regularly running trade deficits during the nineteenth century, it was an economic subordinate of Great Britain.