trade gap
noun
British, finance
: a situation in which a country buys more from other countries than it sells to other countries : the amount of money by which a country's imports are greater than its exports
Examples of trade gap in a Sentence
Recent Examples on the Web
Tariffs are aimed at raising revenue, bringing foreign countries to the negotiating table, narrowing the trade gap and restoring American manufacturing.
—
David Goldman, CNN, 24 Feb. 2025
The question remains whether the recent energy partnership can help bridge the wider trade gap that has been a source of friction between Washington and New Delhi.
— CNBC’s Michael Bloom contributed reporting.
—Ganesh Rao, CNBC, 20 Feb. 2025
But tariffs haven’t proven successful at narrowing the trade gap: Despite the Trump-Biden import taxes, the deficit rose last year to $918 billion, second-highest on record.
—Christopher Rugaber, Chicago Tribune, 15 Feb. 2025
Some would address national security concerns while others would be aimed at closing the U.S. trade gap with other nations, BMO Capital Markets wrote in a note to clients.
—Paul Davidson, USA TODAY, 6 Feb. 2025
Trump is imprecisely talking about the trade gap, the difference between what America exports and imports.
—Cnn.com, The Mercury News, 3 Feb. 2025
That trade gap widened significantly in the 1990s as globalization accelerated, the American economy boomed and consumers and businesses purchased more from abroad.
—Alicia Wallace, CNN, 16 Jan. 2025
Despite the upswing in apparel and textile imports, the U.S. actually narrowed its overall trade gap in October by nearly 12 percent, to $73.8 billion, from the previous month, according to the U.S. Commerce Department’s Bureau of Economic Analysis (BEA).
—Kate Nishimura, Sourcing Journal, 3 Sep. 2019
The economy picked up sharply in the second quarter, as a rise in consumer and business spending offset a drop in housing construction and a widening trade gap.
—Paul Davidson, USA TODAY, 31 July 2024
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David Goldman, CNN, 24 Feb. 2025
The question remains whether the recent energy partnership can help bridge the wider trade gap that has been a source of friction between Washington and New Delhi.
— CNBC’s Michael Bloom contributed reporting.
—Ganesh Rao, CNBC, 20 Feb. 2025
But tariffs haven’t proven successful at narrowing the trade gap: Despite the Trump-Biden import taxes, the deficit rose last year to $918 billion, second-highest on record.
—Christopher Rugaber, Chicago Tribune, 15 Feb. 2025
Some would address national security concerns while others would be aimed at closing the U.S. trade gap with other nations, BMO Capital Markets wrote in a note to clients.
—Paul Davidson, USA TODAY, 6 Feb. 2025
Trump is imprecisely talking about the trade gap, the difference between what America exports and imports.
—Cnn.com, The Mercury News, 3 Feb. 2025
That trade gap widened significantly in the 1990s as globalization accelerated, the American economy boomed and consumers and businesses purchased more from abroad.
—Alicia Wallace, CNN, 16 Jan. 2025
Despite the upswing in apparel and textile imports, the U.S. actually narrowed its overall trade gap in October by nearly 12 percent, to $73.8 billion, from the previous month, according to the U.S. Commerce Department’s Bureau of Economic Analysis (BEA).
—Kate Nishimura, Sourcing Journal, 3 Sep. 2019
The economy picked up sharply in the second quarter, as a rise in consumer and business spending offset a drop in housing construction and a widening trade gap.
—Paul Davidson, USA TODAY, 31 July 2024
Cite this Entry
“Trade gap.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20gap. Accessed 13 Mar. 2025.
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