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
Even at the lowest 10 percent level, the additional duties on small and least-developed countries would only disproportionately harm their ability to export to the U.S. market without significantly closing their trade gap or boosting tariff revenues, the agency said.
—
Jasmin Malik Chua, Sourcing Journal, 3 Sep. 2019
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, Twin Cities, 31 Mar. 2025
Tariffs aren’t likely to meaningfully narrow the trade gap America has with other countries.
—David Goldman, CNN, 11 Mar. 2025
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
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
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Jasmin Malik Chua, Sourcing Journal, 3 Sep. 2019
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, Twin Cities, 31 Mar. 2025
Tariffs aren’t likely to meaningfully narrow the trade gap America has with other countries.
—David Goldman, CNN, 11 Mar. 2025
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
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
Cite this Entry
“Trade gap.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20gap. Accessed 25 Apr. 2025.
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