Noun
trade deficit (plural trade deficits)
(economics) A negative balance of trade.
The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. Martin Feldstein
Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly. Martin Feldstein
Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit. Martin Feldstein
The more competitive value of the dollar turned around the trade deficit. Martin Feldstein
President Obama has weakened our military by weakening our economy. He's crippled us with wasteful spending, massive debt, low growth, a huge trade deficit and open borders. Donald Trump
The U. S. trade deficit with China shows that while we value the potential of their market, they value the reality of our market. It is in this area that we should use our leverage. Adam Schiff