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

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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

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“Trade gap.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20gap. Accessed 24 Mar. 2025.

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