A trade deficit occurs when a country's imports of goods and services exceed its exports. For the U.S., this means that it is buying more from foreign countries than it is selling to them, leading to an outflow of domestic currency. This can indicate a strong domestic demand for foreign products, but it may also raise concerns about economic dependency and long-term sustainability. Additionally, persistent trade deficits can affect currency value and influence international relations.
Trade deficit
The US' trade deficit is a major concern as it directly affects the economy. This is the among the gauges used to judge the competitiveness of the US economy.
The US has a trade deficit with China. That means China sends the US goods worth worth more money than those the US sends China.
by 2004, the United States realized a record trade deficit of nearly $651 billion.
US
Trade deficit
The USA has a trade deficit.
The United States began experiencing a serious trade deficit.
The US' trade deficit is a major concern as it directly affects the economy. This is the among the gauges used to judge the competitiveness of the US economy.
The US has a trade deficit with China. That means China sends the US goods worth worth more money than those the US sends China.
by 2004, the United States realized a record trade deficit of nearly $651 billion.
foreign trade deficit
US
The United States has a high trade deficit with a number of countries. It has the highest trade deficit with China, at about 27 million dollars of debt.
Increase import from China
Yes it experienced a trade deficit but it was because it spent more on foreign import than it earned by selling exports
trade deficit occurs when? trade deficit occurs when?