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Balance of trade
(redirected from U.S. trade deficit)

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.

BALANCE OF TRADE, Com. law. The difference between the exports and importations, between two countries. The balance of trade is against that country which has imported more than it has exported, for which it is debtor to the other country.


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Lawmakers accuse China of holding down the value of the yuan to spur exports, contributing to a U.
When Japan had a huge bilateral trade surplus with the United States in the 1980s, the United States also pressed Japan to push up the yen exchange rate in the same belief as now that a higher exchange rate for its trading partner would shrink the U.
Recent data, however, has resulted in the dollar favoring a downside bias, with the U.
 
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