trade balance

noun

1. balance of trade.

Word History and Origins

Origin of trade balance¹

First recorded in 1925–30

Example Sentences

“But we are a maritime nation. So reconnecting with our roots as a maritime nation and improving our trade balance with other nations with whom we have trade agreements is part of the strategy.”

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The need to raise capital abroad would lessen, and the trade balance could improve.

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Introduce currency swings and retaliation by other countries into the mix, and the repercussions of Trump's bid to reset global trade balances are likely to prove hard to predict long after Wednesday's announcement.

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He is also set to introduce so-called reciprocal tariffs against individual countries based on their trade balance with the US.

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Hanoi also said it will lower tariffs on several US imports, including energy and cars, a move aimed at "improving trade balances".

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Related Words

• balance of payments