free trade

noun

: trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue

Examples of free trade in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The Trump administration recently hiked tariffs on Canada to a minimum of 35% –unless goods are compliant with the terms of the US-Mexico-Canada free trade agreement – escalating ongoing trade tensions with its northern neighbor. Lauren Kent, CNN Money, 14 Aug. 2025 Preserving the free trade pact will be critical for Canada and Mexico. Rob Gillies, Chicago Tribune, 5 Aug. 2025 The two countries have had a bilateral free trade deal for 20 years and the U.S. has maintained a trade surplus with Australia for decades. Chris Morris, Fortune, 24 July 2025 Its main purpose was to reduce tariffs and promote free trade. Antonia Hitchens, New Yorker, 21 July 2025 See All Example Sentences for free trade

Word History

First Known Use

1766, in the meaning defined above

Time Traveler
The first known use of free trade was in 1766

Browse Nearby Words

Cite this Entry

“Free trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20trade. Accessed 22 Aug. 2025.

Kids Definition

free trade

noun
: trade between nations without restrictions (as high taxes on imports)

More from Merriam-Webster on free trade

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!