: trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue
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Recent Examples of free trade from the Web
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Economists and free trade advocates have also balked at President Trump’s decision to impose tariffs on steel and aluminum tariffs.
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Congressman Connolly warns against ideological purity and orthodoxy, and says he has personally felt ostracized by more progressive members on one of his issues, free trade.
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Some had hoped that free trade voices inside the White House would prevail.
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The process of announcing the penalties has been the subject of an intense debate and chaotic exchanges within the White House, pitting hard-liners against free trade advocates such as outgoing economic adviser Gary Cohn.
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His resignation is a sign of defeat for the pro-free trade crowd, which includes many big business leaders, farmers and advocates of a more interconnected world.
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There's a real debate to be had over free trade and its effects on the American worker.
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The initial market reaction to Cohn's departure was negative, as the ex-Goldman Sachs executive was viewed as a pro-business and pro-free trade policy maker.
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What has really happened is that free trade agreements have benefitted the elite in all nations while leaving everyday citizens feeling unmoored.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'free trade.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of free trade
1766
FREE TRADE Defined for English Language Learners
free trade
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: a system of trade between nations in which there are no special taxes placed on imports
Learn More about free trade
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Britannica.com: Encyclopedia article about free trade
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