free trade

noun

Definition of free trade

: 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

But as the first free trade pact between rich and poor countries, Nafta came to symbolize the collision of interests between blue collar workers on one hand and consumers, corporations, and geostrategic cooperation on the other. Greg Ip, WSJ, "Bush’s Economic Legacy, Little Appreciated Then, Reverberates Today," 3 Dec. 2018 The deal came into force in 2000 and was the first free trade pact between Europe and a Latin American country. Ana Swanson And Milan Schreuer, New York Times, "In Message to Trump, Europe and Mexico Announce Trade Pact," 21 Apr. 2018 In his first week in office, Trump withdrew the US from the huge free trade pact after criticizing it sharply as a bad deal for American workers on the campaign trail. Zeeshan Aleem, Vox, "Trump changed his mind on joining the TPP … again," 18 Apr. 2018 Despite their historical commitment to freer trade, not enough of them are sufficiently spooked yet by Trump's protectionist moves to muster the will to confront him. Tory Newmyer, Washington Post, "The Finance 202: Senate rebuke of Trump tariffs won't actually change anything," 12 July 2018 As with Brexit, an overwhelming majority of professional economists disagree with Trump’s blustery skepticism of free trade, even with allied neighbors. David Z. Morris, Fortune, "Brexit Has Already Slowed U.K. Growth by 2.1%, According to New Study," 23 June 2018 Courting Senators Trump last week met with 13 GOP senators who support free trade, seeking allies in an effort to end Corker’s effort. Laura Litvan, Bloomberg.com, "Trump Wins Fight Over Tariff Power in Senate," 12 June 2018 Flake, a traditional Republican who supports free trade, plans to take aim at Trump's protectionist policies in his Thursday floor speech. Dan Nowicki, azcentral, "Donald Trump blasts Jeff Flake: 'Let’s face it, he’s a Flake!'," 7 June 2018 White House Economic Council Director Larry Kudlow claimed the president is ultimately in favor of free trade, despite the president's arguably protectionist positions. Kathryn Watson, CBS News, "Trump's new economic adviser says it's possible China tariffs won't happen," 4 Apr. 2018

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.

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First Known Use of free trade

1766, in the meaning defined above

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Last Updated

11 Jan 2019

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The first known use of free trade was in 1766

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More Definitions for free trade

free trade

noun

English Language Learners Definition of free trade

: a system of trade between nations in which there are no special taxes placed on imports

More from Merriam-Webster on free trade

Britannica.com: Encyclopedia article about free trade

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