trade agreement

noun

1

: an international agreement on conditions of trade in goods and services

2

: an agreement resulting from collective bargaining

Example Sentences

Recent Examples on the Web

China has been so eager to revive the trade agreement with Europe that its ambassador to the European Union, Fu Cong, suggested earlier this month that the two sides simultaneously lift their respective sanctions. —David Pierson, New York Times, 21 Feb. 2023

BTW Canada just had the 28th member of the EU approve a trade agreement with them. —William Booth, Washington Post, 17 Feb. 2023

Of course, the most obvious way to get a trade agreement with Japan would simply be to rejoin the CPTPP. —Paul Sracic, CNN, 12 Jan. 2023

But each of the other administrations was in favor of at least some pro-growth policies, such as Reagan’s pro-growth tax reforms and deregulation or the Trans-Pacific Partnership trade agreement promoted by Obama. —Adam A. Millsap, Forbes, 26 Aug. 2022

The Biden administration wants to reach a narrow sectoral trade agreement with the Swiss pharmaceutical industry, the U.S. Ambassador to Switzerland told Blick am Sonntag. —Bryce Baschuk, Fortune, 26 June 2022

Eligibility for half of the credit is tied to buying a car with battery components made in North America and the other half depends on having a battery with minerals extracted in the U.S. or a country with a free-trade agreement with America. —The Editorial Board, WSJ, 5 Feb. 2023

The Mexican president, a longtime leftist icon popularly known as AMLO, has adopted nationalist energy policies that have triggered a major fight with his partners in the North American free-trade agreement. —Toluse Olorunnipa, Washington Post, 9 Jan. 2023

Lasso has previously noted that Ecuador is the only nation on the Western Hemisphere’s Pacific Coast that has no free-trade agreement with the US. —Eric Martin, Bloomberg.com, 20 Dec. 2022

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Word History

First Known Use

1749, in the meaning defined at sense 1