trade agreement

noun

|Updated on: 5 Jun 2018

Definition of trade agreement

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

2 : an agreement resulting from collective bargaining

Recent Examples of trade agreement from the Web

Brown railed against trade deals long before Trump did, and that will stand in contrast to Renacci's support in the House for trade agreements with Colombia, Panama and South Korea.

— stephen koff, cleveland.com, "Jim Renacci wins U.S. Senate primary, setting up challenge to Sherrod Brown in the fall," 8 May 2018
While the three countries are divided on a handful of Nafta provisions, including the trade agreement’s systems for resolving disputes, the autos question has dominated the talks because cars and auto parts are central to North American trade.

— siobhan hughes, WSJ, "U.S. Offers Compromise on Autos, Boosting Hopes for Nafta Deal," 13 Apr. 2018
Kiev and other cities in Ukraine have been riled by often violent street riots since late November 2013, when Yanukovych reneged on a trade agreement with EU and opted for closer ties with Moscow instead.

— Newsweek, "January 31 Issue," 31 Jan. 2018
Both Chile and Peru have concluded trade agreements with China, eliminating tariffs on their avocado exports.

— The Economist, "Lack of guacDroughts, storms and global demand tests America’s love affair with avocado," 25 Jan. 2018
Ensure the existence of strong intellectual property protections for life-science products, including biological drugs, in all new or renegotiated trade agreements.

— joe kennedy, STAT, "Strong action is needed to preserve the competitiveness of America’s life-science industries," 7 May 2018
Indeed, surveys show that Republican voters — who were once more supportive than Democrats of free-trade agreements — have turned sharply against such deals in recent years.

— New York Times, "Meet the Pro-Trade, Pro-Immigration Economist Running for Congress. As a Republican. In Ohio.," 6 May 2018
South Korea agreed to limit its exports to the United States as part of broader discussions involved in updating its bilateral trade agreement with the U.S. and was granted a permanent exemption.

— Time, "The White House Has Delayed Its Decision on Tariffs for Imports From the E.U., Canada and Mexico," 30 Apr. 2018
The future of the trade agreement between the United States, Canada and Mexico is being tested with talks under way in Montreal.

— eric d. lawrence, Detroit Free Press, "Ontario's Brad Duguid: 'Enlightened self-interest' will save NAFTA," 27 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'trade agreement.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of trade agreement

1749

in the meaning defined at sense 1

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