trade agreement

noun

Definition of trade agreement

1 : an international agreement on conditions of trade in goods and services
2 : an agreement resulting from collective bargaining

Examples of trade agreement in a Sentence

Recent Examples on the Web The Brazilian leader made the remarks after the signing of a new trade agreement in Brazil that featured both Brazilian and U.S. officials, including White House national security adviser Robert O’Brien. Zachary Halaschak, Washington Examiner, "'From the heart': Bolsonaro endorses Trump's reelection bid," 20 Oct. 2020 In July, Scalia visited Columbus, Ohio, to take part in a panel discussion highlighting the benefits of the new U.S.-Mexico-Canada trade agreement. Eyal Press, The New Yorker, "Trump’s Labor Secretary Is a Wrecking Ball Aimed at Workers," 19 Oct. 2020 Prime Minister Boris Johnson said the U.K. will now get ready to split from the EU’s single market and customs union without a new trade agreement, while leaving the door open to more talks. Joe Mayes, Bloomberg.com, "Boris Johnson Says U.K. Is Now Preparing for No-Deal: Brexit Update," 16 Oct. 2020 With a limited trade agreement, the UK economy is due to bounce back with growth of 4.6% in 2021 before losing some momentum between 2022 and 2024, according to IFS and Citi projections. Julia Horowitz, CNN, "No Brexit trade deal could cost reeling UK economy $25 billion next year," 16 Oct. 2020 The divergence came to a head quickly, during the overhaul of NAFTA, which Lighthizer conducted at warp speed for a trade agreement. Lydia Depillis, ProPublica, "Robert Lighthizer Blew Up 60 Years of Trade Policy. Nobody Knows What Happens Next.," 13 Oct. 2020 Wu said his government would like to pursue a trade agreement with Washington. Michael Schuman, The Atlantic, "Taiwan Is the Next Front in the U.S.-China Standoff," 10 Oct. 2020 The European Union will press China to aim for climate neutrality by 2060 or eventually face punitive carbon tariffs during a summit on Monday (14 September) aimed at concluding a bilateral trade agreement by the end of the year. Andrew Stuttaford, National Review, "The Capital Note: Debt, Windfalls, and Disaster," 14 Sep. 2020 Such as, for example, the negotiation of a U.K.-U.S. free-trade agreement. David Meyer, Fortune, "Brexit trade talks face bleak future as U.K. reportedly plans to undermine existing agreement," 7 Sep. 2020

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.

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First Known Use of trade agreement

1749, in the meaning defined at sense 1

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The first known use of trade agreement was in 1749

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Last Updated

28 Oct 2020

Cite this Entry

“Trade agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20agreement. Accessed 28 Oct. 2020.

More from Merriam-Webster on trade agreement

Britannica.com: Encyclopedia article about trade agreement

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