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

For instance, with the negotiations with Korea regarding the Korea-U.S. free-trade agreement. Fox News, "Trump escalates trade war tensions with tariff threat," 24 June 2018 Many businesses warn that failure to reach a free-trade agreement between Britain and the EU would be disastrous. Washington Post, "Johnson urges clean Brexit, 2 years after UK vote to quit EU," 23 June 2018 The Mexican campaign is taking place amid relentless criticism from President Trump, who has threatened repeatedly to pull out of the trade agreement, known as NAFTA. Dudley Althaus, San Antonio Express-News, "Appealing to populists, Lopez Obrador on verge of winning Mexico’s presidency," 22 June 2018 Trump’s announcement of the tariffs on Friday followed weeks of tense and ultimately unsuccessful negotiations towards a new trade agreement between the two countries. Chas Danner, Daily Intelligencer, "China Retaliates With New Tariffs as Trump’s Trade War Escalates," 16 June 2018 But Miller was adamant: too often U.S. trade agreements that were supposed to strengthen U.S. companies against China and other competitors just shifted jobs out of the U.S. and to our smaller allies — which doesn’t directly help Americans. Joseph N. Distefano, Philly.com, "An old trade warrior cheers for Trump," 4 June 2018 Politicians of all political stripes have avoided pushing back, and Canada has won exemptions for the system in several trade agreements, including Nafta and, most recently, a free-trade pact with Europe. Ian Austen, New York Times, "Trudeau’s Challenge: Managing Trump and Domestic Politics," 11 June 2018 There are good arguments for altering the U.S.’s trade agreements, but Trump’s tariffs, which have fed an embryonic trade war, were reckless and harmful. Alex Shephard, The New Republic, "Trump’s Big Trade War Bluff," 5 July 2018 These measures, which might contravene current international trade agreements, extend from a long history of protectionism, including the Boston Tea Party. Michael D. Breidenbach, The Atlantic, "Raising the American Flag Made in China," 4 July 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.

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First Known Use of trade agreement

1749, in the meaning defined at sense 1

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Last Updated

9 Oct 2018

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The first known use of trade agreement was in 1749

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