1 trade agreement | Definition of trade agreement

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 tariff-slashing deal was billed as the EU’s largest-ever trade agreement when struck in June. Los Angeles Times, "France says Brazil leader lied, escalating Amazon dispute," 23 Aug. 2019 The trade agreement, which was agreed upon in June, has yet to be implemented. Maria Pasquini, PEOPLE.com, "Amazon Wildfire Crisis Linked to Meat Consumption: ‘These Forests Are Not Burned By Accident’," 23 Aug. 2019 Take the Trans-Pacific Partnership, a big free-trade agreement negotiated during the Obama administration among the US and Latin American and Asian nations — which many viewed as an overt counter to China’s growing economic power. Alex Ward, Vox, "Trade, defense, and Israel: 2020 Democrats’ foreign policy flashpoints," 27 June 2019 It was meant for a world in which much of global commerce wasn’t covered by trade agreements. Paul Wiseman, Time, "Trump Proposes Tariffs on $50 Billion in Chinese Electronics Imports," 5 Apr. 2018 It was meant for a world in which much of global commerce wasn't covered by trade agreements. Paul Wiseman, chicagotribune.com, "U.S. proposes tariffs on $50 billion in Chinese imports," 3 Apr. 2018 Accusing Chinese officials of not honoring the terms of a trade agreement, the president today announced a new 10% tariff on $300 billion of Chinese imports not already covered by previous rounds of tariffs. Oliver Staley, Quartz, "Trump announces a new 10% tariff on billions of dollars worth of Chinese imports," 1 Aug. 2019 In areas like labor protection, carbon emissions, drug prices, food inspection, and more, Warren’s would set tougher measures in her trade agreements. Christina Prignano, BostonGlobe.com, "Warren proposes major overhaul of US trade system to focus on workers and the environment, not corporations," 29 July 2019 China insists that the United States would cancel its ban on Chinese tech firm Huawei as part of a trade agreement, according to The Wall Street Journal. Anneken Tappe, CNN, "Dow futures are sliding and Boeing is to blame," 27 June 2019

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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More from Merriam-Webster on trade agreement

Britannica.com: Encyclopedia article about trade agreement