trade agreement

noun

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

But Lighthizer’s faction was on the outs for most of his early career, and especially so during the nineteen-nineties, when the critical trade agreements were conducted. —Benjamin Wallace-Wells, The New Yorker, 23 Jan. 2025

These companies may already have duty-free sourcing arrangements, utilize free trade zones, or leverage tariff exemptions through trade agreements. —Abdo Riani, Forbes, 18 Jan. 2025

For instance, embedding withdrawal penalties—such as the sanctions clauses the European Union installs in many trade agreements—can deter treaty abrogation. —Allison Carnegie, Foreign Affairs, 24 Dec. 2024

After 25 years of talks, the EU and five South American countries — Brazil, Argentina, Uruguay, Paraguay and, newly, Bolivia — signed a landmark trade agreement on Dec. 6, setting the stage for one of the world’s biggest free trade zones. —Sam Meredith, CNBC, 23 Dec. 2024

Word History

First Known Use

1749, in the meaning defined at sense 1