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free trade
noun
: trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue
Examples of free trade in a Sentence
Recent Examples on the Web
New think tanks and magazines explored the boundaries of what an America First conservatism might be: more combative about progressive values, more isolationist in foreign policy, more nationalist on immigration, and more open to government intervention to stem free trade.
—Benjamin Wallace-Wells, The New Yorker, 28 Oct. 2024
Trump's administration would roll back free trade agreements, and instead negotiate bilateral deals focused on U.S. agricultural and manufacturing interests.
—Axios, 14 Oct. 2024
Prosperity in a depopulating world will also depend on open economies: free trade in goods, services, and finance to counter the constraints that declining populations otherwise engender.
—Nicholas Eberstadt, Foreign Affairs, 10 Oct. 2024
Indeed, the United States in recent years has gradually retreated from its post-World War II role of promoting global free trade and lower tariffs.
—Sasha Rogelberg, Fortune, 27 Sep. 2024
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Word History
First Known Use
1766, in the meaning defined above
Dictionary Entries Near free trade
Cite this Entry
“Free trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20trade. Accessed 5 Nov. 2024.
Kids Definition
free trade
noun
: trade between nations without restrictions (as high taxes on imports)
More from Merriam-Webster on free trade
Thesaurus: All synonyms and antonyms for free trade
Britannica.com: Encyclopedia article about free trade
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