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

Finally, Syria’s long-term recovery will depend on reintegration into the global economy through trade agreements, regional partnerships, and diplomatic engagement. —Karam Shaar, Foreign Affairs, 20 Dec. 2024

For instance, in 2019 Trump touted a Phase 1 trade agreement with China as a big win for farmers because Beijing promised to sharply increase its purchase of US agricultural goods. —Matt Egan, CNN, 10 Dec. 2024

Thanks to decades of trade agreements between the North American neighbors, Mexico and Canada are particularly intertwined in U.S. auto production and energy output. —Alexis Simendinger, The Hill, 27 Nov. 2024

In 2020, Trump signed a new trade agreement with Mexico and Canada into law. —Amelia Lucas, CNBC, 26 Nov. 2024

Word History

First Known Use

1749, in the meaning defined at sense 1