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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
The president did not offer further details on whether the 25% tariff would be applied across the board to all countries or whether cars manufactured in Mexico and Canada under a free trade agreement Trump signed during his first term would be spared.
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John Liu and Elisabeth Buchwald, CNN, 19 Feb. 2025
Nicaragua’s under-employment, currently at about 45% of the population, would jump to 55% if the country is suspended from the free trade agreement, Chamorro estimates.
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Andres Oppenheimer, Miami Herald, 18 Feb. 2025
The Joe Biden administration had reportedly rebuffed India’s interest in exploring a free trade agreement, Indian local media reported, citing the country’s commerce and industry minister.
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Anniek Bao, CNBC, 11 Feb. 2025
However, the conventional wisdom around the economic benefits of free trade and a more interconnected world became that for a reason — and risks abound.
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Courtenay Brown, Axios, 23 Jan. 2025
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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 22 Feb. 2025.
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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