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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
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. 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. 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. 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. Courtenay Brown, Axios, 23 Jan. 2025 See all Example Sentences for free trade 

Word History

First Known Use

1766, in the meaning defined above

Time Traveler
The first known use of free trade was in 1766

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

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!