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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 two countries, along with Canada, have shared free trade agreements for more than three decades.
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Bryan Mena, CNN, 7 Feb. 2025
Will there be many foreign multinationals willing to build factories in Mexico, now that the same U.S. president who re-negotiated and signed the 2020 U.S.-Mexico-Canada free trade agreement has threatened to effectively nix it?
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Andres Oppenheimer, Miami Herald, 4 Feb. 2025
In recent years, Canada has signed major free trade agreements, including the Comprehensive Economic and Trade Agreement (CETA) with the EU and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which includes Japan, Australia, and other Pacific nations.
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David Faris, Newsweek, 3 Feb. 2025
The tariffs represent a massive shift in U.S. trade policy with Canada and Mexico that has been focused on free trade since the early 1990s.
—
Joseph Wilkinson, New York Daily News, 2 Feb. 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 10 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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