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 American auto industry, which for decades has enjoyed free trade across the United States, Canada and Mexico, is working out how to adjust supply chains if the trade war continues, a potentially expensive prospect. Victoria Waldersee, USA TODAY, 13 Mar. 2025 Since free trade agreements in the 1990s, automakers and suppliers developed supply chains where parts and vehicles cross North American borders repeatedly. Bill Koenig, Forbes, 11 Mar. 2025 After 30 years of free trade policy, the economic data demonstrate that neither tariffs nor surging imports have ever significantly affected inflation. Andrew Rechenberg, Boston Herald, 11 Mar. 2025 In London, the realization that this was not a temporary crisis coincided with the coming to power of a party with a deep ideological commitment to free trade. Fintan O'Toole, The New Yorker, 10 Mar. 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

Browse Nearby Words

Cite this Entry

“Free trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20trade. Accessed 22 Apr. 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!