In most cases, the announcements seem at least loosely tied to the transition in the White House from Barack Obama to Donald Trump. Trump has promised to be the greatest jobs president God ever created, and he's renowned for using Twitter to shame companies that move U.S. jobs to other countries. He's also given high-profile plugs to companies when they say they will boost employment in the U.S.
Trade agreement. Trade agreement, any contractual arrangement between states concerning their trade relationships. Trade agreements may be bilateral or multilateralâthat is, between two states or more than two states. 1  For most countries international trade is regulated by unilateral barriers of several types, including tariffs, nontariff barriers, and outright prohibitions.
An exclusive economic zone is a sea zone prescribed by the United Nations Convention on the Law of the Sea over which a state has special rights regarding the exploration and use of marine resources, including energy production from water and wind. It stretches from the baseline out to 200 nautical miles from its coast. In colloquial usage, the term may include the continental shelf. The term does not include either the territorial sea or the continental shelf beyond the 200 nmi limit. The diffe