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.
Trade, in general connotation, means the purchase and sales of commodities. In International Trade, purchase and sale are replaced by imports and exports. Balance of Trade is simply the difference between the value of exports and value of imports. Thus, the Balance of Trade denotes the differences of imports and exports of a merchandise of a country during the course of year. It indicates the value of exports and imports of the country in question.