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.
DEFINITION of 'Trade'. A basic economic concept that involves multiple parties participating in the voluntary negotiation and then the exchange of one's goods and services for desired goods and services that someone else possesses.he advent of money as a medium of exchange has allowed trade to be conducted in a manner that is much simpler and effective compared to earlier forms of trade, such as bartering. In financial markets, trading also can mean performing a transaction that involves the selling and purchasing of a security.