Glossary

FTA (Free Trade Agreement)

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An FTA (Free Trade Agreement) is an agreement between two or more countries that minimizes barriers to and increases trade between the participating countries.

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What is an FTA (free trade agreement)?

An agreement between two or more countries designed to minimize barriers to trade and increase trade between the participating countries. FTAs typically allow companies to import products duty free or at a lower duty rate.


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Related Help Article

Duty Increases on Select Steel and Aluminum Products, March 2018

Related Glossary Terms

Foreign Trade Zone (FTZ)

Merchandise Processing Fee (MPF)

Duty

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