most-favored-nation

[ mohst-fey-verd-ney-shuhn ]

Phonetic (Standard)IPA

adjective

of or relating to the status, treatment, terms, etc., that are embodied in or conferred by a most-favored-nation clause.

most-favored-nation

Status in an international trading arrangement whereby agreements between two nations on tariffs are then extended to other nations. Every nation involved in such an arrangement will have most-favored-nation status. This policy is used, particularly by the United States, to lower tariffs, extend cooperative trading agreements, and protect nations from discriminatory treatment. Most-favored-nation agreements can also be used to apply economic pressure on nations by deliberately excluding them from international trade.

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Word History and Origins

Origin of most-favored-nation¹

First recorded in 1750–60

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Example Sentences

Examples have not been reviewed.

“For twenty years, Communist China has held permanent most-favored-nation status, which has supercharged the loss of American manufacturing jobs,” Mr. Cotton said.

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Barrack's princes said they could arrange to have the kingdom grant the discount to Haiti; all they needed was for Haiti to reciprocate by extending diplomatic relations and most-favored-nation status to Saudi Arabia.

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France said the EU also approved a declaration to the World Trade Organization to suspend the most-favored-nation clause for Russia that would withdraw its special treatment throughout the bloc.

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Zelenskyy’s office said he also suggested the U.S. consider imposing an embargo on all Russian goods and stripping Russia of its most-favored-nation trade status.

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In Washington, China worked tirelessly to weaken U.S. leverage over Beijing by obtaining permanent most-favored-nation trading status with America in 2000 and, a year later, joining the World Trade Organization.

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mostest most-favored-nation clause

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