Trade agreements, such as NAFTA and TPP, shape global commerce by reducing barriers and promoting economic cooperation. These agreements influence trade flows, investments, and job creation across nations. Recent trends show a shift toward more regional trade pacts, impacting global supply chains and economic policies. Understanding the intricacies of these agreements is essential for businesses and policymakers navigating the evolving trade landscape. This article explores the key features of major trade agreements, their benefits, and the challenges they present in today’s economy.