Fliesenschneider Test Fliesenschneider Test + Testsieger + Preisvergleich Two countries participate in bilateral agreements. The two countries agree to ease trade restrictions to expand trade opportunities between them. They reduce tariffs and give each other privileged commercial status. The point of friction usually focuses on important domestic industries protected or subsidized by the state. For most countries, it is in the automotive, oil or food industry. The Obama administration negotiated the world`s largest bilateral agreement, the Transatlantic Trade and Investment Partnership with the European Union, which occurs when one country imposes trade restrictions and no other country responds. A country can also unilaterally ease trade restrictions, but this rarely happens. This would put the country at a competitive disadvantage. .