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Trade Adjustment Assistance

   Also found in: Medical, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Trade Adjustment Assistance
1. A program of the U.S. Department of Labor providing financial assistance and employment retraining for persons who have lost jobs or suffered wage or hour reductions due to imports or outsourcing outside the United States.

2. A program of the U.S. Department of Commerce providing financial assistance for companies that have suffered hardship due to competition from cheaper imports. The assistance is intended to make these companies more competitive through diversifying products and other means.

3. A program of the U.S. Department of Agriculture providing payments to farmers who suffer reduced prices for their crops resulting from increased supply due to imports.


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President Obama also announced he was instructing the secretaries of Commerce and Labor to expedite consideration of additional tire worker assistance via the trade adjustment assistance program, which offers education, retraining and other aid to workers found to have been harmed by trade agreements and unfair trade practices.
COLUMN: MONEY BRIEFS Tyco may get assistance WASHINGTON - Employees of Tyco Safety Products in Westminster are among 4,000 workers from companies in 18 states who may seek federal trade adjustment assistance, the U.
1, 2008, and rejected COBRA coverage to reconsider and receive COBRA benefits; * extends COBRA continuation coverage periods for certain individuals receiving Trade Adjustment Assistance benefits or pension benefits from the Pension Benefit Guaranty Corp.
 
 
 
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