Trade Adjustment Assistance


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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.
References in periodicals archive ?
Trade adjustment assistance was introduced in the United States as part of the Trade Expansion Act of 1962, which supplanted the 1934 Reciprocal Trade Agreements Act (RTAA).
An examination of the distribution of Trade Adjustment Assistance certifications by two-digit SIC manufacturing industries for each region provides some insight into the disproportionate regional distribution of trade-related displacements.
I commend President Obama for strengthening our trade enforcement laws by signing Trade Promotion Authority and Trade Adjustment Assistance.
This is the third round of funding since 2009 under the Trade Adjustment Assistance (TAA) Community College and Career Training grant program, for a total of nearly $1.
may apply for federal Trade Adjustment Assistance, the U.
This Article examines the Trade Adjustment Assistance for Workers and Alternative Trade Adjustment Assistance programs (collectively referred to herein as TAA) administered by the U.
President Barack Obama on Friday signed into law the South Korea, Panama and Colombia free trade agreements, as well as the latest round of trade adjustment assistance for workers.
Bush--have been stalled primarily over disagreements tied to extending the Trade Adjustment Assistance (TAA) program that helps workers who lose their jobs to overseas competition.
say they have agreed on a "path forward" for considering free trade agreements with Colombia, Panama and South Korea, as well as renewing trade adjustment assistance, a program aimed at aiding workers whose jobs are lost to foreign competition.
The committee adopted resolutions on Community Development Block Grant funds and on reauthorization of the Trade Adjustment Assistance Act.
The funds are available under the Trade Adjustment Assistance (TAA) program from a reserve account established this year as part of a new way of allocating training funds to the states.
s Rockford Cabinet Plant, Rockford, IL, are eligible to apply for trade adjustment assistance.