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Trade adjustment assistance (TAA) "is a federal program that provides a path for employment growth and opportunity through aid to US workers who have lost their jobs as a result of foreign trade. The TAA program seeks to provide these trade-affected workers with opportunities to obtain the skills, resources, and support they need to become reemployed. The program benefits and services that are available to individual workers are administered by the states through agreements between the Secretary of Labor and each state Governor. Program eligibility, technical assistance, and oversight are provided by the US Department of Labor's Employment and Training Administration's Office of Trade Adjustment Assistance," according to theUnited States Department of Labor.^[1]

In order to receive assistance, "A petition must be filed with the US Department of Labor by or on behalf of a group of workers who have lost or may lose their jobs or experienced a reduction in wages as a result of foreign trade. After the Department of Labor investigates the facts behind the petition, it applies statutory criteria to determine whether foreign trade was an important cause of the threatened or actual job loss or wage reduction. If the Department grants the petition to certify the worker group, individual workers in the group may apply to their State Workforce Agency for TAA benefits and services."^[1]

See also

• U.S. Department of Labor
• Trade promotion authority (TPA)
• Investor-State Dispute Settlement (ISDS)
• Currency manipulation
• The Trans-Pacific Partnership trade deal: An overview
• The Transatlantic Trade and Investment Partnership

Footnotes

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