Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues [October 30, 2007] [open pdf - 71KB]
"Although free trade provides benefits to all trading partners, reducing barriers to trade forces firms and workers in all countries to adjust to stiffer global competition. For some, the adjustment process can be difficult and Congress, in recognizing this problem, has authorized three programs to assist trade-impacted firms, farmers, and workers. This report focuses on the trade adjustment assistance (TAA) program for firms, which provides technical assistance to help them develop strategies to remain competitive in the changing international economy. The TAA for firms program was reauthorized through FY2007 at $16 million per year and extended on a pro rated basis through December 2007 by P.L. 110-89. This report will be updated periodically."
CRS Report for Congress, RS20210