1、 https:/crsreports.congress.gov Updated February 17, 2021Trade Adjustment Assistance for Workers (TAA)Overview and Program Rationale Reduced barriers to international trade are widely acknowledged to offer net benefits by expanding market access but may adversely affect domestic industries and worke
2、rs that face increased competition. Trade Adjustment Assistance for Workers (TAA) is designed to help trade-affected workers adjust to job loss resulting from increased foreign competition. The primary benefits under TAA are funding for retraining and weekly income support payments while affected wo
3、rkers are enrolled in training. Trade Adjustment Assistance Reauthorization Act of 2015 In June 2015, Congress enacted the Trade Adjustment Assistance Reauthorization Act of 2015 (TAARA; Title IV of P.L. 114-27). This law established a set of TAA eligibility and benefit provisions that are currently
4、 in effect and set to remain in place through June 30, 2021. TAARA further established sunset provisions that will take effect July 1, 2021. At that time, the program will revert to a more restrictive set of eligibility and benefit provisions for new program participants. This product focuses on the