Members of the U.S. Congress are lining up to support the Trade Reform, Accountability, Development and Employment (TRADE) Act, which has 106 initial sponsors from both political parties. The legislation would make sweeping changes in U.S. trade policy, including renegotiation of free trade agreements (FTAs) to ensure national security, product safety, human rights and environmental protection. The proposed act also has provisions on currency manipulation, sweat shops and Buy American requirements. Versions of the TRADE Act include Senate bill S.3083 and House bill H.R.6180. To track the bills’ progress, visit www.house.gov or www.senate.gov.
U.S. Congress revisiting trade agreements
Industry News | October 1, 2009 | By: ATA
You might also like...
EU pauses countermeasures on U.S. tariffs for 90 days
ARA spearheads effort to establish event-specific NAICS code
H-2B visa limit reached, supplemental visas available for application
President Trump pauses most tariffs for 90 days, increases tariffs on Chinese imports
Tariffs on imports to the U.S. begin, affecting multiple countries