IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 Feb 2009 | Removal date: 31 Dec 2010
Still in force

Financial grant

Section 1864 of the American Recovery and Reinvestment Act of 2009, which is part of the Continuing Appropriations of the 2009 Appropriation Bill, contains amendments with respect to the Trade Adjustment Assistance (TAA) for Firms. The programme provides financial assistance to firms affected by import competition.

The section states that "direct loans or loan guarantees in the economic adjustment of a firm [will be replaced] with grants to or contracts with intermediary organization to provide benefits to such firms."

This adjustment of the TAA was in force until the end of 2010.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.