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An Uncertain Future for U.S. Trade Preferences Programs

This is a joint post with Kaci Farrell.

Here we are in the final days of a congressional session, so it must be time to extend whichever trade preference programs are set to expire. This year, the 111th Congress must act (soon!) to extend the Generalized System of Preferences (GSP) program and the Andean Trade Promotion and Drug Eradication Act (ATPDEA). Important parts of the Trade Adjustment Assistance (TAA) program, which provides benefits and services to American workers who lose their jobs due to trade, is also set to expire at the end of 2010.