Trade Agreements Act
The Trade Agreements Act (TAA) is a U.S. law that governs the procurement of goods and services by federal agencies. It aims to promote fair trade practices by ensuring that only products from countries that have trade agreements with the U.S. are eligible for government contracts. This helps to create a level playing field for international trade.
The TAA is part of a broader effort to comply with international trade agreements, such as those established by the World Trade Organization (WTO). By adhering to these agreements, the U.S. seeks to enhance economic cooperation and reduce trade barriers with partner nations.