Obama Signs TPA, TAA-Preferences Bills, Kicking Off Implementation

President Obama on June 29 signed into law a bill renewing Trade Promotion Authority (TPA), along with legislation reauthorizing Trade Adjustment Assistance (TAA) and U.S. trade preference programs, starting the clock for the administration to take certain actions required under both bills. In particular, the TPA law requires the Office of the U.S. Trade Representative to develop four different sets of written guidelines within 120 days of enactment, which would be the end of October. These guidelines would lay out...