Trade Agreement Act China

The Trade Agreements Act (TAA) was created to promote fair international trade with certain designated countries. Companies that work with foreign-made products or services need to know which companies are limited to comply with the TAA and GSA. The U.S. government was required to procure only products and services manufactured in the United States or finished products from TAA-dependent countries. However, the TAA does not limit foreign trade outside the scope of federal procurement. This means that you cannot freely sell TAA-compliant products in the commercial market. The Trade Agreements Act was passed to regulate trade agreements between the United States and abroad. One of the main features of the law is that it limits U.S. government purchases to products or products made in the U.S.

in certain countries.