Demystifying the Trade Agreements Act (TAA): A Comprehensive Guide and Key Considerations
The Trade Agreements Act (TAA) is an international trade legal framework aimed at establishing a fair and beneficial trading environment among countries. One of its main objectives is to reduce or eliminate tariffs, which is the most well-known aspect of the TAA. However, despite the TAA’s aim to lower tariffs and promote fair trade, tariff disparities still exist between different countries.