Trade Adjustment Assistance Act

[AI summary unavailable — showing source text] Trade Adjustment Assistance Act - Revises the procedure for the determination of trade adjustment assistance under the Trade Expansion Act of 1962. Provides that applications for such assistance shall be filed with the President. Authorizes community representatives to make such applications. Removes the requirement that an alleged injury forming the basis of eligibility for such assistance be a result in major part of concessions granted under trade agreements. Provides that the Commissioners of the Tariff Commission voting for an affirmative injury determination shall also determine the amount of the increase in, or imposition of, any duty or other import restriction on an article which is necessary to prevent or remedy such injury. Authorizes the Commission to investigate any factors which in its judgment may be contributing to increased imports of the article under investigation. Provides that in the process of determining such adjustment assistance the Commission shall afford interested parties the opportunity to be present, to present evidence, and to be heard at such hearings. Provides that the Commission shall report to the President the determinations and other results of …