1. Home
  2. |Insights
  3. |Stronger Dollar Pushes Trade Agreements Act Thresholds Down

Stronger Dollar Pushes Trade Agreements Act Thresholds Down

Client Alert | less than 1 min read | 12.17.15

On December 15, 2015, the U.S. Trade Representative published its biennial readjustment of the Trade Agreements Act thresholds expressed in "special drawing rights." The new dollar thresholds, effective for 2016-2017, will be approximately 6.4% lower than the current thresholds, going to $191,000 for most covered supply contracts and $7,358,000 for most covered construction contracts, with other adjusted thresholds applicable to certain free trade agreements.


Contacts

Insights

Client Alert | 3 min read | 02.11.26

California SB 947 ("No Robo Bosses Act"): New Proposed Guardrails on Use of Automated Decision Systems in Employer Discipline and Termination Decisions

Employers are increasingly relying on artificial intelligence and automated decision systems (ADS) in workplaces across California and the world as avenues to boost productivity or achieve cost savings. However, some state legislators have raised concerns about the lack of worker protections and oversight in discipline and termination decisions made by ADS....