Study on Tariff Impact on US Consumer and Business Costs
This act requires the Federal Reserve to study how tariffs imposed since 2017 affect the cost of goods and services for consumers and small businesses. The findings will be reported to Congress, potentially shedding light on why certain prices increase and how this impacts household budgets.
Key points
Federal Reserve to study how tariffs impact everyday product prices.
Report will help understand if tariffs increase living costs for families and small businesses.
Introduced
Citizen Poll