Tariff Cost Transparency: Quarterly Reports for Consumers and Small Businesses.
This legislation mandates the government to regularly publish reports detailing the total costs of tariffs imposed after January 20, 2025. These reports will specifically show how much these tariffs cost average consumers and small businesses. The goal is to increase financial transparency, allowing citizens to assess the direct impact of trade policy on their finances.
Key points
The government must publish quarterly data on the aggregate cost of tariffs for consumers and small businesses.
Reports cover tariffs introduced after January 20, 2025, ensuring transparency regarding their impact on household and business finances.
An annual report will summarize the total yearly cost of these tariffs for citizens and small enterprises.
Status:
Introduced
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