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Tariff Transparency: See How Much You Pay for Import Duties

New rules require sellers in the U.S. to clearly show what portion of a product's price is due to imposed tariffs. This will help citizens understand how tariffs affect the prices of goods they buy. Small businesses are exempt from this requirement.
Key points
Sellers must clearly display the tariff portion of a product's price to consumers.
The goal is to increase price transparency so consumers know how much they pay for tariffs.
The rules apply to tariffs imposed by the President on or after January 20, 2025.
Small businesses are exempt from the tariff disclosure requirement.
The Federal Trade Commission (FTC) will enforce these regulations.
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Status: Introduced
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Additional Information
Print number: 119_S_1741
Sponsor: Sen. Schumer, Charles E. [D-NY]
Process start date: 2025-05-13
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Truth in Tariffs Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1741.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-13.

What are the main provisions?

Key points include:

  • Sellers must clearly display the tariff portion of a product's price to consumers.
  • The goal is to increase price transparency so consumers know how much they pay for tariffs.
  • The rules apply to tariffs imposed by the President on or after January 20, 2025.
  • Small businesses are exempt from the tariff disclosure requirement.
  • The Federal Trade Commission (FTC) will enforce these regulations.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Schumer, Charles E. [D-NY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Taxes