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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.
article Official text account_balance Process page
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
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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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.

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