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Tariff Transparency Act: Impact on Prices and Businesses

This act mandates an investigation into how tariffs on imports from Mexico and Canada affect product prices, such as food and fuel, and the situation of small businesses and farmers. The goal is to understand how these changes impact citizens' daily expenses and economic stability.
Key points
Investigation of the impact of tariffs on consumer prices, including food, energy, vehicles, and medicines.
Assessment of the consequences of retaliatory actions by Mexico and Canada on consumers, small businesses, and farmers.
Analysis of the impact of uncertainty related to tariff threats on business investments and job creation.
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Status: Introduced
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Additional Information
Print number: 119_S_959
Sponsor: Sen. Alsobrooks, Angela D. [D-MD]
Process start date: 2025-03-11