Read twice and referred to the Committee on Commerce, Science, and Transportation. (text: CR S2897)
The Truth in Tariffs Act requires sellers to display, clearly and conspicuously, the portion of a good's price attributable to a "tariff surcharge" for certain tariffs. It exempts small businesses, is enforced by the Federal Trade Commission as an unfair or deceptive practice, allows FTC rulemaking, and applies only to tariffs imposed on an emergency or other discretionary basis by the President that entered into force on or after January 20, 2025.
Left emphasizes consumer accountability and transparency benefits.
Relative to its intended legislative type, this bill creates a clear substantive obligation enforced through existing FTC authorities and reasonably integrates with some existing statutes, but it leaves significant operational and fiscal detail unspecified.
The Truth in Tariffs Act requires sellers to display, clearly and conspicuously, the portion of a good's price attributable to a "tariff surcharge" for certain tariffs.
It exempts small businesses, is enforced by the Federal Trade Commission as an unfair or deceptive practice, allows FTC rulemaking, and applies only to tariffs imposed on an emergency or other discretionary basis by the President that entered into force on or after January 20, 2025.
The requirement begins 30 days after enactment.
Technically modest, administrable proposal but subject to partisan scrutiny tied to presidential tariff authority and possible legal or political opposition.
Relative to its intended legislative type, this bill creates a clear substantive obligation enforced through existing FTC authorities and reasonably integrates with some existing statutes, but it leaves significant operational and fiscal detail unspecified.
Left emphasizes consumer accountability and transparency benefits.
These are examples from the analysis, not a ranked list of the most-affected groups.
Left emphasizes consumer accountability and transparency benefits.
Likely supportive: this bill increases consumer transparency about the price effects of President-imposed tariffs.
It aligns with values of accountability for policy-driven price increases and consumer protection, though impact on supply chains and enforcement details matter.
Moderately favorable: transparency is reasonable, and the small business exemption reduces burdens.
Concerns focus on implementation clarity, compliance costs, and potential unintended effects on pricing presentation.
Likely skeptical or opposed: views this as federal micromanagement of pricing and a potential political tool against presidential trade actions.
Concerns include regulatory overreach, burdens on commerce, and harm to trade policy flexibility.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Technically modest, administrable proposal but subject to partisan scrutiny tied to presidential tariff authority and possible legal or political opposition.
The bill has not accumulated any surfaced votes yet.
Left emphasizes consumer accountability and transparency benefits.
Technically modest, administrable proposal but subject to partisan scrutiny tied to presidential tariff authority and possible legal or pol…
Relative to its intended legislative type, this bill creates a clear substantive obligation enforced through existing FTC authorities and reasonably integrates with some existing statutes, but it leaves significant oper…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.