Bill Requires Big Retailers To List Tariffs Next To Prices

Via press release:

Today, Congressman Jamie Raskin (MD-08) introduced legislation to show Americans exactly how much of a dent the ‘Trump Tariffs’ are putting in their wallets. The Truth in Tariffs Act requires large retailers to clearly display the portion of an item’s price attributable to tariffs.

At a time of increasing economic chaos generated solely by President Trump, this bill will illuminate the hidden costs of tariffs and empower consumers to make informed decisions.

“President Trump has thrust our economy into turmoil, hiking up costs, roiling markets and leaving consumers and businesses reeling from the uncertainty and havoc wrought by his reckless Trump Tariffs,” said Rep. Raskin.

“President Trump’s universal tariffs constitute an effective national sales tax, which hurts working families the most. If the President and his government of billionaires are going to force American families to pay a lot more money for fewer available goods, the people have a right to know just how much of this new price burden stems directly from the President’s actions.”

Read the full article.

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