Why This Matters
This bill requires sellers to clearly display the tariff costs included in product prices. It aims to help consumers understand how tariffs affect what they pay for goods.
If you shop in the U.S., you'll see how much tariffs add to the price of products.
Affects: Consumers buying goods in the United States, except for those from small businesses.
What changes is this bill making?
1. Sellers must show customers how much of a product's price comes from tariffs. 2. This requirement applies to most businesses but not small businesses. 3. The Federal Trade Commission will enforce these rules and handle violations. 4. The law takes effect 30 days after it is passed. 5. Covered tariffs are those set by the President after January 20, 2025.
Who is affected?
Consumers buying goods in the United States, except for those from small businesses.