Bill > S1741

This bill requires businesses (with an exemption for small businesses) to clearly display the portion of a product's price that is attributable to certain tariffs, which must be labeled as a "tariff surcharge" when selling to consumers in the United States. Specifically, the bill applies to tariffs imposed by the President on an emergency or discretionary basis that take effect on or after January 20, 2025. The Federal Trade Commission (FTC) will be responsible for enforcing this transparency requirement, treating any violations as unfair or deceptive practices under existing consumer protection laws. The FTC is authorized to create regulations to implement the bill, and businesses that fail to comply could face penalties similar to those outlined in the Federal Trade Commission Act. The goal of the legislation is to provide consumers with more transparency about how tariffs impact the prices of goods they purchase, allowing them to understand the direct financial effect of trade policies on their purchases.

Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/senate-bill/1741/all-info