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SC
Salud O. Carbajal
Democrat·California

Carbajal Backs Bill to Require Trump Tariff Cost Transparency

U.S. Representative Salud Carbajal (D-CA-24) co-sponsored U.S. Representative Jamie Raskin’s (D-MD-08) Truth in Tariffs Act , which would require 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 give Americans full transparency on the hidden costs of tariffs. "Instead of delivering on his promise to lower costs for families, Trump is recklessly imposing new tariff taxes that will have the opposite effect," said Rep. Carbajal. "Families who carefully budget every dollar deserve to know how this Administration's trade policies are driving up prices. That's why I'm co-sponsoring Rep. Raskin’s bill to ensure large retailers provide full transparency on tariff costs—so families can make informed decisions." Under the Truth in Tariffs Act , Americans who are being asked to pay more for the products they need will have greater decision-making power at grocery stores, car dealerships, e-commerce marketplaces, and more. Furthermore, this legislation will protect consumers from price-gouging by ensuring that large retailers do not use President Trump’s chaotic tariffs rollout as an excuse to hike up prices even further.

Source: https://carbajal.house.gov/news/documentsingle.aspx?DocumentID=3283
Captured:
Record ID: 5a0fd599-7fc7-4246-8039-d4d83b1e6b1f

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