Democrat Congressman Jamie Raskin (MD-08) introduced the Truth in Tariffs Act requiring large retailers to clearly display the portion of an item’s price attributable to tariffs.
“If the President and his Cabinet of billionaires are forcing Americans to pay a lot more for consumer goods, the people have a right to know just how much. His tariff charge is basically a national sales tax and we always print the price of taxes on receipts,” Raskin wrote on X.
Senate Minority Leader Chuck Schumer, D-N.Y., said the tariffs were “eating away at Americans’ hard-earned money.”
“Americans deserve to know who’s picking their pockets,” he wrote. “My bill with @RepRaskin will make clear that Trump’s promise to lower costs on day 1 was fiction – all for a tariff policy that’s sending our economy into a tailspin.”
“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 in his press release.
“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.”
In response to the bill, the White House told FOX Business: “Democrats should’ve passed a bill to require retailers to display the costs of Joe Biden’s four-year long inflation crisis.”
The legislation comes after Amazon floated the idea of displaying the costs of tariffs before the e-commerce giant scrapped the plan.
The White House called the idea a “hostile and political act.”
“This is a hostile and political act by Amazon,” White House press secretary Karoline Leavitt said before Amazon decided not to move forward with the idea. “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?”
