Bill requires stores to show tariff costs on price tags—but exempts small businesses.
H.R. 3306 — Truth in Tariffs Act · Filed by Jamie Raskin (D-MD) · 33 cosponsors · Introduced May 8, 2025 · Referred to committee
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What it does
This bill requires most sellers to display to consumers the portion of a product's price attributable to tariffs imposed by the President since January 20, 2025—a 'tariff surcharge' label. Small businesses are exempt. The FTC enforces compliance as an unfair or deceptive practice, with penalties under existing FTC authority. The requirement takes effect 30 days after enactment.
Why we flagged it
The bill's operative mechanism is a mandatory disclosure requirement—sellers must label tariff-driven price increases. This is a transparency/consumer-protection measure, not a tariff policy change or trade regulation.
What the text implies
- Disclosure requirement may prompt retailers to lobby for tariff relief or pass-through pricing, indirectly politicizing tariff policy by making tariff costs visible to voters.
- Small business exemption creates a two-tier disclosure system; consumers buying from small retailers will not see tariff surcharges, potentially creating information asymmetry.
- FTC enforcement depends on agency resources and political will; under a pro-tariff administration, enforcement may be lax, undermining the transparency goal.
- Sellers may comply by displaying tariff surcharges in ways that obscure rather than clarify (e.g., fine print, aggregated disclosures), requiring FTC rulemaking to define 'clear and conspicuous.'
Section numbers refer to the bill text the analysis read — linked under Primary records below.
Who it affects
Consumers gain transparency about tariff-driven price increases, enabling informed purchasing decisions and public awareness of tariff costs. The disclosure requirement imposes compliance costs on large retailers but does not restrict consumer rights or access to goods.
Named in the bill
Federal Trade Commission (FTC), Small Business Administration (SBA), President (tariff authority), Retail sector, Consumer goods manufacturers
Where it stands
33 cosponsors: 33 Democrats.
- May 8, 2025 — Introduced · Congress.gov: “Introduced in House”
- May 8, 2025 — Referred to House Committee on Energy and Commerce · Congress.gov: “Referred to the House Committee on Energy and Commerce”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (2,065 characters) on Aug 31, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,222 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-10-20.
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