Section 1 Short title
This Act may be cited as the “Trump Tariff Transparency Act”
Trump Tariff Transparency Act
A BILL
To require the Administrator of the Small Business Administration to report on certain costs of tariffs, and for other purposes.
Sec. 2 Quarterly report on certain costs of tariffs
In general— Not later than 90 days after the date of the enactment of this Act, and quarterly thereafter, the Administrator of the Small Business Administration, in consultation with the Director of the Bureau of Economic Analysis, shall make publicly available a report on the average aggregate cost of tariffs imposed after January 20, 2025, to consumers and small business concerns (as defined in section 3 of the Small Business Act (15 U.S.C. 632)).
Final report— The final quarterly report required under subsection (a) for a calendar year shall include the total annual cost of such tariffs to consumers and small business concerns.