May 8, 2025 4:48pm EDT
Democrats trying to force retailers to display cost of Trump tariffs on products
The legislation comes after Amazon walked back a similar proposal
By Louis Casiano FOXBusiness
Democrats planned to introduce a bill Thursday requiring retailers to display product cost increases to customers caused by President Donald Trump's tariff policies.
Rep. Jamie Raskin, D-Md., said he would introduce the Truth in Tariffs Act.
"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."
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.
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https://www.foxbusiness.com/politics/democrats-trying-force-retailers-display-cost-trump-tariffs-products