Democrats are introducing legislation that will require retailers to disclose any price increases related to the tariffs imposed by President Donald Trump.
Rep. Jamie Raskin, D-Md., and Senate Minority Leader Chuck Schumer, D-N.Y., said Thursday they will introduce the “Truth in Tariffs Act,” which would require large retailers to clearly display the portion of an item’s price attributable to tariffs.
With Republican majorities in both chambers of Congress, the bill is unlikely to pass, and Trump most likely would veto it.
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