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Commission

Refers to the Federal Trade Commission (FTC), a U.S. government agency that protects consumers and promotes competition.

Component

A part or ingredient that is sold to be included in a larger, finished product that consumers buy.

Final good

A product that is complete and ready for consumers to purchase and use, without needing any more assembly.

Planned tariff

An import tax or a change to an existing import tax that a high-ranking federal official (like the President or Secretary of Commerce) has publicly stated will be imposed.

Tariffed good

A product (whether a finished item, a component, or a good assembled in the U.S. using tariffed components) that is subject to a new or planned import tax since January 20, 2025.

Tariff-related shock date

A specific date where many new tariffs (at least 5 types) or a significant tariff increase (over 25 percentage points) were put in place or publicly announced within the prior 30 days.

Ultimate parent entity

The top-level company in a corporate structure that directly or indirectly controls other companies in the group, as defined by federal regulations.