Trump Tariff Transparency Act | ChamberLight

IN COMMITTEE· 119TH CONGRESS

House BillHR 6888Commerce

Trump Tariff Transparency Act

INTRO DEC 18· LAST ACTION DEC 18

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Passed Senate

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Became Law

WHAT THE BILL DOES

AI-written

This bill matters because it aims to provide clear, regular information about the financial impact of specific government trade policies on everyday Americans and small businesses. If it becomes law, voters would have access to official government reports detailing the monetary costs of tariffs imposed after a certain date, making it easier to understand how these policies affect their wallets and the economy.

Without this bill, such comprehensive, public, and regular reporting on these specific tariff costs might not happen, leaving the economic impact less transparent. It connects to real issues like the cost of living and the financial health of small businesses.

KEY PROVISIONS

3AI-extracted

PROVISION 01

Requires the Small Business Administration (SBA) to work with the Bureau of Economic Analysis (BEA) to publish reports.

This creates a formal process for tracking specific economic data by government agencies.

PROVISION 02

Mandates quarterly public reports on the average total cost of tariffs imposed after January 20, 2025.

This ensures regular and public disclosure of the financial impact of new tariffs on consumers and small businesses.

PROVISION 03

Specifies that the final quarterly report of each year must include the total annual cost of these tariffs.

This provides a comprehensive yearly summary of the financial burden, making the impact easier to grasp.

SPONSORSHIP

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ACTION TIMELINE

2 EVENTS

DEC 18

Introduced in House

INTROREFERRAL

DEC 18

Referred to the House Committee on Small Business.

HOUSE · INTROREFERRAL

BILL INFO

TypeHouse Bill

NumberHR 6888

Congress119th

StatusIn Committee

IntroducedDec 18, 2025

Last actionDec 18, 2025

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IN COMMITTEE· 119TH CONGRESS · SMALL BUSINESS COMMITTEE · INTRODUCED DEC 18, 2025

House BillHR 6888Commerce

Trump Tariff Transparency Act

INTRODUCED DEC 18, 2025· LAST ACTION DEC 18, 2025

PASSAGE CHANCES

—%

READING

1 min

COSPONSORS

COMPLEXITY

Moderate

Call my reps Congress.gov

LEGISLATIVE PROGRESS

STEP 2 OF 8

Introduced

In Committee

Reported

Passed House

Passed Senate

Conference

To President

Became Law

Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law

WHAT THE BILL DOES

AI-written

KEY PROVISIONS

AI-extracted

high

Requires the Small Business Administration (SBA) to work with the Bureau of Economic Analysis (BEA) to publish reports.

This creates a formal process for tracking specific economic data by government agencies.

high

Mandates quarterly public reports on the average total cost of tariffs imposed after January 20, 2025.

This ensures regular and public disclosure of the financial impact of new tariffs on consumers and small businesses.

med

Specifies that the final quarterly report of each year must include the total annual cost of these tariffs.

This provides a comprehensive yearly summary of the financial burden, making the impact easier to grasp.

DEADLINES & DATES

AI-extracted

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Not later than 90 days after the date of the enactment of this Act

First quarterly report due.

Quarterly thereafter

Subsequent quarterly reports due.

Annually, as part of the last quarterly report

Final quarterly report for a calendar year to include total annual cost.

GLOSSARY

AI-written

Tariff: A tax or duty to be paid on a particular class of imports or exports.
Small Business Administration (SBA): A U.S. government agency that supports entrepreneurs and small businesses.
Bureau of Economic Analysis (BEA): A U.S. government agency that produces economic statistics, including data on trade, GDP, and consumer spending.
Aggregate Cost: The total or combined cost of something.
Enactment Date: The date a bill officially becomes law.
Small Business Concern: A business that meets specific criteria regarding size (usually based on revenue or number of employees) to qualify for government programs and support.

ACTION TIMELINE

2 EVENTS

DEC 18, 25

Introduced in House

INTROREFERRAL

DEC 18, 25

Referred to the House Committee on Small Business.

INTROREFERRAL

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Dec 18, 2025

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Trump Tariff Transparency Act

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

SPONSORSHIP

ACTION TIMELINE

BILL INFO

READER REACTIONS

Discussion

Trump Tariff Transparency Act

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

DEADLINES & DATES

GLOSSARY

ACTION TIMELINE

SPONSORS

READER REACTIONS

What do you think?

Discussion

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