Trump Tariff Transparency Act

This bill requires the Administrator of the Small Business Administration (SBA) to produce and publicly release quarterly reports detailing the financial impact of certain tariffs. These reports, developed in consultation with the Director of the Bureau of Economic Analysis , will specifically focus on the average aggregate cost of tariffs imposed after January 20, 2025 . The primary aim is to quantify the burden of these tariffs on both consumers and small business concerns . The initial report is due within 90 days of the bill's enactment, with subsequent reports issued quarterly. Furthermore, the final quarterly report for each calendar year must include the total annual cost of these tariffs to the specified groups.