H.R. 6888: Trump Tariff Transparency Act
Sponsor
Brittany Pettersen
Democrat · CO-7
Bill Progress
Latest Action · Dec 18, 2025
Referred to the House Committee on Small Business.
Put a public price tag on Trump's tariffs
Why it matters
Tariffs imposed since January 20, 2025 are already filtering into the price of what you buy, but no federal agency publishes a running tab of what they cost you. H.R. 6888 would require the Small Business Administration to publish that number within 90 days, then update it every quarter.
H.R. 6888, the Trump Tariff Transparency Act, doesn't add a single tariff or remove one. It's a disclosure bill. It hands the Small Business Administration one job: measure what tariffs imposed after January 20, 2025 are costing consumers and small businesses, and make that number public.
The clock is tight. The SBA would have to publish its first report within 90 days of the bill becoming law, working alongside the Bureau of Economic Analysis. After that, a fresh report drops every quarter.
Each report covers two groups: everyday consumers and small businesses. The bill leans on the standard federal definition of a small business rather than inventing a new one, so the same yardstick used across small-business law applies here.
The last report of each year carries extra weight. It has to tally the total annual cost of those tariffs. So you'd get both a quarter-by-quarter picture and a full-year total, all tied specifically to tariffs imposed after January 20, 2025.
H.R. 6888 Bill Summary
What H.R. 6888 actually does.
First cost report due within 90 days
The SBA would have to publish its first report no later than 90 days after the bill becomes law, putting an early federal estimate of tariff costs in front of the public fast.
A fresh report every quarter
After the first one, the SBA must publish a new report each quarter on the average aggregate cost of tariffs imposed after January 20, 2025, making it an ongoing tab rather than a one-time study.
Counts the cost to you and to small businesses
The reports focus on two groups: consumers and small businesses. The math is about household and small-business impact, not just broad national trade totals.
SBA teams up with the Bureau of Economic Analysis
The SBA Administrator must produce the reports in consultation with the Director of the Bureau of Economic Analysis, tying the estimates to a federal economic data agency.
Year-end report gives the full annual total
The final quarterly report of each calendar year has to include the total annual cost of those tariffs to consumers and small businesses, stacking a yearly figure on top of the quarterly updates.
Uses the existing federal small-business definition
Rather than create a new category, the bill points to the standard small-business definition already used across federal small-business law, keeping the reporting consistent with existing rules.
Who benefits from H.R. 6888?
Consumers watching prices rise
Anyone trying to figure out how much tariffs are adding to their costs would get a regular, official estimate of the average aggregate cost of tariffs imposed after January 20, 2025 instead of guessing from private studies.
Small business owners
Small businesses, as defined under existing federal law, would get quarterly data plus a total annual cost figure showing how much covered tariffs are hitting their bottom line.
Lawmakers and oversight staff
Congress and committee staff would have a recurring federal data stream, starting within 90 days and continuing every quarter, to monitor tariff effects on a fixed schedule.
Economists, journalists, and voters
Because the reports must be public, researchers and the press could cite a federal source on tariff costs rather than relying only on outside estimates.
Who is affected by H.R. 6888?
Small Business Administration
The SBA carries the workload, producing the first report within 90 days of enactment and then a new one every quarter.
Bureau of Economic Analysis
The Director of the Bureau of Economic Analysis would take on a required consulting role with the SBA on the tariff-cost reporting.
Consumers
Consumers are directly covered, since the reports must estimate the average aggregate cost of tariffs to them, including a total annual figure in each year's final report.
Small businesses
Companies that qualify as small businesses under existing federal law are directly included, with the reports estimating both quarterly impacts and total annual costs from tariffs imposed after January 20, 2025.
HR6888 Legislative Journey
House: Committee Action
Dec 18, 2025
Referred to the House Committee on Small Business.
About the Sponsor
Brittany Pettersen
Democrat, Colorado's 7th congressional district · 3 years in Congress
Committees: Financial Services
View full profile →
Cosponsors (2)
All 2 cosponsors are Democrats. Cosponsors represent 1 state: Michigan.
Committee Sponsors
Small Business Committee
1 of 24 committee members cosponsored
10 Democrats across this committee haven't cosponsored yet. Mobilize their constituents
H.R. 6888 Quick Facts
- Committee
- Small Business
- Chamber
- House
- Policy
- Commerce
- Introduced
- Dec 18, 2025
Referred to the House Committee on Small Business.
Dec 18, 2025
Official Sources
Official legislative page for the Trump Tariff Transparency Act, including text, status, and actions.
The bill assigns the SBA Administrator to produce the required tariff-cost reports.
The bill requires the SBA Administrator to consult with the Director of the Bureau of Economic Analysis.
SBA's official explanation of how small business status is defined, relevant to the bill's reference to small business concerns.
Official U.S. Code page for 15 U.S.C. 632, the statutory definition of small business concern incorporated by the bill.
Official federal trade data resource that may provide context for measuring tariff effects and import activity.
Official Census trade data portal relevant to public analysis of imports, exports, and tariff-related trade flows.
Official U.S. trade policy site with tariff and trade-action information relevant to the tariffs covered by the bill.
H.R. 6888 Common Questions
What would the Trump Tariff Transparency Act actually do?
It would require the Small Business Administration to publish a regular report estimating what tariffs imposed after January 20, 2025 cost consumers and small businesses. It's a disclosure bill, not a tariff change.
Does H.R. 6888 raise or repeal any tariffs?
No. The bill doesn't impose or remove a single tariff. It only requires the government to measure and publish what existing tariffs are costing people.
How soon would the first tariff cost report come out?
The SBA would have to publish its first report within 90 days of the bill becoming law, then update it every quarter after that.
Which tariffs would the reports cover?
Only tariffs imposed after January 20, 2025. The reports would estimate the average aggregate cost of those tariffs to consumers and small businesses.
Who would actually produce the reports?
The SBA Administrator would write them in consultation with the Director of the Bureau of Economic Analysis, the federal agency that compiles official economic data.
Would the public be able to see the numbers?
Yes. The bill says each report must be made publicly available, so economists, journalists, and voters could cite a federal source rather than private estimates.
What does the year-end report have to include?
The final report of each calendar year must add up the total annual cost of those tariffs to consumers and small businesses, on top of the quarterly figures.
Based on H.R. 6888 bill text
H.R. 6888 Bill Text
“To require the Administrator of the Small Business Administration to report on certain costs of tariffs, and for other purposes.”
Source: U.S. Government Publishing Office
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