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Bill

Bill

A 5759

Requires disclosure of portion of retail price attributable to tariffs.

2024-2025 Regular Session Introduced by Carmen Morales

New Jersey retailers must disclose what portion of product prices reflects tariffs, increasing consumer awareness of trade policy costs at point of sale.

Introduced in the Assembly, Referred to Assembly Consumer Affairs Committee
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Bill Summary · A 5759

Legislative bill overview

Bill A 5759 mandates that retailers disclose to consumers what portion of a product's retail price is attributable to tariffs. The bill applies to goods sold in New Jersey and requires this information to be provided at the point of sale or through clear labeling.

Why is this important

Tariffs increase the cost of imported goods, and these costs are typically passed to consumers without transparent breakdown. This bill aims to give consumers explicit information about tariff-related price increases, potentially informing purchasing decisions and public awareness of trade policy impacts.

Potential points of contention

  • Implementation burden: Retailers may argue the disclosure requirement creates administrative complexity, particularly for multi-sourced products where tariff allocations are difficult to calculate and track
  • Accuracy challenges: Determining the precise tariff portion of a retail price is technically complex when products involve supply chains across multiple countries with varying duty rates
  • Business sensitivity: Retailers may resist transparency that reveals profit margins or sourcing decisions, and suppliers may oppose disclosure of their tariff costs

Compiled from official sources — confirm details with the bill’s official record.

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