price transparency

Businesses Label Tariff Costs on Receipts to Combat Price Hike Backlash

President Trump’s tariffs are forcing businesses to raise prices, prompting many to increase transparency with consumers. Retailers, from small bike shops to large online marketplaces like Temu and Shein, are openly displaying tariff-related surcharges to maintain customer trust amidst rising costs. This strategy, while potentially alienating some customers, aims to mitigate negative impacts by clearly attributing price increases to government policy. A recent survey reveals significant public awareness of tariff-driven price hikes and widespread support for businesses disclosing these costs.

Read More

Democrats Propose Bill to Display Trump Tariff Costs on Retail Items

Democrats are proposing a bill that would mandate retailers to clearly display the portion of a product’s price attributable to Trump-era tariffs. This initiative aims to provide consumers with greater transparency regarding the impact of these tariffs on their purchasing power. The idea is to make it undeniably clear how much more consumers are paying due to these specific trade policies.

The proposed legislation seeks to shift the burden of demonstrating the tariff’s effect directly onto retailers, forcing them to actively showcase this information on product labels or in other prominent locations. This, in theory, would make it far harder for retailers to simply absorb the added tariff cost and quietly raise their overall prices without being held accountable for the increase.… Continue reading

White House Calls Amazon’s Tariff Price Transparency a “Hostile Act”

The White House’s characterization of Amazon’s decision to transparently display tariff-related price increases as a “hostile act” is, frankly, baffling. The administration’s reaction seems disproportionate and reveals a discomfort with straightforward accountability. It suggests a preference for obfuscation over transparency, a strategy that ultimately undermines public trust.

This labeling of price transparency as a hostile act raises serious questions about the administration’s priorities. Is the goal to keep consumers unaware of the true cost of goods, potentially masking the economic impact of tariffs? This approach seems designed to shield the administration from criticism, preventing the public from directly connecting the tariffs to increased prices.… Continue reading

California says restaurants must bake all of their add-on fees into menu prices

As a consumer, I have always been frustrated with the deceptive practices of businesses that add on fees after the fact. The recent California law requiring restaurants to bake all of their add-on fees into menu prices is a welcome change in my opinion. The idea that the price you see is the price you pay seems like common sense to me. I have always felt blindsided by additional charges for things like service fees, healthcare surcharges, or gratuity that are not clearly stated upfront.

The fact that this law applies to a wide range of businesses beyond just restaurants is even more reason to celebrate.… Continue reading