H.R. 2047: Pink Tariffs Study Act

The Pink Tariffs Study Act requires a comprehensive study to be conducted regarding the impact of tariff rates on imported goods in the United States. Here’s a breakdown of what the bill entails:

Study Requirement

Within one year of the bill's enactment, the following actions are mandated:

• The Secretary of the Treasury, in coordination with the Commissioner of U.S. Customs and Border Protection and with input from the United States International Trade Commission and the U.S. Trade Representative, will prepare and submit a report to Congress.

Areas of Focus

The study must analyze several specific areas:

• Regressive Impact of Tariffs: Investigate how tariff rates disproportionately affect consumers, particularly noting if tariffs are higher on everyday items compared to luxury goods. This will include an analysis of whether consumers are choosing to refrain from importing certain goods to avoid the tariffs.
• Gender Bias: Examine whether there is a gender bias in tariff rates, such as those that might affect women's clothing more heavily than men's clothing.
• Disaggregation of Effects: Provide details on how the effects of tariffs vary among different consumer groups based on gender, household type (like single-parent versus dual-parent families), and income level.
• Additional Considerations: The Secretary may include other relevant factors that affect how tariffs impose unequal burdens across different consumer categories or households.

Purpose

The overall goal of the bill is to better understand the impact of tariffs to ensure they do not create unfair financial burdens on specific groups within the U.S. population.

Relevant Companies

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