The main purpose of this legislation is to require the Federal Reserve to examine how tariffs imposed by the United States since 2017 have affected the prices of goods and services. The goal is to understand the impact of these tariffs on consumers and small businesses, particularly in relation to inflation. Key provisions of the legislation include a mandate for the Federal Reserve to conduct a comprehensive study on the effects of U.S. tariffs. This study will look at all tariffs implemented from 2017 onward and assess their collective impact on costs for consumers and small businesses.