The main purpose of the Truth in Tariffs Act is to increase transparency regarding how tariffs affect the prices of goods sold to consumers in the United States. The goal is to ensure that consumers are aware of the additional costs associated with tariffs when they make purchases. Key provisions of this legislation require sellers to clearly display a "tariff surcharge" on goods sold to consumers. This surcharge represents the portion of the price that is due to a covered tariff. The requirement takes effect 30 days after the law is enacted.