,,ii #aaith ,,congress #ast ,session ,s4 #iei ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #aa 7legislative day1 ,march #aj71 #bjbe,ms4 ,alsobrooks 7for herself1 ,mr4 ,wyden1 ,mr4 ,coons1 ,ms4 ,cortez ,masto1 ,mr4 ,kaine1 ,mrs4 ,shaheen1 ,ms4 ,blunt ,rochester1 ,ms4 ,rosen1 ,mr4 ,bennet1 ,mr4 ,schatz1 ,mr4 ,van ,hollen1 ,mr4 ,warner1 ,mr4 ,blumenthal1 ,mr4 ,murphy1 ,mr4 ,welch1 ,mr4 ,schiff1 and ,mr4 ,kim7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to require the ,united ,states ,international ,trade ,commission to conduct an investigation and submit a report on the impact on businesses in the ,united ,states of duties1 and the threat of duties1 on imports from ,mexico and ,canada1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,tariff ,transparency ,act of #bjbe4 #b4 ,investigation and report on additional duties imposed with respect to ,mexico and ,canada 7a7 ,in general ,pursuant to section #ccb7;g7 of the ,tariff ,act of #aicj 7#ai ,u4,s4,c4 #accb7;g771 the ,united ,states ,international ,trade ,commission shall conduct an investigation and submit to ,congress a report on-- 7#a7 the impact on consumer prices of-- 7,a7 the #be percent duties proposed or announced by ,president ,trump with respect to imports from ,mexico and ,canada2 and 7,b7 the #aj percent duties proposed or announced by ,president ,trump with respect to energy imports from ,canada2 7#b7 the impact on consumers1 small businesses1 farmers1 and ranchers in the ,united ,states of any retaliation1 including retaliatory duties and export restrictions1 imposed by ,mexico and ,canada in response to duties imposed by ,president ,trump2 and 7#c7 the impact on businesses in the ,united ,states of the threat of duties and associated uncertainty with respect to the trade relationship between the ,united ,states1 ,mexico1 and ,canada4 7b7 ,elements ,the report required by subsection 7a7 shall contain the following3 7#a7 ,a quantitative assessment of the impact of duties specified in subsection 7a77#a7 on consumer prices1 which shall include an assessment of prices of the following3 7,a7 ,food1 including food generally1 but also broken down into subsections included in the monthly consumer price index report set forth by the ,bureau of ,labor ,statistics1 which includes meats1 poultry1 fish1 eggs1 dairy1 fruits and vegetables1 alcohol1 frozen goods1 and nonalcoholic beverages4 7,b7 ,energy1 including electricity1 transportation fuel1 and heating1 which shall include an analysis of regional price impacts4 7,c7 ,critical minerals4 7,d7 ,vehicles and related parts4 7,e7 ,shelter1 including housing construction costs4 7,f7 ,medical goods1 including pharmaceuticals and other products affecting the cost of health care4 7,g7 ,apparel and footwear4 7,h7 ,consumer electronics4 7,i7 ,farming inputs4 7,j7 ,defense manufacturing1 including aerospace products4 7#b7 ,a qualitative1 and to the extent possible1 quantitative assessment of the consequences on businesses in the ,united ,states of the persistent threat of duties and associated uncertainty with respect to the trade relationship between the ,united ,states1 ,mexico1 and ,canada that is created by arbitrary delays1 pauses1 and ad hoc sectoral announcements1 which shall include impacts on the following3 7,a7 ,business investment1 including research and development1 capital deployment1 expansion1 and other matters4 7,b7 ,job creation and employment4 7,c7 ,contract cancellations4 7,d7 ,small businesses4 7,e7 ,producer prices4 7c7 ,timing 7#a7 ,in general ,not later than one year after the date of the enactment of this ,act1 the ,united ,states ,international ,trade ,commission shall submit to ,congress the report required under subsection 7a74 7#b7 ,confidentiality ,the ,united ,states ,international ,trade ,commission shall remove any confidential business information from the findings and report submitted under paragraph 7#a74