Reports

(a) ITC and BLS report (1) In general Not later than 1 year after the date of the enactment of this Act, and annually thereafter, the United States International Trade Commission and the Bureau of Labor Statistics shall jointly submit to Congress, and make available to the public, a report on the prices of goods sold by any company earning $1,000,000,000 or more in gross revenue during the prior year, with a focus on identifying changes in the prices of tariffed goods. (2) Sufficiency of surveys (A) In general Prior to submission of the first report required under paragraph (1), the Bureau of Labor Statistics shall identify whether the existing surveys of the Bureau collect sufficiently granular data with respect to pricing decisions and consumer prices to effectively identify price increases for tariffed goods. (B) Development of new surveys If the Bureau of Labor Statistics determines under subparagraph (A) that the surveys of the Bureau are insufficient, the Bureau shall develop and include in such surveys new questions to collect the data necessary for the report required under paragraph (1). (b) FTC report Not later than 1 year after the date of the enactment of this Act, and annually thereafter, the Commission shall submit to Congress, and make available to the public, a report on the enforcement activities of the Commission under this Act, which shall include an assessment of the impact of the enforcement of this Act on consumer prices, both for tariffed goods and all goods.