The No GOUGE Act prohibits price gouging on goods subject to tariffs for five years after the tariff's imposition.
The No Gratuitous Overcharging for Ubiquitous Global Exports Act, also known as the No GOUGE Act, prohibits the sale of goods subject to tariffs at unreasonably high prices for five years following the tariff's imposition. A good is considered to be sold at an unreasonably high price if the seller raises the price by more than the costs directly generated by the tariff or additional costs incurred by the seller. The Federal Trade Commission (FTC) is tasked with establishing a mechanism for consumers to report potential violations and will promulgate regulations to enforce the Act.
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