I've never pretended to be an economic expert but is there a reason you can't do your own research, like you do when it comes to your healthcare?
There are several reasons including the long delay between tariffs going into effect and the consumer being affected, the fact that the initial tariffs he proposed were never implemented, countries re-routing their goods through other countries that have lower tariffs, companies temporarily absorbing the costs and companies just now needing to re-stock after pre-loading their inventory before tariffs went into effect.
So there's still time for the worst impacts to become reality, though us TI gazillionaires may barely notice, the little guy is already feeling the impact.
KPMG LLP found many companies are passing costs onto customers, while adopting other strategic changes to cope with the duties.
www.newsweek.com