Why Haven't Trump's Tariffs Had a Bigger Impact?

Core Insights - Steep import taxes have raised prices for U.S. businesses, but the impact has been less severe than anticipated [1] Group 1 - The report indicates that U.S. businesses have managed to adapt to the increased costs from import taxes [1] - Factors contributing to the lesser-than-expected impact include adjustments in supply chains and pricing strategies [1] - The overall economic environment has also played a role in mitigating the effects of these import taxes [1]