Trump's Tariffs Impact US Economy

President Trump raised tariffs on imports to very high levels, which many people thought would cause big problems like higher prices and lower incomes.

But so far, the damage hasn't been as bad as expected.

There are a few reasons for this.

First, some data is missing because of a government shutdown, which makes it hard to know the full impact.

Second, not all the tariffs are in effect yet, and some countries like Mexico and Canada got special exemptions.

Third, companies brought in a lot of goods before the tariffs started and are still using those supplies.

Finally, companies are absorbing the extra costs instead of raising prices right away.

But experts think that in the future, prices will go up and people's real incomes will go down because of the tariffs.