What have tariffs really done to the US economy?

Published: 7/3/2025
What have tariffs really done to the US economy?
The impacts of tariffs on the US economy have been significant, with initial hits to the stock market but subsequent rebounds after plans were rolled back. Tariff-vulnerable companies, like retailers and car manufacturers, are still feeling the effects, with uncertainty looming as trade talks continue. While the full effect on consumer prices is yet to be seen, there is anticipation that costs may rise eventually, impacting consumer spending and potentially leading to a short recession if tariffs are reimposed.