A recent round of tariff threats has added a new layer of uncertainty, but the monthslong track record affords economists an opportunity to evaluate what the tariffs have yielded

"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

President Donald Trump's tariffs haven't raised inflation as previously projected, leading to various explanations among experts. Some believe producers have absorbed the bulk of the costs. The Consumer Price Index rose just 0.