Tariffs look like the ‘dog that didn’t bark’ to Wall Street, with inflation expected to take a one-time hit and Trump unlikely to enforce threats - Fortune
July 23, 2025 Fortune

Tariffs look like the ‘dog that didn’t bark’ to Wall Street, with inflation expected to take a one-time hit and Trump unlikely to enforce threats - Fortune

When Treasury Secretary Scott Bessent first described tariffs as the dog that didnt bark, analysts werent convinced. Many believed that businesses would pass through hikes to consumersas various data…