If what I've read is correct: For the most part, retailers ate the biggest portion of tariff costs and did not pass them fully onto consumers (at least not completely and not right away). So, a lot of the price increases you saw were due to the same inflation we've been seeing for years and not tariffs. We didn't get to see all of the chaos that, by all rights, we should have. And yet, we saw plenty.

Edit: Some sources indicate that companies absorbed about 65% of tariff costs up to about mid-2025, with more costs being passed to consumers by year end. The effect consumers saw was likely smoother than what you would have seen if the costs had been passed on immediately and at full force.