The price of pork is X amount; for US and foreign customers.
Add a Tariff for foreign sales.
It now costs X+T for foreigners.
Foreigners now pissed. Shop around for cheaper pork.
Other countries rub hands in glee; raising THEIR pork prices by at least a fraction of T. Cannot get their pigs to mate faster. America has lots of pigs.
Now what?
Coyotes gonna bring ‘refugee immigrants’ in and take wanted porkies out?
You have it correct.
Rather than pay the tariff on Chinese steel, purchasing agents will buy steel from India.
If China resists, they will lose much of their manufacturing base as it moves elsewhere.
Maybe China will rethink it’s 25% tariff on US manufactured goods.