That’s absurd!
It’s a 25% tax on $200 billion. That’s $50 billion in taxes. $2,300 on 100,0000 families per year works out to $230 billion in taxes...
If China doesn’t lose a penny in commerce, that’s $50 billion. My guess is that about $10 - $30 billion in taxes actually ever get paid. Now how much will come from the consumer? Maybe $5-$15 billion? (After all, only a very small portion of Nike’s costs come from production costs.)
So let’s say America consumers pay a whopping $15 billion in extra taxes... that’s $45 per family.
I get what you are saying but static analysis is useless. It’s like taking a picture of sports car going 200 MPH with a high speed digital camera. If you look at the picture it isn’t moving. You’d say the car is sitting still.