You've just raised the price of imported goods by 25% but you don't think the price of the equivalent US produced good will be impacted much?
So maybe a 20% increase in price? 15%?
Competition between US competitors will limit prices increases.
Eventually. Partially. Probably.
No I don’t.
There is no reason a US good that doesn’t directly compete against a tariffed good would go up at all.
US products with sufficient competition between US producers will not go up.
And products without sufficient competition will draw additional competitors.