Symbolic move only, IMO.
The PRC Politboro still controls the value.
We still do nothing, and continue our bone-headed rush to de-industrialize America through so-called “free trade”.
America is so scr@wed.
Your faith in tariffs is touching.
You want to increase prices on American consumers and increase government regulatory control over our lives at the same time.
A year or so ago, the American government imposed a 30% tariff on inexpensive Chinese tires. Not a single American tire manufacturer has re-entered that market. It just isn't profitable. They have better uses for their capital.
The result is that people who can't afford expensive tires are now forced to pay more or just go without and domestic tire-makers have seen no increase in sales. Tariffs are not magic and never were.
They are implemented to protect the cronies of Congress members -- not to better our economic condition, though that's how they're usually advertised.