[tacticalogic]

So it won’t cause retail price increases, and it will actually be a hit to the foreign producers’ pockets and not American consumers. Either that, or they go out of business and American companies have to make our stuff again.So it won’t cause retail price increases, and it will actually be a hit to the foreign producers’ pockets and not American consumers. Either that, or they go out of business and American companies have to make our stuff again.

Your original comment I replied to was:

The USA imports approximately $1.6Trillion per year. A 20% across the board import tariff eliminates the deficit tomorrow.

If wholesale prices drop, or people switch to buying from domestic manufacturers then the math doesn't work anymore.

[Kellis91789]

That wasn’t my comment, that was somebody else’s.

Your comment: “Assuming we call all afford to keep buying the same stuff when the price goes up 20%.” is what I commented on. Your supposition that the price would go up 20% is not what Supply & Demand would indicate. I agree the tariff revenue would be less than 20% of $1.6T. Revenue is the not the purpose of tariffs. Protecting home industries or countering tariffs imposed on your own exports is the purpose.