[semimojo]

Odds are it will cost the consumer a nickel here and a nickel there.

It will cost exactly as much the value of the tariffs levied.

Either the consumer will pay this tax or the American business owner will absorb it by making less profit.

It's a fundamental economic principle.

[Wayne07]

Or the Chinese supplier will absorb it by cutting their price. But yes, someone ultimately pays, and that isn’t the government it is a person.

[Ol' Dan Tucker]

Either the consumer will pay this tax or the American business owner will absorb it by making less profit.

Let's see. Do I buy expensive American-made goods or expensive Chinese-made goods?

It's a fundamental economic principle.

It's only going to cost more if the consumer is willing to pay a higher price for cheap chicom goods.

If the consumer doesn't buy the cheap chicom goods, then the tariffs won't cost the consumer a penny.

What am I missing here?

[central_va]

It will cost exactly as much the value of the tariffs levied.

In the short term. Not in the long term.