>> they are like a tax increase...
on the Chinese and Europeans <<
No, tariffs imposed by the US gov’t are a tax on you, me and other Americans. Foreigners never pay our tariffs. No proposition in all of economics could be more basic.
Prices will be higher until domestic suppliers come on line. The situation is dynamic and not static like free traders would have us believe. Lies, bully scare tactics and deception are the hallmark of the free trader.