Correct; it doesn't. However,

(1) Tariffs will not affect all commodities in the same class equally, creating a natural price advantage, even at the level of consumers. While not absolute autarky, demand will continue to shift to less externally-dependent goods, which has and will continue to reduce our liability.

(2) Ideally congress would codify the tariffs to prevent that. That said, it seems the first Trump term tariffs did induce production onshoring, despite that uncertainty.

What would it take to change your mind on these tariffs?