honestly, it’s a little of everything. foreign companies will eat the tariffs to some extent, consumers will shift to less tariffed goods and consumers will pay the tariffs.

however, paying the tariffs is essentially paying taxes and the government needs money and there’s nothing wrong with that. this one has the extra sword of helping our other Americans find work and increasing the likelihood that foreign goods will be purchased from allied nations and not totalitarian dictatorships with goals that might end in ww3 with the usa, while not completely cratering our economic system with full and immediate decoupling.