Just because businesses / wall street doesn't like something doesn't mean it's necessarily good for every day Americans. The tariff vision of on-shoring manufacturing and reliving the glory days of the post WW2 era was rooted in fantasy. The US simply cannot compete given its labor costs and actual manufacturing know-how.
Perhaps this is an overdue wakeup call, and a freak out is in order regarding this reality but unconstitutional tariffs alone were never going to solve this problem.