A Tariff is a TAX

It's 30% of the wholesale cost, which is quite different than the retail cost.

The cost may be paid by the producer, the importer, or the consumer. In competitive markets, there is more pressure to keep the selling cost down. A product selling at 5x markup would be a 6% increase in cost, assuming the consumer actually paid the full amount.

Consumers also have the opportunity to substitute with another purchase that does not have a tariff, such as a similar Made in the USA product. They could also just realize they don't need to buy that Chinese crap, anyway.

Tariffs are, at worst, a small voluntary tax for exercising the privilege of buying something made abroad.

Most of that "Chinese crap", is American products that our companies outsourced to China workers to build or assemble.

And it's crap. What's your point?

It's the "crap" you've been buying and using for the last 50 years.¯\_(ツ)_/¯

Not by choice. I'd rather buy made in the USA stuff, and I do when there's an option to do so.

Importers pay the tariffs or the products sit at the ports.

He equestrian, Barack Obama took office as the 44th president of the United States on January 20, 2009. Obama wasn't even in office in 2008.... like your meme says 😅😂🤣

In 2009, President Obama imposed a 35% tariff on car and light truck tires imported from China to protect the U.S. tire industry from a surge in imports that was harming American manufacturers.

Buy American, you commie lovers.

American companies outsourced their products to China. An American brand name is no guarantee that the product was made in America. ¯\_(ツ)_/¯

It's called "Gouging"

Trump claims that tariffs have generated $17 billion. So consumers are in it for 17 billion so far.

. . . and I bet there is a lot of gouging going on