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What I am trying to understand is how tariffs can fix the trade imbalance problem, if it is one, with China. The problem is we import too much and want a lot more manufactured in the US. We all get that, and it is a laudable goal. The way to accomplish that is to incentivize businesses to relocate their manufacturing facilities in the US through tax incentives and the like. This at best is a gradual process. All tariffs do to the importing country in the short term is raise the cost of goods to its citizens, but the goods are still made overseas. Tariffs cannot alter that reality in the short term or even medium term. Incentivizing manufacturing to return to the US does what you want with no impact on prices. I must be missing something.
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