This is so cute, won't bother the US in the slightest, and will be backed down from instantly. It could literally be within days.
Tariffs are the only good thing that Trump has tried to do - really driven by Bessant, the only competent person in the administration.
He's had to react to "Trump's" bizarre decisionmaking, which is really the sum of Israel's and random lobbyist's desires, which has completely thrown off his vision, but "free trade" is bullshit, only benefits big business and the market, only in the short term, and everyone always knew this. It is absolute exploitation of poverty and authoritarian regimes around the world, and ends up in US margins, not in US working people's pockets. Bessant doesn't give a shit about working people, but he gives a shit about shifting the failing US from short-termism into long-termism - and you can't do that when your population is borrowing to buy imports and not working. You are forced into using your military for conquest in order to protect your own supply chains, and your military has been corroded by the same corruption as the rest of your economy, you pay 10x as much for everything, so there was never any need for them to increase production capacity.
The anti-tariff libs are like "it's really taxes!" No shit, Sherlock. Remember when Grover Norquist wasn't the spirit of progressivism? Remember those protest movements that you hollowly ape the language of while openly opposing the policies of - the anti-globalization, anti-free trade movements? Remember how every single thing they predicted came true?
Tariffs are a tax on foreign exploitation and supply chain insecurity. We need to bring that exploitation back onshore. Cheap bullshit is of no benefit if you don't have a job.
Don't be fooled by elites in upper-middle class jobs furiously trying to ban anything that would lower their own incomes for a second - those are the same people who were telling you to learn how to code when your parents got laid off. They're the YIMBY gentrifiers of your neighborhoods. They've got hundreds of thousands or millions of $ in the market and in housing, and it's doubled and tripled while you moved back in with your parents, who can't afford their medication. When housing prices drop, they get mad. Housing prices are dropping right now, and they're getting mad.
Completely unproductive financialized ways of making money are disappearing. They've bet the farm to the tune of trillions on hundreds of giant factories dedicated to word association. If you're a desperate poor person who has made meme-y financial decisions, please sell your bitcoins and your pokemon cards. I'm not even sure if precious metals can save you. You need production to move back onshore. You probably need immigrants gone, because you might have to learn how to pick fruit if you want to be able to eat it - it's the most productive thing the US does.
Also, don't be fooled that there's some sort of economic consensus about how unwise tariffs are because you're online. Most of the people participating in that conversation are foreign elites who sell their own populations to the US for an extraordinarily luxurious living, send their kids here to go to school (and write articles about how that's somehow good for you) drive up your rents, and call you a racist for objecting - when they were literally propelled here on a cushion built by and on the slave classes of their home states. Tariffs are meant to transfer their (the few) success to you (the many) - so you can buy.
They're compradors, and they're propagandizing you for their own benefit.
After the US completely falls, and we're at 90% poverty, 9% comprador, and 1% plutocrat, they'll bring back manufacturing and sell your poverty to the flourishing Chinese middle class - a country that doesn't let the wealthy and foreign interests control its policy.