China raises the price to $6 to compensate, Taiwan to $5.90
Not quite. It’s not the foreigners who pay the tariffs, it’s the locals. The tariff is charged at customs when the product enters the country and the people paying that are the people doing the importing. Tariffs don’t bring more money into the country, they just penalize local people who import goods from overseas. It’s a tax. Back when Republicans were consistent they hated all taxes, heh.
From the point of view of the local consumer it makes no difference - the price rises unless there is a locally made substitute they can buy instead.
I love the movement in this one