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Chinese are not only talented at trade, they're also talented at cheating in trade. So.. it's not having as much impact as you'd think it would. Because they're not paying the tariffs.
Foreigners don't pay tariffs, they're an import TAX
Interesting thread though, very predictable consequence lol
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The tariffs would be paid in the end substantially by the US customers in any case, if for no other reason than the manufacturers being unlikely to have the profit margin to just pay for them.
Also, tariff evasion should be an expected consequence of having tariffs. To be fair, I think for most of the goods imported from China, enforcement is plausible.
Catching one container with cocaine in a harbor which processes hundred thousands of them is hard. Catching a container whose goods are priced to low on the customs declaration is easy if a significant fractions of the containers are undervalued. You just need to set up financial incentives which make it expensive to get caught (perhaps set up requirement that any importer needs to own a defined amount of seize-able assets per container they want to bring through customs per day), and your customs officers will pay for themselves.
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