@NidarNidar
Trump game plan is apply import tax of 25% on Canada and he even said 60% on china imports, but his also said it can be as high as 200% depending on how the country behaves and reacts, so it's definitely a sliding scale not a fixed rate.
His weighing up the benefit vs loses for America yes importers in America will pay as he can't apply that to foreign countries outside his jurisdiction. Yes it's increasing inflation for American consumers as the rate of the fee needs to be passed onto them from the importer, he won't wear it, importers will need to pay uncle Sam and customers will need to pay him the difference, that's after he calculated a 25% profit margin which slides isn't fixed either because he will know what other products are selling for and will keep it within the maximum range possible.
But trump game plan is he needs to recover taxes somewhere due to the tax cuts he promised, tax cuts leave a hole in any budget, it's budget manipulation so essential services don't decline to crisis point, it can decline which slides also but not to crisis point before it turns into anarchy. Plus his banking on thru tax cuts and more money in ppl wallets it will redirect to American products so he can say look I'm growing economy and American businessss. It's not real growth tho, it's economic manipulation. Real growth means extra activity thru obviously work then spending as tax revenue increase as a whole, his not doing that his economically manipulating it by giving tax cuts so spending happens thru govt revenue harm. People who resort to this have no hope of real economic growth.
He wants to force people to purchase cheaper American alternative and grow American businesses by giving them an edge.
His also weighing up the damage it will cause foreign markets, less or no sales in America means less or no jobs where it's made too. How they cushion this will be interesting tactic, it's called the chokehold strategy and even trump calls it maximum pressure. The end objective is to have the weakened side attend trade talks all bruised up and choking and sign unfavorable deals. They will be in such a choke just little less choking is a win for them but a big win for the winner who is withstanding it.