100% correct and well said. The primary beneficiaries of Trumps tariffs will be the US manufacturers who output they protect and the wealthy US citizens who benefit from his income tax reductions. But US exports will not benefit as only domestic sales will enjoy the improvement in competitiveness that the tariffs generate. Tariffs will probably make US manufacturing even less competitive as it becomes more and more and more dependent upon the protected and distorted domestic market. In a addition export markets are also certain to take retaliatory action of some form which likely would disadvantage US exporters. China has won the trade war and tariffs will not reverse that. Trumps tariffs will only make the US more isolated and less competitive. They will also push other nations into even closer economic relationships with China.