For anyone that doesn't know what tariffs are, they are a tax on importing from other countries. In this case, American companies having to pay a tax on importing from countries like China. Trump's claim of tariffs being paid for by those countries America is importing from is completely false, and is just his way to sway voters who assume they won't be paying as much under his presidency. But because it's the importers that are paying for this tax, how will they handle this higher price? By shifting the cost to consumers with higher pricing. 60% higher tax for China? Want your MAGA hat to cost 60% more from tariffs?
The point of tariffs was for people to make more domestic purchases rather than foreign. It would be one thing if America could sustain itself on domestic producers, but it is simply too dependent on foreign imports.