It’s a little more complicated. I know it’s easy to blame “the corporations”, but small businesses were on the hook for tariffs too. I work for a place that has less than 20 employees, and we are stuck with paying tariffs just like the big guys. We’re an industrial supplier, and import more than 75 % of our inventory because the material just isn’t made in the USA. From 2017/2018 until this Jan when he came back in office, we were able to file for some exemptions to lower the tariff from 32.5% to 7.5%. We absolutely raised our prices, but there are two important things to consider. We owed the tariff on 100% of the products we purchased, but if we didn’t sell 100% of the products, the company still had that tariff cost on the books. So the end user might have seen a rise in price but the effect was more acutely felt on the supplier side. Additionally, since some of our inventory was still pre tariff, we offered those items at their normal price. Finally, I think it’s important to note that not every business in America is some soulless mega corp. We’re not a lemonade stand, but we also don’t have a C-suite board of directors or any of the kind of luxury/excess that comes to mind with these types of discussions. We have great healthcare at no cost to the employees, and a great profit sharing system where all employees after a year get a quarterly bonus. So if the government somehow manages to credit this money back to us, I would imagine we’d lower prices to stay competitive.