US tariffs hurting American consumers more than China?

abiztime.com

Are U.S. tariffs on China hurting American consumers more than China?

An answer from an American:

"Not exactly

I wouldn't call them hurting

I did some of the calculations

A pair of sneakers costing 107 Yuan to the customer ($ 14.76) now costs ($ 16.16) , so the retail price of $ 45 a pair may continue as the Importer may just shave off the extra $ 1.48 per pair of tariff

A Chandelier Lighting from China imported for 210 Yuan ($ 28.96) , now costs $ 32 and will retail for $ 55–60 at Walmart. So again Walmart may shave off the extra $ 3

A 4 TB Laptop costing an Importer 3,470 Yuan ($ 479) will cost $ 528 now , but since the Laptop retails for $ 705–730 in the US, the Importer and Distributor may shave off $ 24.50 each in profits

The Profit margins for Chinese Products are very high in US

Roughly around 50% to 200%

Imagine buying a Laptop for $ 480 and selling it for $ 720 , making a cool $ 240 in profits

Imagine buying a Grade A Blanket for $ 3.60 and selling it for $ 9 , making a cool 150% Profit in the process

So these tariffs will be absorbed by the importers themselves in most cases"