The supply chain impact on manufacturers in the US on contracts is overlooked in this tariff fiasco. For example - auto manufacturers enter into long term agreements as a fixed price for a product. The only negotiation point they may have to reset that price would be a government action, which a tariff checks the box. The genie is out of the bottle, lots of contracts will be negotiated and prices will go up.
I would like to think this is some kind of 4-d chess game to avoid rate hikes and to devalue the dollar, but on implementation it will accomplish none of the above with a sprinkle of recession.