Yes, and the gamble is that the positives from boosting domestic industry will outweigh the negatives from higher prices. The only people confused about this are NPR-constructed strawmen.
There is no domestic industry, it all moved overseas, and the existential risk to cessation of fiscally enabling tariffs within 4 years (assuming set and forget; note, business's ideal outcome), means most of the money will just find something else to chase for modest returns for 4 more years. Nevermind everything else going on poisoning goodwill toward the U.S. currently. The absolute, unmitigated stupidity on display currently is nothing less than I expected from a population without a Great Depression under their belt. We truly, truly, are too dumb as a society to have learned and internalized a goddamn thing.
Except Trump himself repeatedly claimed that the exporting country is paying the tariffs and that the US is earning billions of dollars. And many of his followers seem to believe this.
