The tax is 145% on Chinese imports. To preserve relative margins companies need to increase prices by 145%. Obviously, you are not going to buy the extra yard camera that was 100 dollars last week but will soon be 250.

The tariffs are effectively a 30-150% price increase on all retail products, along with some marginal price increase on all manufactured goods. Given the nearly assured recession, it is unclear how willing American consumers and corporations are to eat this tax. Some businesses will take it out of the margin, others will pass it along.