Tariffs on retail goods don’t usually directly control the final price that consumers pay.
When products are brought into the U.S., the tariff is calculated based on the declared value of the goods at the point of import, not on the retail price at which they’re sold.
This declared value omits additional costs such as labor, marketing, logistics, rent and the profit margin that retailers add. Consequently, the price on the shelf can be significantly higher than the tariffed import value.
For...
https://www.freightwaves.com/news/tariffs-and-retail-prices-what-consumers-need-to-know