We love cheap stuff if the country providing it is weak and not a threat of any kind. Suddenly we don't love good Chinese prices any longer. The massive world wide tariffs are a scheme to restructure the trade order because we have lost control of the WTO, etc to China. We have been so greedy American companies fell over themselves to build factories and joint ventures in China only for China to create competitive companies and force these joint ventures to bankruptcy. Because of the greed, intellectual property and knowledge transfer to China Donald Trump has decided to save the system himself. The stock market being at all time highs doesn't matter if the United States is left empty of capabilities.