People will definitely cheer when you lower prices. Businesses will push back, but that's also difficult since "we want to keep prices high" isn't a good lock. They have other ways to apply pressure, but it's (roughly speaking) a level playing field.
It's only possible to have tariffs now because people don't grasp the consequences. When prices go up, the tariffs will be less popular.
It's only possible to have tariffs now because people don't grasp the consequences. When prices go up, the tariffs will be less popular.