My counterexample is that I sell mid-high end vintage bicycle parts. There’s about a 0% chance of Shimano or Campagnolo bringing that production to the US beca

My counterexample is that I sell mid-high end vintage bicycle parts. There’s about a 0% chance of Shimano or Campagnolo bringing that production to the US because they haven’t made this stuff in several decades. I’ve now jacked my US shipping prices to account for tariffs. I’ll probably lose all US sales. US buyers probably won’t realize that ~5-10% of its supply has disappeared for these parts. They also may not recognize that US sellers can/will raise their prices accordingly but they will have that increase in price. Heck, I know some Canadian sellers that set up their supply chain well enough that they put down a US location and buyers think they’re buying domestic. Those will be toast (or have to vastly inflate their pricing).