In my opinion, looking at it from the Chinese perspective. They already had tariffs on selected overseas goods anyway because they want their people to buy more of their homegrown goods. And being a huge manufacturing nation that other economies rely upon [yet another lesson there Brexit Britain, not the leave Europe] they can pretty much get away with it. If the people still buy the overseas goods, due to the perceived upmarket price [more expensive, more exclusive, show them off to my friends BS] then the Chinese treasury wins anyway. Unless Trump puts an outright ban on Chinese goods in the USA [e.g. Huawei], the Chinese will still sell a healthy number because they are so much cheaper in the first place. I would suggest that the tariffs hurt the USA consumers a lot more than they hurt the Chinese.