Most of the total tax collected seems to have been absorbed by the importers, lowering margins.

Where did you hear that? It is conclusively the opposite: https://www.cbsnews.com/news/trump-tariffs-consumers-busines...

The price of googs this last year bed to differ. Maybe for some bigger companies on certain products but what stores like Walmart did was spread the price increase across all products so it wasn’t as obvious. And that’s now where it’s going to suck the most, prices are not going to come down. Ends up being a free handout to them.