That is not even remotely correct. The American Floodlight Company would sell the floodlights for slightly below the 392k - the total amount these guys paid. Something like 350k and tell the consumers they just saved "42k". Because the alternative is? Import it and pay huge tariffs. This is what happened last time with washing machines.

The protectionism also means American Floodlight Company no longer needs to innovate. Because they can keep producing the same lights over and over again. What are people going to do? Look for innovative floodlights overseas and pay huge tariffs?

It also means American Floodlight Company products cannot be exported. It is costlier and not innovative. Japanese, Chinese, Koreans brands are going to leave them behind.

In the meantime, American Floodlight Company is a business, not a charity. They will find loopholes like get cheap parts -- this will be easier as world moves on to newer, more efficient lights, so that overall input costs are low - despite the tariffs. Then assemble it in US and claim it to be "Made in USA".

Win, Win for the company while the consumers can take a hike.