Again: one of these things is not like the other

Trump told reporters yesterday he was delaying some tariffs on China to ensure it didn’t affect the cost of Christmas shopping in the U.S. https://t.co/aPmY4mXOIN

— Rebecca Ballhaus (@rebeccaballhaus) August 14, 2019

Peter Navarro: "For Christmas, the president basically will not be putting tariffs on some key products, so we have an inflation-free Christmas." #GeeThanks pic.twitter.com/yEW1tARmFe

— Aaron Rupar (@atrupar) August 14, 2019

 

So which is correct?  Do tariffs cause inflation, or do tariffs cost China billions and the U.S. nothing?