Well, I'm not a cable engineer, but...
Yeah, I guess OP is misunderstanding the tech.
USB-C does scale dynamically depending on what it's connected to. So... for instance, you can choose to have 4K60 with only USB 2.0 transfer speeds, or 4K30 with full USB 3.0. This is achieved through having the controller decide what the SuperSpeed pins are used for.
Source:
https://en.wikipedia.org/wiki/USB-C#Modes
You can "kinda" think of 4K60 mode as taking up everything else and leaving just the USB 2.0 pins available for more data transfer, and then 4K30 only use up half of the SuperSpeed pins, leaving the others free for USB 3.0 + you still get the USB 2.0 pins.
Thunderbolt 3 is just a different beast, on that note.
And cable length also matters. The "short" (oh God, the pun) of it is... shorter cables are best for transfer speed.
On that note, the rumored upcoming "use iPad as external drawing tablet screen" mode is also fully possible with USB-C delivering display data + USB 3.0 transfer speed between Mac and iPad Pro, considering none of the iPads have resolution as high as 4K.
At 2732x2048 resolution for the largest iPad Pro (12.9), I did some quick math and figured that would require about 8Gbit/s transfer rate for 8-bit per color channel, or just about 10Gbit/s transfer rate for 10-bit per color channel (I highly doubt the iPad Pro has 10-bit display panels, but I could be wrong). So the math kinda works out. It rubs up against the bandwidth limit but doesn't exceed it. Even 0.5Gbit more and you'd lose USB 3.0 speed.