President Trump is set to announce increases in US tariffs to match those of other countries, raising concerns about potential economic impacts, including inflation and slowed growth. He has threatened tariffs on various countries, including China, Canada, and Mexico, while arguing that these measures will create domestic jobs. However, economists warn that these tariffs may act as a tax increase on consumers. The White House claims that matching import taxes would improve trade fairness, but there are fears of a trade war and economic retaliation from affected countries. Teljes cikk (Euronews.com)