Trump's announcement of reciprocal tariffs aims to fulfill a campaign promise by raising US taxes on foreign goods to address perceived unfair tariffs imposed by other countries. Economists express concern that these tariffs may lead to increased consumer prices, as they are typically passed on to consumers. The tariffs are intended to generate revenue to finance tax cuts that analysts argue would benefit the wealthy disproportionately. The executive branch's power to impose tariffs has been debated, with Congress holding the constitutional authority but often delegating it to the president. Comparatively, US tariffs are lower than those of other countries, but the Trump administration claims that other nations impose much higher tariffs on US goods. Teljes cikk (Euronews.com)