Hey there! Have you ever heard of tariffs? 🧐 They’re like extra taxes that countries put on things they buy from other countries. Since becoming president, Donald Trump has used tariffs a lot. But here’s something interesting: an expert says these tariffs might be hurting American shoppers more than anyone else! 😲
Alejandro Reyes, a scholar from the Asia Society Hong Kong Center, explains that when tariffs are added, prices of items in stores can go up. That means when you or your family go shopping, you might have to pay more for the same things. 🛍️💰
Mr. Reyes says that President Trump thinks tariffs are a big tool for dealing with other countries. But he wonders, what will happen after Trump is no longer president? 🤔 “He probably doesn’t care all that much,” Reyes says.
It’s important to understand how decisions made by leaders can affect our everyday lives, like how much we pay for toys, clothes, or gadgets. So next time you’re shopping, remember there’s a whole world of economics working behind the scenes! 🌍💡
Reference(s):
Expert: Trump essentially sold the tariffs to the American people
cgtn.com