Hey there! Have you heard about the latest news between the European Union (EU) and the United States? πͺπΊπ€πΊπΈ
The U.S. President announced a big 25% tax (called a tariff) on things coming from Europe, like cars and other goods. ππ¦ This means European products will become more expensive in the U.S.
But the EU isn’t too happy about this! They said they will react “firmly and immediately” if these taxes happen. πͺβ°
Why Does This Matter?
Countries trade with each other to get cool stuff they might not have. It’s like swapping snacks with friends at lunch! ππ If one friend suddenly charges you extra to trade, that’s not fair, right?
Leaders from France, Spain, Italy, and Poland spoke up. They said it’s important to keep trade fair and friendly. They don’t want a trade war, which is like a big argument over trading goods. βοΈπ
They believe working together is better and mentioned that many American businesses actually make a lot of money from trading with Europe! πΌπ°
So, the EU is ready to stand up for itself to make sure trade stays fair and everyone stays happy. Let’s hope they can sort it out! π€β¨
What do you think? How would you solve a disagreement with a friend? Let us know! π
Reference(s):
cgtn.com