Hey there, did you hear the big news? China and the United States have agreed to make trading between them a lot easier! 🎉
So, what’s the story? Well, both countries sat down together and decided to lower something called “tariffs.” Tariffs are like taxes that countries put on things they buy from each other. By lowering these tariffs, things like toys, clothes, and electronics could become cheaper! 🧸👕📱
This is a big deal because China and the U.S. are two of the world’s biggest economies. When they get along and trade more, it helps not just them but the whole world! 🌎
Both sides agreed to reduce 91% of these extra taxes. That means lots of products will now be cheaper to buy and sell between the two countries. They also agreed to stop some big extra tariffs they were planning. 🚫💰
This is great news for businesses and people who buy things in both countries. It means your favorite gadgets and games might cost less in the future! 🕹️🎮
China hopes that the U.S. will continue working together to keep things fair and friendly. They want to make sure that trading stays awesome for everyone around the world. 🌟
Isn’t it cool when countries work together? It makes the world a better place for all of us! 🤗
Reference(s):
China hails China-U.S. joint statement as move to bridge differences
cgtn.com
