Why Are People Asking the U.S. and China to Be Trade Friends Again? 🤔
Hey there! Did you know that the United States and China are two of the biggest countries in the world? 🌎 They’re like huge players on the world’s playground! But sometimes, even big friends can have disagreements.
Recently, lots of people have been saying that the U.S. and China should be better trade friends again. But what does that mean?
What’s Trade Anyway? 🛍️
Trade is when countries buy and sell things to each other. Imagine you have lots of apples 🍎, and your friend has lots of oranges 🍊. You might trade some apples for oranges so you both have some of each!
What’s Been Happening? 😟
A while ago, the U.S. decided to put extra taxes, called tariffs, on things it buys from China. This made Chinese toys, clothes, and gadgets more expensive in the U.S.! 😲 China did the same thing back, making U.S. things more expensive in China.
It’s like if two friends start charging each other to share snacks at lunch! 🍪➕💰
Why Do People Want Them to Be Friends Again? 🤝
Many smart people like economists (they study money and trade) and media experts are saying that these tariffs are not helping anyone. They think it’s better if the U.S. and China trade freely so everyone can get the things they need at fair prices.
One economist, Adam Posen, says that tariffs are like a bad tax that causes problems and confusion. He thinks taking away the tariffs will make things better for everyone. 🏦
What Could Happen Next? 🌟
If the U.S. and China decide to lower or remove these extra taxes, it could make toys, clothes, phones, and other things less expensive! That would be good news for families and businesses in both countries.
It’s like when friends decide to share their snacks again without any charges. Everyone is happier! 🍰😊
Why Should We Care? 💭
Even though we might be young, what happens between countries can affect us. It can change the prices of things we buy or even the kinds of jobs people have. So, hoping for countries to get along is a big deal!
Let’s hope the U.S. and China can be good trade friends again! 🎉
Reference(s):
cgtn.com
