Hey there! 🌟 Did you know that making it harder for countries to trade can be bad for everyone? That’s what Oliver Oehms, a big leader from the German Chamber of Commerce in North China, shared recently!
He spoke at the China International Supply Chain Expo, which is a super important event where people talk about how to move goods around the world. Oliver said that higher tariffs (that’s a fancy word for extra taxes on things coming from other countries) or putting up trade barriers isn’t good for anyone. 😕
Think about it like swapping toys with friends. If someone says you have to give them two toys to get one, it’s not fun anymore, right? That’s kind of what happens when countries add extra costs to trading.
Oliver believes that when countries work together and trade freely, everyone wins! 🌍🤝 So, let’s hope that grown-ups keep this in mind to make the world a better place for us all!
Reference(s):
No-win situation under higher tariffs: German business chamber
cgtn.com
