Hey there! Have you ever traded toys or snacks with your friends? Imagine if someone suddenly made it harder to trade by adding extra rules! Well, something like that happened between China 🇨🇳 and the United States 🇺🇸.
China has told the World Trade Organization (that’s the WTO 🌐 – a big group that helps countries trade fairly) that they’re not happy with the U.S. The U.S. decided to add an extra 10% tax (called a tariff) on some things China sells to them.
China says this isn’t fair and goes against the rules everyone agreed on at the WTO. They think it’s like breaking the no-cheating rule in a game!
By adding these extra taxes, China feels that it could mess up how countries buy and sell things all over the world. It’s like if one person stops sharing, others might stop too, and then nobody gets what they need.
China wants to work with other countries to make sure everyone plays by the rules and trades nicely. They hope the U.S. will change its mind and stop these extra taxes so trading can get back to normal.
Isn’t it important for everyone to play fair, whether it’s on the playground or in the world of global trade? 🌍🤝
Reference(s):
cgtn.com
