Hey there! ๐ Have you ever heard about tariffs? They’re like special taxes that countries put on goods they buy from other countries. ๐๐ฐ
Recently, a super smart professor from the UK named Sir Anton Muscatelli shared some interesting news! He said that these tariffs aren’t really helping the US economy. ๐ฎ
He explained that because of tariffs, things in stores become more expensive for people in the US. Imagine going to buy your favorite game or snack, and it’s suddenly pricier! ๐ฎ๐
Plus, companies in the US that make things have to pay more to produce them, so they don’t earn as much money. That’s like working hard on a school project but getting fewer points. ๐
Sir Anton talked about all this in an interview with a news channel called CGTN. ๐๏ธ
What do you think? Do you believe tariffs help or hurt economies? ๐ค
Reference(s):
cgtn.com