Hey friends! 👋
Have you ever traded toys with your friends? Imagine if one day, your friend started charging you more toys just to trade with them. That’s kind of what’s happening between China and the United States right now!
On Saturday, the Chinese government expressed strong feelings 😠 about new taxes called “tariffs” that the United States is putting on goods from China. Tariffs are like extra costs added to products from another country.
China says that these new tariffs aren’t fair and that they will protect their own interests. They believe that trading should be fair and help everyone involved.
The United States announced that they will start charging extra on goods coming from many countries, including China. In response, China decided to do the same thing by increasing tariffs on products from the United States.
China wants to make sure that everyone plays by the rules and that no one country tries to take advantage of others. They also promised to keep opening up their markets to the world and to work with other countries to make global trade better for everyone.
The Chinese government said that trading and working together is the best way forward. They believe that when countries cooperate and help each other, it’s like friends sharing and everyone wins! 🌍🤝
They also mentioned that there are no winners in a “trade war,” which is when countries keep adding tariffs against each other. It’s important for countries to talk things out and find fair solutions.
So, what do you think? Do you believe that working together is better than arguing over trade? Let’s hope that all countries can come together and make the world a better place! 😊
Reference(s):
Chinese government slams U.S. tariff abuses, vows to protect interests
cgtn.com
