Did you know that something called a trade war is changing how countries buy and sell things? Let’s find out how Brazilian farmers are selling more soybeans to China because of it!
What’s a Trade War? 🤔
A trade war happens when countries put extra taxes, called tariffs, on goods they buy from each other. This can make products more expensive and encourages countries to buy from others.
Soybeans: The Mighty Bean 🌱
Soybeans are a type of bean used to make things like tofu, soy milk, and animal feed. They’re super important for feeding people and animals around the world!
China Looks to Brazil 🇧🇷
Because of the trade tensions between the United States and China, China is buying fewer soybeans from U.S. farmers. Instead, they are turning to Brazil for their soybean needs.
A Big Opportunity for Brazilian Farmers 🚜
This means Brazilian farmers are selling more soybeans than ever to China! It’s a big chance for them to grow their businesses and help feed millions of people.
The Global Connection 🌍
Isn’t it amazing how events in one part of the world can affect farmers and people thousands of miles away? It shows how connected we all are!
Reference(s):
Soybean farmers look to other opportunities amid U.S. trade war
cgtn.com
