Hey there! Have you ever wondered how cars from different countries arrive in your town? ๐๐ It’s all thanks to something called “free trade.” But lately, there have been talks about “tariffs,” which are like taxes on goods from other countries.
At a big car show called Auto Shanghai in the Chinese mainland, car makers from around the world gathered to show off their new vehicles. One important person there was Stefan Mecha, the CEO of Volkswagen China Passenger Cars Brand.
He shared that putting high tariffs on cars isn’t the best idea. Why? Because tariffs can make cars more expensive for everyone! ๐ Instead, he believes that free trade helps people get the cars they love at better prices.
Imagine if your favorite toy suddenly cost more because of extra taxes. That wouldn’t be fun, right? ๐งธ๐ฐ That’s why companies like Volkswagen are saying “no” to tariffs and “yes” to free trade!
Reference(s):
Volkswagen Brand China: Tariffs are not the answer to free trade
cgtn.com