Hey there! Have you ever traded snacks with your friends at school? Maybe you swapped a cookie for a bag of chips? πͺβοΈπ Well, countries do something similar, but on a much bigger scale! Instead of snacks, they trade things like cars, computers, and clothes.
The European Union (EU) and the United States (U.S.) are like two big friends who trade lots of goods with each other. Sometimes, they have disagreements about how much to charge for these goods, called tariffs. Tariffs are like taxes on things that are brought into a country.
Right now, the EU and the U.S. are talking about making a new trade deal to make trading easier and more fair. Even though they might not agree on everything, they are working hard to find a solution. Just like how you and your friend might figure out the best way to share snacks! π«π€
When countries work together, it helps everyone get the things they need and can make things cost less. It’s important for them to communicate and solve problems, just like we do in our daily lives.
So next time you share or trade something, remember that countries do it too, and it takes teamwork and understanding to make it happen! π
Reference(s):
EU pledges to strike trade deal with U.S. amid tariff twists
cgtn.com