Hey there! Have you heard the big news? The United States and Indonesia have made a new trade deal! 🎉
So, what’s a trade deal? It’s an agreement between countries about buying and selling things. In this case, Indonesia has agreed to buy lots of products from the USA. That includes $15 billion worth of energy, $4.5 billion in farm products (like crops and food), and 50 airplanes from Boeing! ✈️
Why is this important? Well, before this deal, the USA was planning to put high tariffs on goods from Indonesia. Tariffs are like extra taxes on things coming into a country. Nobody likes extra taxes, right? By making this deal, Indonesia can avoid higher tariffs, which makes trading easier for both countries.
But that’s not all! Other countries are also looking for new friends to trade with. For example, Asian countries like South Korea, Japan, and China are talking to each other about trading more. They’re hoping to make deals that help everyone get the things they need.
It’s like when you and your friends decide to share your snacks so everyone gets a taste of something new! 🍪🍎
Trade deals are super important because they help countries get along and support each other. Plus, they can help people get jobs and make cool new products.
So next time you see something made in another country, think about how trade deals might have helped it get to you!
Reference(s):
Trump announces trade deal with Indonesia as Asia seeks new partners
cgtn.com
