Chinese Premier Li Says U.S. Tariffs Hurt the World Economy 🌍
Hey there! Did you know that taxes can affect not just countries but people all around the world? On Friday, Chinese Premier Li Qiang said that the United States’ extra taxes on goods, called tariffs, are causing problems for international trade and the global economy.
What Are Tariffs? 🤔
Tariffs are like special taxes that countries put on products they buy from other countries. Imagine if you had to pay extra pocket money to buy toys from your friend in another class—that wouldn’t be fun!
Meeting with Spain’s Leader 🇨🇳🤝🇪🇸
Premier Li met with Spanish Prime Minister Pedro Sanchez in Beijing. They talked about working together to make trade better and to help their countries grow.
“China wants to be friends with Spain and the European Union,” Premier Li said. “We should all work together, share ideas, and make sure that trading between countries is fair and open.”
Working Together for a Better Future 🌏
China and Spain are celebrating 20 years of being close partners! They want to keep building their friendship by trading more goods, exploring new technologies like artificial intelligence, and even doing more in tourism and education.
Spain’s Support 👫
Prime Minister Sanchez said that Spain wants to continue being good friends with China. He mentioned that the extra tariffs from the U.S. are not fair and are hurting economies, including the European Union’s. He hopes that everyone can work together to solve these problems.
Why This Matters to You 😊
When countries get along and trade fairly, it helps create more jobs, better products, and a happier world. Even though tariffs and trade might seem complicated, they affect the toys you play with, the phones you use, and even the food you eat!
Fun Fact! 🎉
Did you know that China and Spain have been friends for over 20 years? That’s older than many of you!
Reference(s):
Premier Li: U.S. tariffs undermine international trade, global economy
cgtn.com
