Hey there! Have you ever heard someone say, “We should make more stuff in America”? It sounds cool, right? But have you thought about what that means for your favorite things, like blue jeans or video games?
Some people think that if we put tariffs on goods from other countries, it will bring back jobs to make things here. A tariff is like a tax on things we buy from other places. But here’s the catch: when we add tariffs, prices can go up!
Imagine your favorite pair of jeans costing $10 more. Would you still buy them? A survey found that lots of people say they want more American-made products, but they change their minds when they find out it might cost them extra money.
In fact, most people don’t want to pay even a little bit more, even if it helps factories here. They worry about prices going up on everyday things.
So the big question is: Do we really want more things made here if it means we have to pay more? It’s something to think about! 💭
Reference(s):
cgtn.com