Hey there! Have you heard about tariffs? Theyโre like extra taxes countries put on goods coming from other places. Recently, the European Union (that’s a big group of countries in Europe) decided to add tariffs on things coming from the United States. This means some U.S. products will cost more money in Europe starting next month.
Why did they do this? Well, the U.S. put tariffs on steel and aluminum from Europe first. So, the EU is responding by doing the same. It’s kind of like when someone throws a ball at you, and you throw one back!
In Madrid, the capital of Spain ๐ช๐ธ, people shared their thoughts about this. Many think the EU had to respond, but they’re also worried. Ignacio, a resident of Madrid, said that trade wars aren’t good because they can lead to more and more problems. Just like when arguments between friends can get bigger if no one tries to make peace.
Lots of people hope that the countries can talk it out and find a solution soon. After all, when countries work together, it helps everyone!
Reference(s):
We Talk: Spanish support the EU's counter tariffs on U.S. goods
cgtn.com