Why Are Eggs So Expensive? Discovering Tariffs and Prices 🥚💰
Have you noticed that some things, like eggs or clothes, have become more expensive lately? Let’s explore why that happens and what tariffs have to do with it!
What’s a Tariff? 🤔
A tariff is like a tax that a country puts on goods coming from other countries. Imagine if you trade cookies with your friend, but the teacher asks you to give one cookie to her for every five you trade. That’s kind of like a tariff!
How Do Tariffs Affect Prices? 📈
When tariffs are added to imported goods, those goods can become more expensive. Companies may have to pay more to bring them into the country, and they might raise prices to make up for it. That means we might have to pay more when we buy them.
The Case of the Costly Eggs 🥚
In some places, the price of eggs went up a lot! Some people even started going to other countries to buy cheaper eggs. But why didn’t they just get more eggs from other countries? Sometimes tariffs make it harder or more expensive to import eggs, so the prices stay high.
Who Does This Affect? 🤷♀️
When prices go up, it can be tough for families who have to spend more money on everyday things. Meanwhile, some big companies and wealthy people might not feel the effects as much.
What Can We Learn? 📚
Understanding tariffs helps us see how decisions made by governments can affect our daily lives. It’s important to think about how policies impact everyone, especially ordinary people like us!
Reference(s):
cgtn.com
