Hey there! Have you ever heard of a tariff? 🤔 It’s like a tax that countries put on goods they bring in from other countries. Imagine if your favorite candy from abroad suddenly cost more because of a new tax. Not fun, right?
On April 2, the United States decided to put a 10% tariff on goods from all countries, and even higher tariffs on some others—some almost 50%! 😮 This made things more expensive and caused a lot of problems around the world.
Because of the trouble it caused, Washington paused most of these tariffs for 90 days, keeping the 10% tariff until July 9. They hoped to make “90 deals in 90 days” to fix things. But guess what? Those deals didn’t happen, and the problems remained. 🙁
This situation is like throwing a boomerang. 🎯 You throw it out, and it comes back to you. The tariffs were meant to help, but they ended up causing issues for everyone, including the United States.
Now, a special program called “The Tariff Boomerang II” is looking at what happened. It shows how these tariffs, meant to be a big punch, actually came back around like a boomerang!
So, what’s the lesson here? Sometimes, actions we think will help us might come back in unexpected ways. It’s important to think carefully about the choices we make! 🤔
Reference(s):
cgtn.com