Hey there! π Have you ever heard about countries trading things like toys, cars, or even metals? Well, sometimes they have little disagreements about how much to charge each other. That’s what’s happening now between the United States and Mexico!
The U.S. government has decided to put extra charges, called tariffs, on steel and aluminum they buy from other countries, including Mexico. π° A tariff is like a tax that makes imported goods more expensive. So, if Americans want to buy steel from Mexico, they have to pay more money now.
Mexico is one of the biggest suppliers of these metals to the U.S., so this is a big deal! π²π½β‘οΈπΊπΈ The Mexican government is thinking about how to respond to these new tariffs. They might decide to put their own tariffs on things they buy from the U.S., or they might try to talk it out to find a better solution.
This kind of situation can affect many people, like workers in factories and companies that use steel and aluminum to make things like cars and bikes. ππ²
It’s important for countries to work together and find ways to solve problems. Let’s hope they can come to an agreement soon! π€
Reference(s):
cgtn.com