Experts Say U.S. Tariffs Could Cause Global Problems 🌍
Hey there! Have you heard about tariffs? 🤔 Tariffs are like taxes that countries put on things they buy from other countries. Recently, U.S. President Donald Trump decided to add new tariffs on goods coming into the United States. This means that things from other countries might become more expensive! 💰
On Wednesday, President Trump signed an order that adds a 10% extra tariff on all imports starting April 5th. But that’s not all! Some countries will have to pay even higher tariffs starting April 9th. Experts are worried and say this could make countries unhappy with the U.S. 😟
One expert, Wei Nanzhi, says that the world has been trading together for a long time, and the U.S. has benefited a lot from it. Changing the rules now might not be fair. She also thinks that bringing factories back to the U.S. isn’t as simple as adding tariffs. 🏭
President Trump showed a chart with different countries and the tariffs they’ll have to pay. For example, the Chinese mainland will face a tariff of 34%, the European Union 20%, Japan 24%, and so on. He says this is to make things fair, but others disagree. 🙅♂️
The Ministry of Commerce from the Chinese mainland responded by saying they are against these new tariffs and will take steps to protect their rights. They believe that raising tariffs will not only hurt other countries but also the U.S. itself. They warn that a trade war won’t have any winners. 🚫🏆
Experts also point out that these tariffs might make things more expensive for people in the U.S. Imagine if your favorite toy or gadget suddenly costs more! 😱 They say that in today’s world, countries are connected like a big team, and working together is better for everyone. 🤝
So, what do you think about these new tariffs? It’s important to learn about what’s happening in the world, as it can affect all of us! 🌐
Reference(s):
cgtn.com
