Hey there! 😊 Have you ever heard the word tariff? It’s a big word that means a tax on goods that come from another country. Let’s find out why U.S. farmers are worried about tariffs with China!
What Are Tariffs?
Imagine you’re trading toys with your friend. But suddenly, your teacher says you have to pay a fee every time you trade! 😮 That fee is kind of like a tariff.
Why Do Countries Use Tariffs?
Sometimes, countries put tariffs on goods to protect their own businesses or to encourage others to be fair in trade. But it can make things tricky! 🤔
How Do Tariffs Affect Farmers?
When the U.S. and China put tariffs on each other’s goods, farmers can get caught in the middle. For example, U.S. farmers grow lots of soybeans and corn. If China puts a tariff on these crops, it becomes harder for farmers to sell them. That’s not good for farmers! 🌽🚜
What’s Happening Now?
There have been times when the U.S. and China disagreed on trade, leading to tariffs. Farmers are worried because if this happens again, it could hurt their businesses. They want everyone to play fair so they can keep growing food for people around the world! 🌎❤️
Why Should We Care?
Farmers help provide the food we eat every day. When they face challenges, it can affect everyone. Learning about tariffs helps us understand how countries work together and why cooperation is important! 🤝
Reference(s):
cgtn.com
