Hey there! Have you heard about tariffs? 🛍️ They’re like taxes on things that countries buy and sell from each other. Recently, the United States started collecting new tariffs of 10% on goods coming from many countries. This means that some toys, clothes, or gadgets might become more expensive! 😮
These new tariffs began on Saturday, and it’s causing quite a stir in the world of trade. Experts are saying it’s one of the biggest changes in trade we’ve seen in a long time. 🌐
Because of these tariffs, other countries are deciding how to respond. For example, France’s President Emmanuel Macron said, “A trade war is in no one’s interest. We must stand united to protect our citizens and businesses.” 🤝
Some countries are thinking about talking with the US to find a solution. Others are considering their own tariffs on US goods. It’s like when friends disagree and need to find a way to make up! 💬
What’s more, the stock markets around the world have been affected. Stocks are like pieces of companies that people can buy. When the tariffs were announced, stock prices went down, and some people got worried about the economy. 📉
But don’t worry too much! Leaders from different countries are working hard to figure things out. They’ll keep talking and hopefully come up with ideas to make trade fair and good for everyone. 🤗
Isn’t it interesting how decisions in one country can affect the whole world? It shows how connected we all are! 🌏
Reference(s):
U.S. starts collecting Trump's 10% tariff, upending global trade
cgtn.com
