Hey there! Have you heard about the trade war between the United States and China? It’s like when two friends have a disagreement and stop sharing their toys. 🧸 Well, recently, these two big countries agreed to pause their trade war for 90 days. That’s like taking a break to try and work things out!
BUT (and it’s a big but), even with this pause, many small businesses in the U.S. are still worried. 😟 You see, small businesses are like the little shops in your neighborhood or the family-owned stores you visit. They rely on buying and selling products, some of which come from other countries, like China.
We heard from a business owner in Miami who sells cool gadgets and toys. He said that even though there’s a truce (that’s a fancy word for a temporary peace), he’s still feeling the effects. Things are uncertain, which means they don’t know what’s going to happen next. And that’s super scary for businesses!
Some people say that shoppers won’t see prices go up, but small businesses know that if they have to pay more for products, they might have to charge more, too. That means your favorite toy or game could cost more money! 💰
So, even with the trade war on hold, small businesses are caught in the middle, and they’re hoping for a happy ending where everyone can agree. Let’s keep our fingers crossed! 🤞
Reference(s):
cgtn.com
