Hey there! Did you hear the news? 📢 Starting June 23, President Donald Trump is adding new taxes, called tariffs, on some imported household appliances like dishwashers, washing machines, and refrigerators. 🧺🧼
But what does that mean? 🤔 Well, a tariff is a tax that countries put on goods coming from other countries. It’s like when you have to pay extra money to buy something that’s not made in your own country.
The new tariffs are set at 50%. That’s a big number! This means that if a refrigerator from another country costs $500, there will be an extra $250 tax added when it comes into the United States.
The government says these tariffs are needed to protect the country’s security and to help American companies that make these products. 🏭
This isn’t the first time tariffs have been added. Earlier this year, more products like bulldozer blades and horseshoes 🐴 were also included.
Some people worry that these tariffs might make appliances more expensive in stores. What do you think about these changes? Will it affect you or your family? Let’s keep an eye on how this story develops! 👀
Reference(s):
Trump expands steel tariffs to home appliances, sets rate at 50%
cgtn.com
