Hey there! π Have you heard the big news? China and the United States are talking about trade again! π€ This is exciting because when big countries like China and the U.S. work together, it can help people and businesses all over the world.
So, what’s happening? About a month ago, China and the U.S. decided to take 90 days to adjust some of the extra taxes (called tariffs) they were charging each other on goods. Tariffs are like fees added to products from other countries, which can make things more expensive. By lowering these tariffs, trading becomes easier and goods might cost less! π
Businesses are really happy about this! Jiang Jiangping, who sells Christmas decorations in Yiwu City, said that customers from the U.S. are rushing to place orders. π Also, Lin Wanyi, who sends furniture from Fujian Province, can now ship goods that were stuck before. Isn’t that great?
Even big ports are seeing more activity. A manager at Yantian Port in Shenzhen said they’re handling way more containers than beforeβit’s like having a super busy day at the playground! π’
But it’s not all easy. Some people in the U.S., like Gene Seroka from the Port of Los Angeles, said that they have less work because of the earlier tariffs. This shows that when countries have trade disagreements, it can affect jobs and businesses on both sides.
Everyone is hoping that China and the U.S. can keep talking and make things better for everyone. A business owner named Jamey Stegmaier said that even though he’s happy to send his products again, there’s still some uncertainty. He hopes the trade relations will get better so businesses can return to normal.
An expert named Liu Ying thinks the upcoming talks might be tough, but it’s important to keep working towards lowering tariffs. That way, everyone can benefit!
Let’s keep our fingers crossed that China and the U.S. continue to cooperate and make the world a better place for all of us! π€
Reference(s):
China-U.S. trade thaw sparks business rush amid lingering uncertainty
cgtn.com