Trump Uses Tariffs, Changes Global Trade


Trump Uses Tariffs, Changes Global Trade

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Trump Uses Tariffs, Changes Global Trade

Donald Trump wants to change the world economy. He wants other countries to pay more to sell goods to the U.S. He uses threats to make deals with them, aiming for political and economic success.

The U.S. and the EU made a new trade deal. The EU will pay 15% tariffs on many goods. They will also buy energy and invest money in the United States.

Trump says it is a very big trade deal. But this new trade policy might not work as he hopes. The deal is not very detailed, and trade deals usually need a lot of work.

Financial markets are used to the high tariffs now. The U.S. Treasury gets more money from these tariffs. Economists think high tariffs will raise prices for Americans.

Japan and other countries also agreed to the 15% tariffs. They are trying to make deals before the deadline. Trump thinks the U.S. should use its power to get better deals with tariffs.


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What does Donald Trump want to change?

He wants to change the world economy.

What will the EU pay on many goods?

The EU will pay 15% tariffs on many goods.

What do economists think about high tariffs?

Economists think high tariffs will raise prices for Americans.


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