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Trump says he will hit EU with tariffs - while UK is 'out of line' but 'can be worked out'

Feb 03, 2025
There is a big problem happening between countries right now. The President of the United States, Donald Trump, wants to put taxes on things that come from other countries. Countries like Canada, Mexico, and China are the first ones to be affected. This is making the stock markets go down, and it could also make things more expensive for people and businesses. Trump says it's because of drugs, border security, and trade deficits. Mexico is very upset about this because Trump called them a "narco ally" and accused them of not doing enough to stop drugs from coming into the US. China is also involved because they are being blamed for providing chemicals used to make drugs like fentanyl. The European Union is worried because they might be next in line for these tariffs. The UK is trying to avoid these taxes by saying they don't have a trade deficit with the US. But if these tariffs happen, it could hurt countries like Germany the most, especially their car industry. This is all happening because Trump wants to protect American jobs and companies. So, there's a lot going on between countries right now, and it's causing a lot of problems. It's important to understand what tariffs are - they are like taxes on things coming from other countries. These tariffs could make things more expensive for everyone, and that's not good for anyone. We have to hope that countries can work things out and find a fair solution for everyone.

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