Yesterday, the United Kingdom's House of Commons passed a bill which would allow changes to the Brexit deal the country signed with the European Union just last year. The bill, which would break international law, has upset many people.
Posts tagged as “trade”
The US has extra cheese - lots of it. Milk producers in the US are storing about 1.4 billion pounds (630 million kilograms) of cheese. That's a record amount.
President Trump has begun a "trade war" with China by taxing things they sell to the US. Mr. Trump thinks it will help the US, but experts say it could hurt everyone.
Trade means buying and selling things between countries. Through trade, countries can get things they don't have or can't make, and sell their own things to foreign countries.
A tariff is a special tax that is charged when something comes into a country. Tariffs are used to protect businesses inside a country. Most experts think tariffs don't work very well.