President Trump recently decided that the U.S. would charge tariffs (taxes added to specific imported goods) on aluminum and steel from certain countries. The nations affected by this decision, such as the European Union and Canada, argue that this breaks agreements the U.S. has made with the World Trade Organization (WTO). The U.S. argues that these tariffs protect American national security. If the WTO cannot resolve this conflict, it may lead various countries to begin raising tariffs on each other, ultimately hurting the global economy. Listen to learn more about this possible trade war.
Story Length: 4:40
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