Hey kids! Imagine a big global game of trade, where countries buy and sell things from each other. Recently, there's been a lot of arguing about tariffs – that's like extra taxes on goods from other countries. This is causing problems for businesses and making people worried about the economy.
- President Trump put extra taxes on steel and aluminum from other countries.
- Other countries are doing the same thing, causing a trade war.
- Companies are finding it hard to plan because of all the uncertainty.
- Some experts think there's a chance the US economy might slow down.
| Fact | Number/Prediction |
|---|---|
| Chance of US recession this year (according to an expert) | 40% (could rise to 50%) |
| Possible tariff increase on European cars into the US | 25% |
| Porsche stock price drop | 4.5% |
