Imagine the EU (European Union) and the US are having a trade fight! It's like a playground squabble, but with corn and soybeans instead of toys. The EU is planning to add extra taxes (tariffs) on US farm products.
This could make it more expensive for Europe to buy US corn and soybeans. Farmers in Europe use these to feed their animals. This could mean higher food prices and less food available!
This trade dispute might impact food supplies in Europe and may affect the price of food.
- The EU is thinking about adding taxes on US corn and soybeans.
- These crops are important for feeding animals in Europe.
- This could make food in Europe more expensive.
| Item | Amount |
|---|---|
| Possible extra taxes on US goods | €26 billion ($28 billion) |
| Current EU imports of US corn and soybeans | €4 billion |
| Possible increase in EU imports of US corn and soybeans | €8 billion |
| Tariff on US corn (if reintroduced) | 25% |
