President Trump recently put taxes (called tariffs) on goods from other countries. This affects many businesses! European companies, like those making chocolate and car parts, are worried. They might need to change how they make and ship their products to avoid paying extra.
- Tariffs are like extra taxes on things imported.
- US tariffs on goods from Mexico and Canada increased.
- European companies are planning ways to deal with possible future tariffs.
- Companies might move some of their work to avoid the extra costs.
| Item | Detail |
|---|---|
| Tariff on Mexican & Canadian goods | Increased by 25% |
| Possible future tariff on European cars | 25% |
| Potential impact on Italian food | Billions of dollars in damage |
