tariff Archives - Teaching Kids News Readable, teachable news. Thu, 11 Oct 2018 01:39:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://teachingkidsnews.com/wp-content/uploads/2020/01/cropped-TKN_square_blk-32x32.jpg tariff Archives - Teaching Kids News 32 32 What You Need To Know About NAFTA and USMCA https://teachingkidsnews.com/2018/10/10/what-you-need-to-know-about-nafta-and-usmca/ https://teachingkidsnews.com/2018/10/10/what-you-need-to-know-about-nafta-and-usmca/#comments Thu, 11 Oct 2018 01:39:47 +0000 https://teachingkidsnews.com/?p=17215 A big agreement was just made between the United States, Canada and Mexico.
It's complicated--too complicated to explain fully here--but it's good to have an idea about what it is and why it is important.
Back in 1994, the US, Canada and Mexico made a deal to all become "trading partners." That means, each country would partner with the others to make it easy to buy and sell things and services back and forth. That deal was called NAFTA, the North American Free Trade Agreement.
When countries don't have a deal like that, it's sometimes hard for one country to sell things to another country.

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