Key Facts

• President Trump imposed these tariffs (or import taxes) on some goods from other countries.
• These tariffs have resulted in a lot of uncertainty and disorder in the economy, across the world.
• Many countries expressed their worry and frustration when coming together for a meeting with the International Monetary Fund (IMF).
• Some countries that sell more goods to America than they buy from America were unhappy, feeling that these tariffs were targeting them unfairly.
• There was talk of the U.S. easing off the tariffs, especially toward China, but no official meeting took place between the U.S. and Chinese officials.
• Many people believe that the United States is slowly backing away from these tariffs.
• Some big companies like Walmart and Target have warned the President that these tariffs might cause empty shelves in their stores by early May.
• The number of delivery containers being shipped from China to Los Angeles has decreased, signaling a slowdown in trade.