Donald Trump, the president of the United States, put new taxes called tariffs on many things that come from other countries. He said these tariffs will help America make more things and get more money. Some countries made new deals with the United States, but some did not. Now, many things from other countries cost more money in the United States.

Some people are happy because the worst problems did not happen. The markets did not fall a lot, and people can still buy and sell things. But many things from other countries are now more expensive. This can make life harder for people who buy these things. Some countries, like Germany and India, will have more problems because of the new tariffs.

It is not clear if these new tariffs will help America in the future. Some people think prices will go up, and people will buy less. Other countries may try to make new friends and new deals without the United States. Many people are waiting to see what will happen next.