This paper examined cross-cultural differences in emotion talk during reminiscing and book sharing and its link with children’s social problem-solving skills. Twenty-six Costa Rican mothers, representing the cultural model of autonomy-relatedness, and 26 German mothers, representing the cultural model of autonomy, discussed a negative past event and read a book with their 4-year-old children. Children’s social problem-solving skills were also assessed. Results indicated that cultural contexts did not differ in complexity of emotion talk but Costa Rican dyads talked overall more about emotions than German dyads. Costa Rican dyads marked others as the agents of emotions more often than German dyads, but groups did not differ in the frequency of emotions referring to the child as the agent. Across cultural contexts, mother–child dyads provided significantly more emotional attributions than emotion explanations during book sharing, but not during reminiscing. Emotion talk was related to children’s social problem-solving skills for the Costa Rican group, but not for the German group. The higher the amount of emotion talk in Costa Rican dyads during reminiscing, the lower the child’s social problem-solving skills. Results are discussed in light of the culture-specific nature of emotion socialization and its relation to children’s socioemotional development.