Birdwatch Note
2024-10-11 21:30:32 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
US goods cost more to produce than those from China due to worker & environmental factors. While tariffs are indeed paid by US companies, the end result is Chinese goods are equal or cost more than US versions. This results in US producing more and adding jobs for US workers. https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp
Written by 9FAA9D4FD79CA8224374BCAF3BF6796C32F3CFC99C370C954A0CD82A9614F9BF
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- noteId - 1844853112345104776
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- noteAuthorParticipantId - 9FAA9D4FD79CA8224374BCAF3BF6796C32F3CFC99C370C954A0CD82A9614F9BF Participant Details
- createdAtMillis - 1728682232354
- tweetId - 1844576825701175778
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- US goods cost more to produce than those from China due to worker & environmental factors. While tariffs are indeed paid by US companies, the end result is Chinese goods are equal or cost more than US versions. This results in US producing more and adding jobs for US workers. https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp
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