Birdwatch Note
2024-10-26 09:13:52 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
While @unusual_whales statement is correct, Trump's description of foreign countries paying the tariff is factually incorrect. "consistent theoretical and empirical finding in economics is that domestic consumers and domestic firms bear the burden of a tariff, not the foreig.." https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation
Written by D359C1E67B5A292A65688A4EF9BC80B87A7C74D472AA41554BE423B684FD540F
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- ID - 1850103542960525783
- noteId - 1850103542960525783
- participantId -
- noteAuthorParticipantId - D359C1E67B5A292A65688A4EF9BC80B87A7C74D472AA41554BE423B684FD540F Participant Details
- createdAtMillis - 1729934032560
- tweetId - 1850010955020918924
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- While @unusual_whales statement is correct, Trump's description of foreign countries paying the tariff is factually incorrect. "consistent theoretical and empirical finding in economics is that domestic consumers and domestic firms bear the burden of a tariff, not the foreig.." https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation
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