Birdwatch Note Rating
2024-02-26 12:46:02 UTC - HELPFUL
Rated by Participant: 8854D25BE1680F5947DBE6E0DECDC516E1EB3AEC95BBB3A53AA342EC815FF1E0
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Original Note:
Tariffs on goods coming from other countries are not paid by the suppliers in those countries. Tariffs are a tax on American businesses who pass on the increase cost to American consumers therefore increasing prices. https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp#:~:text=Tariffs%20increase%20the%20price%20of,for%20the%20goods%20and%20services.
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