Birdwatch Note Rating
2024-02-26 13:54:13 UTC - HELPFUL
Rated by Participant: E635313D5D4CA84C05CB72036E501E2D40D3400A2B999FE528C2768930042179
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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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