Birdwatch Note Rating
2024-06-17 13:21:57 UTC - HELPFUL
Rated by Participant: 6AB9FBBA24C0A8396400513DAF6C0E39B40D4EB30C02A639B45A7CFA71C7646A
Participant Details
Original Note:
Tarrifs cannot replace what the US government brings in through taxes. The middle and lower classes tend to be the hardest hit by tarrifs, esp on good from China. American manufacturing also gets hit through higher electronic component, chemical, and metal costs. https://www.forbes.com/sites/tiriasresearch/2024/05/28/new-china-tariffs-will-raise-the-prices-of-consumer-electronics/ https://taxfoundation.org/blog/who-really-pays-tariffs/ https://www.investors.com/news/economy/what-is-a-tariff/
All Note Details