Birdwatch Note Rating
2024-10-11 20:45:26 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 0FC2216882767432F6D182112A8FC559D5424FE083926588CF2471A3E902FE39
Participant Details
Original Note:
While U.S. companies pay the tariffs, Chinese companies lower prices, helped by subsidies. This lessens the impact on U.S. consumers & makes U.S. products more competitive. High tariffs pressure China to reduce their tariffs on U.S. exports, helping U.S. companies. https://thediplomat.com/2021/05/chinese-subsidies-a-threat-to-us-competitiveness/
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