Birdwatch Note Rating
2024-10-12 00:28:33 UTC - HELPFUL
Rated by Participant: 1B7E9C9FE5DABC2AA19F594489A6A270234B5776AC5A48A416738CB9CEDDB887
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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