Birdwatch Note Rating
2024-10-12 18:01:05 UTC - HELPFUL
Rated by Participant: 4D3BE39A4262544E7DE0F703CB46F46A637E6FD85305FD4A53CE08D84EE26DFF
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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