Birdwatch Note Rating
2024-10-12 01:48:36 UTC - HELPFUL
Rated by Participant: 5B101BF1EBFB324052B541FF76863DC3395EC100F9FF4F7E711056CF8D8B3C80
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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