Birdwatch Note Rating
2024-10-11 20:37:16 UTC - SOMEWHAT_HELPFUL
Rated by Participant: AF8F19E126D7FA81431EEFCB92EBB05A31C5DBB5A508D0D0394B6C16AF712403
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/
All Note Details