Birdwatch Note Rating
2024-10-11 23:49:21 UTC - HELPFUL
Rated by Participant: AF90545F0A29EBB48E5729C3315CAE021CC16DFD9A2964AB3C661E87F5006541
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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