Birdwatch Note Rating
2024-10-12 12:14:51 UTC - HELPFUL
Rated by Participant: DEF9F288FF10F0F52046CAD65B16DE434227304F7844674768A9A40107E8A884
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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