Birdwatch Note Rating
2024-10-11 22:16:50 UTC - NOT_HELPFUL
Rated by Participant: DF44E13C142135032AF342E4C5532CBC569FD1E9B5EA94A49CE655DF4A486E7B
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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