Birdwatch Note Rating
2024-10-12 04:52:16 UTC - HELPFUL
Rated by Participant: F25FA5B8B85374C3A191CF97A3422A219E4C48A201C1185FBF14238D1834831F
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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