Birdwatch Note Rating
2024-10-12 17:46:56 UTC - HELPFUL
Rated by Participant: 2726237E406685371C9CCFA0EFE14CCF4EE78D9569F553F1121E087F79551EBE
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Original Note:
US goods cost more to produce than those from China due to worker & environmental factors. While tariffs are indeed paid by US companies, the end result is Chinese goods are equal or cost more than US versions. This results in US producing more and adding jobs for US workers. https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp
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