Birdwatch Note Rating
2024-10-12 13:40:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 2EA10B71705028B5CD2128FCB08F55496D7A0B3386A4EA64380752D8087A0315
Participant Details
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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