Birdwatch Note Rating
2024-10-12 17:08:34 UTC - HELPFUL
Rated by Participant: 6DF8C5FC65C4FF32479A2B42CBF3921E5D9AC4ABE58C3CADFEF41FEE4689B4A7
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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