Birdwatch Note Rating
2024-10-26 13:48:19 UTC - NOT_HELPFUL
Rated by Participant: 042ED951FA05FCF48B28D3839695F1E591D4FAB06031B1120E09E05A10ECE1B6
Participant Details
Original Note:
While @unusual_whales statement is correct, Trump's description of foreign countries paying the tariff is factually incorrect. "consistent theoretical and empirical finding in economics is that domestic consumers and domestic firms bear the burden of a tariff, not the foreig.." https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation
All Note Details