Birdwatch Note Rating
2024-10-26 12:17:04 UTC - NOT_HELPFUL
Rated by Participant: 10941CC8F2AAD847D46E24312BED8C87CCA7694985E73B49CBF0BC8A34AD591B
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