Birdwatch Note Rating
2024-10-26 22:12:40 UTC - NOT_HELPFUL
Rated by Participant: 331518CD2D3C9AFDAEE36F512B579253C9C15A4A145120375302087CBAC479FA
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
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