Birdwatch Note Rating
2024-10-26 13:27:40 UTC - NOT_HELPFUL
Rated by Participant: 36719FA8E6CA2F2671D439FA507E6E856140AC3A7ACFFC7B2627AD9E127CCA63
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