Birdwatch Note Rating
2024-10-26 16:40:20 UTC - NOT_HELPFUL
Rated by Participant: 39097CB45A5711C883B41116604A07A744BA41C938ED9025075A050CAFF3798E
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