Birdwatch Note Rating
2024-10-27 01:13:28 UTC - NOT_HELPFUL
Rated by Participant: 40B547772F6DDEE402331748F77AB62C731F35ED086925349C1A38CEEB2BD9A0
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