Birdwatch Note Rating
2024-10-26 12:55:29 UTC - NOT_HELPFUL
Rated by Participant: 4429C6A9BC0CC10702CDC1049471C07E6F7D57CAA848782B66FC66C9C5514077
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