Birdwatch Note Rating
2024-10-26 13:14:16 UTC - NOT_HELPFUL
Rated by Participant: 45B1BDB4D87130B0752DCECF1BE9CEC93E8E5146F999EA6D8237BFE7B7836025
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