Birdwatch Note Rating
2024-10-26 14:14:57 UTC - NOT_HELPFUL
Rated by Participant: 460F393408D683A7B015164718310E5DE5DFB5CFAEC37570EB7798C50352894E
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
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