Birdwatch Note Rating
2024-10-27 00:19:17 UTC - NOT_HELPFUL
Rated by Participant: 4D7D61513C3EE336548D7BFF41ED890E7CE37E991DD34D179AD715F7F8B17065
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