Birdwatch Note Rating
2024-10-26 11:17:26 UTC - NOT_HELPFUL
Rated by Participant: 52CB96F80248D916470CD038005684F21856A9E4726E2B4933C251179E9AD40F
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