Birdwatch Note Rating
2024-10-26 12:10:18 UTC - NOT_HELPFUL
Rated by Participant: 5C98BFF36BE786E3DF9CE7062713BE91256914AA417C07566D85F7166A8C4080
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