Birdwatch Note Rating
2024-10-26 17:23:36 UTC - NOT_HELPFUL
Rated by Participant: 69A322A03DAD7152B66AC80867558D3EBE9ECD720DAF776B4B982A7AB288B634
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