Birdwatch Note Rating
2024-10-26 15:19:48 UTC - NOT_HELPFUL
Rated by Participant: 7684C4DC05B854FF624D909752587102D6D060C2F0B46EAFF5C45BF12BAD2CCA
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