Birdwatch Note Rating
2024-10-26 17:52:21 UTC - NOT_HELPFUL
Rated by Participant: 7A23BA3713C62C6A66C71EBBAA84EB4A8052BC20307D0B0CECB451686F267D15
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