Birdwatch Note Rating
2024-10-26 15:03:28 UTC - NOT_HELPFUL
Rated by Participant: 7FF1545DBEE2F4A974D8BE0B92B464AC63171717920F1101161EC0F60DAB4B1B
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