Birdwatch Note Rating
2024-10-26 11:46:21 UTC - NOT_HELPFUL
Rated by Participant: 8122BB8B0C0E91AB9C785D2A13E6C21777D8B2596290D83D2501157CA392CACE
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