Birdwatch Note Rating
2024-10-26 15:37:36 UTC - NOT_HELPFUL
Rated by Participant: 890D1F37DA3F01C2D53B950933EACCCC4C8E5BA8BC9661D446144CD8E713FC72
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
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