Birdwatch Note Rating
2024-10-26 16:57:04 UTC - NOT_HELPFUL
Rated by Participant: 8BACDE0474E05ACD6B5FF767D15AF71FCC1679B769D18B14079CB3022DFD2816
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