Birdwatch Note Rating
2024-10-26 20:30:36 UTC - HELPFUL
Rated by Participant: 8D5CE447722544E74309E90044DF0F6BAE845B159B3D599D100FCD22F95905E4
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