Birdwatch Note Rating
2024-10-26 09:42:51 UTC - NOT_HELPFUL
Rated by Participant: 9E5511FAE15934D29F2301094FC609BAE2CB067B0B35CD14D6B3D5CAF120506B
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