Birdwatch Note Rating
2024-10-26 15:01:01 UTC - NOT_HELPFUL
Rated by Participant: 9F7DB980A2ABAF3D07C261A7704073BB0D4188E86FED02B01E04FA6822550CC9
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