Birdwatch Note Rating
2024-10-26 12:19:43 UTC - NOT_HELPFUL
Rated by Participant: A810DDF999014462D3DAF4D2125BF5ADE2A3EF7CA18F53E2070944B9455BC9DC
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