Birdwatch Note Rating
2024-10-26 17:21:03 UTC - NOT_HELPFUL
Rated by Participant: A94843780B98D0CF2689EC355CE176F3B57AFB5A67545A147B357913DE36D351
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