Birdwatch Note Rating
2024-10-26 16:31:07 UTC - NOT_HELPFUL
Rated by Participant: B73EBD66629A70377F5F380FBEFCCF27271E5C0E7AA9E60B9036416CD397931B
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