Birdwatch Note Rating
2024-10-26 15:39:59 UTC - NOT_HELPFUL
Rated by Participant: BBB32466E7D0C35C6F261EDEC1EDE33B4022D3205E43B41A72E1806EB6E93F23
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
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