Birdwatch Note Rating
2024-10-26 11:25:48 UTC - NOT_HELPFUL
Rated by Participant: BC1B8286A5E0C68C23341ACC7CC09914F178FACCC6F6A7E1459F899DB5E0E24B
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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