Birdwatch Note Rating
2024-10-27 13:37:24 UTC - NOT_HELPFUL
Rated by Participant: BD36C81D3264D9B4C0A16EEDBB7ACDD3CE0BF9BFB059DD8899631080E677C3BD
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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