Birdwatch Note Rating
2024-10-26 14:25:59 UTC - NOT_HELPFUL
Rated by Participant: BECB438BA9C25E0C7514DBF104B3EEDBEF04078CE385D19687EC8811E0C51F42
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