Birdwatch Note Rating
2024-10-26 11:17:18 UTC - NOT_HELPFUL
Rated by Participant: BFE1F07756F4D4310468FDD244B41940CBAB600D7D02364D0C4E1ECC735D182D
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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