Birdwatch Note Rating
2024-10-26 22:58:05 UTC - NOT_HELPFUL
Rated by Participant: C1B92C8222D9D4FDFFD07BF2679AB751C435CACEFA4B90E32F9A8B84251F170E
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