Birdwatch Note Rating
2024-10-26 12:11:39 UTC - NOT_HELPFUL
Rated by Participant: CD392E5F1BB5EF802221B8C2DB147BFFB76923EB22471E1278F997260D392F2F
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