Birdwatch Note Rating
2024-10-26 12:15:12 UTC - HELPFUL
Rated by Participant: D072983CE21911A7AB056B089E85AC05CE187DB721A03F03BFB0E860173F8005
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