Birdwatch Note Rating
2024-10-26 16:39:56 UTC - NOT_HELPFUL
Rated by Participant: DFA10CFB40971F3E06F99D31FCC8FF0F5FD680DC7B9ECE97E09F08902C495C2D
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