Birdwatch Note Rating
2024-10-26 16:54:23 UTC - NOT_HELPFUL
Rated by Participant: E0DF9A48DD491D3F6982F400F7E475E90B7878D8C55CB28F5A851A9B039FD8FD
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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