Birdwatch Note Rating
2024-10-26 11:03:28 UTC - NOT_HELPFUL
Rated by Participant: E4BBAD29CB72C50369727DFA9D8D030A9700E4776D215B3C2A2158A108E484EE
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