Birdwatch Note Rating
2024-10-26 15:17:50 UTC - NOT_HELPFUL
Rated by Participant: E6B642F311A86B9CD73F8CC3BA63EB953D7B8DCB1FFB2F173220393353788974
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