Birdwatch Note Rating
2024-10-26 14:49:22 UTC - NOT_HELPFUL
Rated by Participant: F9DF5884F1B0F6C761ED57EF88116ABFC63D77718755619B8BF3BA66728D6CC3
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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