Birdwatch Note Rating
2024-10-26 14:44:01 UTC - NOT_HELPFUL
Rated by Participant: FCC84ACF2CDC1B54CA3A6F5B7FCDFCF23486E854A4A806A30B77BA0966008889
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