Birdwatch Note Rating
2024-10-28 00:15:51 UTC - NOT_HELPFUL
Rated by Participant: FE68F962C485D0BCC5E577ECF61912AD04B27C6AD4B725893B10060766107A57
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