Birdwatch Note Rating
2024-11-11 20:20:10 UTC - HELPFUL
Rated by Participant: 9EAE36A7C2C3E7774A719C75234E319472197A615F19AFF3A6C81BA6753301CC
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Original Note:
This is plainly how tariffs work. https://www.investopedia.com/news/what-are-tariffs-and-how-do-they-affect-you/ An analysis of the 2018 tariffs: “The United States experienced substantial increases in the prices of intermediates and final goods, […] and the complete pass-through of the tariffs into domestic prices of imported goods.” https://www.aeaweb.org/articles?id=10.1257/jep.33.4.187
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