Birdwatch Note Rating
2024-11-12 04:39:38 UTC - HELPFUL
Rated by Participant: 07DD9E2567E962A630D7C3D1A335EA7B844AE303EEF03CC0EE734D1650DC6D5A
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Original Note:
The intention of tariffs (to buffer/protect specific industries against more affordable imports) does not always match the outcome of tariffs (retaliatory tariffs by affected countries to protect their own industries) which makes them Lose/Lose policies esp. for big economies. https://dornsife.usc.edu/news/stories/tariffs-explained-by-economics-professor-trade-expert/
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