Birdwatch Note Rating
2024-11-12 12:05:20 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 0AEB631180DE0E19394DED37AFC8A562FA41142D6B627C560F82071FBA476E7E
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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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