Birdwatch Note Rating
2024-11-12 06:15:24 UTC - HELPFUL
Rated by Participant: 40B547772F6DDEE402331748F77AB62C731F35ED086925349C1A38CEEB2BD9A0
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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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