Birdwatch Note Rating
2024-11-12 07:21:16 UTC - HELPFUL
Rated by Participant: 6304BB084D5F303BDF8DA978EA3F7D0AFED638E22B563E80A870B5FBEEDB9F94
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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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