Birdwatch Note Rating
2024-11-12 12:21:38 UTC - HELPFUL
Rated by Participant: AB4063C92F7B7F0AC1B4EF18DD7EFDF637F2580E4DF2224CB5DF0AB5310A70D3
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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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