Birdwatch Note Rating
2024-11-12 03:36:24 UTC - HELPFUL
Rated by Participant: D12FC9CCFDFDB3379A896AEEA138F8795E70E5ADBCBDF1CE76520DE43B7CBA77
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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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