Birdwatch Note Rating
2024-11-26 17:41:03 UTC - NOT_HELPFUL
Rated by Participant: 0EC158DE7F1BBE502B2C7D1DFC16C87C9733D84ABF99387C1A0594907B8A126E
Participant Details
Original Note:
A tariff only applies to imported products, whereas a tax applies to all goods/income. By placing a tariff on imported products, domestically produced products have an increased level of market competitiveness, incentivizing the manufacture and purchase domestic products. https://differencify.com/tax-vs-tariff/
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