Birdwatch Note Rating
2024-11-26 17:47:02 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 14AC7F6E0E7ED591214543B692B3BA7AFCC3315234DF4546FC23202D31A9E2B2
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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