Birdwatch Note Rating
2024-11-26 19:50:04 UTC - NOT_HELPFUL
Rated by Participant: 14CAA964570F719ACC7BB3957A7EA71B1B272B52ED487631FFD40344E0E9D9E6
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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