Birdwatch Note Rating
2024-11-27 13:01:54 UTC - NOT_HELPFUL
Rated by Participant: 1C55A756BAC1C4907AB98A627F12C3EFF06CA52C7C88EA900B72CA6D6DA1ABBB
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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