Birdwatch Note Rating
2024-11-27 10:42:46 UTC - NOT_HELPFUL
Rated by Participant: 2B0A045EE6A7A29D7E2611E26AE9C81B506E3134810BA609D150B7AB447DC7D6
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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