Birdwatch Note Rating
2024-11-27 02:56:30 UTC - NOT_HELPFUL
Rated by Participant: 55196D08DCC11C68A0CA75E55D522C4F2655F6E98823EDB54DA34E71A3A2DDC7
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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