Birdwatch Note Rating
2024-11-26 17:40:41 UTC - NOT_HELPFUL
Rated by Participant: 57B1D56317B76D001D5BEB29EB51DC33CB02E87C8AEEE648ECFEE1DC3F0FDA4A
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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