Birdwatch Note Rating
2024-11-26 20:14:02 UTC - NOT_HELPFUL
Rated by Participant: 8F29F7F4F2C2B20F9DB006122FAA74E2BBA74F0B66F1D6946D0B22B1A9B73670
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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