Birdwatch Note Rating
2024-11-26 20:29:51 UTC - NOT_HELPFUL
Rated by Participant: AA29A294644C2FE3817548645D9276A06A580462F6FDAFC1A1949A6825A4BFB5
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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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