Birdwatch Note Rating
2024-11-26 18:31:24 UTC - NOT_HELPFUL
Rated by Participant: AB31A2A78DA991D559F038DE9D5FD6EABECAABA1E25A09407F57A4CDAFAF0B39
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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