Birdwatch Note Rating
2024-11-26 19:23:21 UTC - NOT_HELPFUL
Rated by Participant: AC54A84373C9E63DCABA62C08D7814BE059B9DDE279419780B4BAB4BCDEB730E
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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