Birdwatch Note Rating
2024-11-26 20:27:03 UTC - NOT_HELPFUL
Rated by Participant: ADD9E73F044CA5BAC2220465FE7D3F681FC8692344808C6950E113636CB04EBD
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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