Birdwatch Note Rating
2024-11-27 05:39:24 UTC - NOT_HELPFUL
Rated by Participant: AF43FD23A27F20219A1286543462E58E4DC4F241CEAEA46F3953DF7F0BE0BFA7
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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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