Birdwatch Note Rating
2024-11-26 22:35:06 UTC - NOT_HELPFUL
Rated by Participant: B21122CA8F000D8157AD073EF416E37806384D87A50C4A55BCB679BA3B23CDB0
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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