Birdwatch Note Rating
2024-11-26 17:50:23 UTC - NOT_HELPFUL
Rated by Participant: CD66B095CD1C8DF895836C585DF8B5084C73465C935B75A930524B60BFCD0EBA
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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