Birdwatch Note Rating
2024-11-26 20:21:22 UTC - NOT_HELPFUL
Rated by Participant: FF61BD383A9626FF53F37B7BFD1F0C9F66F78424E1D7D0D27E54400CA9E1F527
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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