Birdwatch Note Rating
2024-11-27 04:45:18 UTC - HELPFUL
Rated by Participant: 4424C2A7774B7E896DB8FF8957A343C7C24AC930A5A3AF130169585893D692EA
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Original Note:
Tariffs raise the cost of imported production inputs, imported intermediate goods, and imported final products. Corporations raising prices of goods reflects this, the tariffs are therefore the cause of, not a "cover story" for an unsubstantiated price hike https://www.economicforces.xyz/p/econ-101-is-wrong-about-tariffs
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