Birdwatch Note Rating
2025-02-03 11:35:04 UTC - HELPFUL
Rated by Participant: 3EA1E2429CF1A42AE1997523956514E37849DCCF0AD25D89D9F4A6018A1463DF
Participant Details
Original Note:
Mainstream economists largely agree that tariffs cause inflation. Tariffs are paid by domestic consumers and not the exporting country, but they have the effect of raising the relative prices of imported products. https://www.cnn.com/2025/01/31/business/what-how-trump-tariffs-meaning/index.html https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp
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