Birdwatch Note Rating
2025-02-03 04:16:36 UTC - HELPFUL
Rated by Participant: 61FF933D69B129254920353D7E22C1572B921DB768B71CAD27EAA76BC7C9CC16
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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