Birdwatch Note Rating
2025-02-02 19:02:59 UTC - HELPFUL
Rated by Participant: 67C7A7E84F5CE08417B8CB86C29A4D88E6FBB30E488A4569EBC479D8274BFD38
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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