Birdwatch Note Rating
2025-02-02 17:36:26 UTC - HELPFUL
Rated by Participant: 763337616992BA93EC5E4475741BA9127969D49B536ABBB715BAA2C1B548A184
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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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