Birdwatch Note Rating
2025-02-02 16:39:51 UTC - HELPFUL
Rated by Participant: 975AE9BA56F48C6FE83F82B76067421A771BF26BF39E95F65906C2C0E719E5CA
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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