Birdwatch Note Rating
2025-02-03 12:37:58 UTC - HELPFUL
Rated by Participant: B6F9FCBE49A3C643DD1995C003B43D6DA58838FC947312EA5553D92BE4D8A44B
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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