Birdwatch Note Rating
2025-02-02 19:58:12 UTC - HELPFUL
Rated by Participant: BAA16045FB72C22E872E22067B39F4D9C32680CB0E5CCD5A18D29BD550605BD8
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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