Birdwatch Note Rating
2025-02-02 17:14:47 UTC - HELPFUL
Rated by Participant: DC2122B173355E7C31743C5ACA089F974EAEE7865E4D4651A7E49C20B1C6963C
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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