Birdwatch Note Rating
2025-02-02 19:34:52 UTC - HELPFUL
Rated by Participant: E03521F6F9EB5F87228BC858699B6B2BD9AAB41D4D66299B994A806A1E48CA7D
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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