Birdwatch Note Rating
2025-04-08 03:44:17 UTC - NOT_HELPFUL
Rated by Participant: 4B25715D8BA10FFE9879C05071219C999DD8B94497FA01C2A63E253B4E3C5A57
Participant Details
Original Note:
Tariffs raise the price of locally-produced goods by eliminating foreign competition, allowing local companies to increase prices. (In addition, if tariffs did not increase prices for locally-produced goods, they would not incentivize onshoring or domestic manufacturing.) https://en.wikipedia.org/wiki/Tariff#Basic_economic_analysis https://pubs.aeaweb.org/doi/pdf/10.1257/jep.33.4.187?trk=public_post_comment-text
All Note Details