Birdwatch Note Rating
2025-04-05 14:10:23 UTC - NOT_HELPFUL
Rated by Participant: B2E2AB75602DF1B7B95D01623EB87ED941828D3E51048FB65AE5EBA0D01DE5F3
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