Birdwatch Note Rating
2025-04-05 15:00:16 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F91F768DA9AE17C8E6068AD7C8D6A105A51431A4A2DA9148CD52D8B4325FC6D9
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