Birdwatch Archive

Birdwatch Note Rating

2025-04-04 23:42:29 UTC - HELPFUL

Rated by Participant: D251607CCA763730D70CD0EA4B118B3DD3DB36F533A12987E61212BF85FC9B9D
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Original Note:

Tariffs also increase the prices of American made goods. With higher prices on foreign goods, American firms face less competition and also increase their prices. This happened when Trump put tariffs on washing machines in his first term: https://www.investopedia.com/what-happened-the-last-time-trump-imposed-tariffs-8785151

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