Birdwatch Note Rating
2025-04-07 05:39:07 UTC - HELPFUL
Rated by Participant: D428CBD3FB6374D38E84AD2B74E3EB94ACA87A9FDE9CD4166E5B0EDFFDAD53B4
Participant Details
Original Note:
Workers do face costs of tariffs. In Trumps first term, tariffs on steel created around 1000 jobs in steel production, but caused a loss of 75,000 ‘steel using’ jobs: https://www.investopedia.com/metal-tariffs-cost-at-least-75-times-more-jobs-than-they-saved-8789838 Companies pass the cost of tariffs onto consumers, as shown here: https://www.investopedia.com/what-happened-the-last-time-trump-imposed-tariffs-8785151
All Note Details