Your task is to predict the verdict of a claim based on the provided question-answer pair evidence. The possible labels are: 'Supported', 'Refuted', 'Not Enough Evidence', 'Conflicting Evidence/Cherrypicking'. Justify your answer using the provided evidence and select the correct label.

Claim: There is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today. This has been proven recently when only 4 points were paid by the U.S., 21 points by China because China subsidizes product to such a large degree.

Q1: What tariffs is Donald Trump talking about?
A1: On September 24th 2018, the United States introduced import tariffs on a wide range of
Chinese products. The tariffs will affect US imports from China with a value that exceeds
USD 250 billion -around 50% of all imports

Q2: What study is Trump quoting here?
A2: Trump is quoting from a study by European economists that predicted that a 25-percentage-point increase in tariffs raises U.S. consumer prices on all affected Chinese products by only 4.5 percent on average, while the producer price of Chinese firms declines by 20.5 percent

Q3: Is this backed up by other sources?
A3: No, because The study was released in November, using previously released studies from the 1990s, not actual data on prices. But a paper published March 2, by three prominent U.S. economists, found exactly the opposite had happened when actual trade data was studied.
user
justification: Study quoted in question 3 says the opposite has happened.

verdict: 'Refuted'
assistant