Comparative advantage works—until it doesn’t. For critical sectors like semiconductors and medication precursors, domestic production isn’t inefficient—it’s national insurance.
Duties distort trade by raising prices and hiding true costs—consumers end up paying more, even for equal-quality goods. Understanding trade and comparative advantage matters more than ever.
On June 3, 2025, U.S. President Donald Trump signed an executive order doubling tariffs on imported steel and aluminum from 25% to 50%. This move is part of a broader protectionist strategy aimed at shielding American manufacturers from foreign competition.
On June 3, 2025, U.S. President Donald Trump signed an executive order doubling tariffs on imported steel and aluminum from 25% to 50%. This move is part of a broader protectionist strategy aimed at shielding American manufacturers from foreign competition.
Comparative advantage works—until it doesn’t. For critical sectors like semiconductors and medication precursors, domestic production isn’t inefficient—it’s national insurance.
Duties distort trade by raising prices and hiding true costs—consumers end up paying more, even for equal-quality goods. Understanding trade and comparative advantage matters more than ever.
FOR IMMEDIATE RELEASE
WBN News Global Launches Newest Edition:
WBN News – Tariff Edition
Vancouver, BC – [April 26, 2025] – WBN News Global is proud to announce the launch of its newest publication, the WBN News – Tariff Edition, designed to deliver real-time, fact-checked reporting and expert analysis on tariffs, trade wars, and
