Over time, these import taxes can raise costs, lower wages and slow the economy. Here's why the middle class could lose big.

Third, geographically differentiated subsidies can reduce deadweight loss, but only modestly. Fourth, the current federal purchase subsidy of $7500 has greater deadweight loss than a no-subsidy policy ...

Trump threatens to increase steel tariffs to 50%, impacting U.S. economy, consumer demand, and domestic production negatively ...