And an electronics manufacturer said President Donald Trump’s sweeping policy changes are “raising hell with businesses.” These accounts — and the picture they paint about the US economy — come from various surveys of businesses released this week from the Federal Reserve,

U.S. President Donald Trump hiked nearly all of his tariffs on steel and aluminum imports to a punishing 50% on Wednesday in a move that’s set to hammer businesses from automakers to home builders, and likely push up prices for consumers even further.