The United States doubled tariffs on steel and aluminium imports on Wednesday, activating a hike in the duties on the imported metals to 50% from the 25% rate introduced in March. The day also marks the Trump administration’s deadline for trading partners to submit their “best offers” to avoid further steep import duties set to take effect in early July.

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,