Businesses finally got a bit more certainty on the direction of President Donald Trump’s trade war, but it’s not making it much easier to digest. A half-dozen leaders from financial firms, corporations and trade groups said in interviews that the series of tariff rates Trump unveiled Thursday night were steeper than they had expected,

President Trump signed an order imposing sweeping new reciprocal tariffs on imports from across the world. The tariff rates go into effect in a week.