The Trump administration’s tariffs are facing a major challenge in front of federal judges. Meanwhile, Mexico got a 90-day reprieve from higher rates.

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,