John Ydstie

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

MARY LOUISE KELLY, HOST:

Updated at 2:21 p.m. ET

The Federal Reserve increased a key interest rate again Wednesday, which will trigger higher rates on credit cards, home equity lines and other kinds of borrowing.

The Trump administration's mixed signals on implementing tariffs is causing uncertainty for many businesses whose costs could rise if tariffs are imposed. Delaying decisions about hiring and signing contracts could hurt not only the individual businesses, but the economy as a whole.

Update: On June 15, Lucerne International CEO Mary Buchzeiger said she had been notified that the auto door hinges manufactured by her company had been removed from the Trump administration's list of goods that would be subject to a 25 percent tariff.

Update: On June 15, Lucerne International CEO Mary Buchzeiger said she had been notified that the auto door hinges manufactured by her company had been removed from the Trump administration's list of goods that would be subject to a 25 percent tariff.

The last time Mary Buchzeiger was in Washington, D.C., she was a 13-year-old on an eighth-grade trip.

This week, as the head of a small company that supplies parts to automakers, she joined other business leaders in the nation's capital to talk about President Trump's proposed tariffs aimed at China.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

AUDIE CORNISH, HOST:

Pages