Fed survey finds worries over restrictions' impact

WASHINGTON - The Federal Reserve's latest national survey has found that US businesses are growing increasingly concerned about the impact higher tariffs could have on their companies and the overall economy.

The Fed reported recently that the economic outlook remains positive, with growth continuing at a moderate pace in the central bank's 12 regions.

But its latest survey of economic conditions around the country also found that various industries - from manufacturing to farming and transportation - are worried about possible penalty tariffs on China and those already slapped on imports of steel and aluminum.