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Good morning.

Here’s what you need to know:

When the help hurts

• U.S. corporations have broadly embraced President Trump’s pro-business stance, but some of the industries that he has vowed to help say that his proposals will actually hurt them.

The leader of a nonpartisan research organization in Washington described the administration’s approach as a “whac-a-mole policy” that doesn’t account for the complexity of global commerce. “The law of unintended consequences abounds,” he said.

Our reporters looked at the effects of recent trade actions, and uncertainty, on metal producers in the Rust Belt, the energy sector and automakers.

A White House spokesman, Raj Shah, acknowledged that some plans might not be to the liking of specific industries, but added: “A lot of these groups benefit from broader policies — all these groups benefit from the tax cut and regulatory relief.”