Trade talks between the US and Canada collapsed Friday in part amid a last-minute standoff over cutting US tariffs on Canadian medium- and heavy-duty vehicles, people familiar with the matter said. Both countries had the outline of a deal, which would have lowered US sectoral tariffs on autos, steel, aluminum and lumber, and were locked
BERLIN — The German government expects it will need almost €12 billion — roughly $14 billion — to build a new arsenal of long-range weapons aimed at deterring Russia, according to defense ministry documents seen by POLITICO. The weapons would give German forces the ability to hit military targets hundreds or even thousands of kilometers
Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies to get inflation under control. The professor of applied economics at Johns Hopkins University is now helping Venezuela and has been named a special advisor to the country’s National Assembly. He told Fortune’s Shawn Tully that his
Your shots of Fireball could soon get pricier. The Trump administration’s threatened 50% tariffs on some popular Canadian goods went into effect Saturday morning after trade talks with its northern ally fell apart the night before. Canadian Prime Minister Mark Carney later announced a series of dollar-for-dollar counter-tariffs on imported US goods. Those tariffs will
Chinese humanoid robots broke records set by humans, including beating Usain Bolt’s 100-meter sprint world record, on the opening day of the Olympics-like World Humanoid Robot Games in Beijing on Saturday. More than 2,000 humanoid robots were participating in the event, the organizer said. The five-day games, now in its second year, are a spectacle demonstrating China’s
The robot uprising may have to wait. For now, the machines are still running headfirst into walls, both literal and metaphorical. That reality was on grand display at the second iteration of the World Humanoid Robot Games, a five-day competition held in China where robots compete in Olympic-style events, which kicked off on Saturday. Notably,
