Jennifer Thomas, senior vice president of corporate affairs at American Honda Motor Co., called a planned Jan. 1 increase in US tariffs on Canadian vehicles and parts catastrophic.
Honda urges Canada, the US and Mexico to keep a shared trade framework
President Donald Trump threatened to raise tariffs on Canadian vehicles and parts from 25% to 50% if the two countries do not reach a trade deal. Thomas spoke during a Reuters automotive conference in Detroit. She urged the US, Canada and Mexico to preserve a trilateral North American trade framework rather than rely on bilateral agreements.¹
Thomas said the countries should include Mexico and reach a trilateral deal like the United States-Mexico-Canada Agreement, or USMCA. She said, “We need that trilateral agreement to stay in place in order for the U.S. industry to be competitive.” Honda is the second-largest vehicle producer in Canada, behind Toyota Motor, and says more than 60% of the vehicles it sells in the US are made domestically across multiple assembly plants.¹
Thomas said the countries should include Mexico and reach a trilateral deal like the United States-Mexico-Canada Agreement, or USMCA.
US Trade Representative Jamieson Greer announced that the US would not automatically extend the USMCA, moving it to an annual review instead of a 16-year trilateral extension. Trump negotiated the pact to replace the North American Free Trade Agreement during his first term; it took effect in 2020. Trump accused Canada of “ripping off the United States of America for years.” Thomas said she was “cautiously optimistic” that cooler heads would prevent the tariff increase and welcomed renewed US-Canada talks, including easing levies on aluminum. She said she never thought North America would be put at a disadvantage like this. The administration’s trade deals with Japan and South Korea include 15% vehicle tariffs.¹
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Read More →Anthropic outlines its planned Nasdaq listing and financial risks
Anthropic warned that AI could pose “catastrophic or existential risks to humanity” as it detailed plans for a US stock market listing. The company said it would list on the Nasdaq under the symbol ANT. The planned offering would make Anthropic the first fully AI-focused company to go public. It has not disclosed the number of shares, their price range or a listing date, and announced its intention to go public in June.¹²
The Claude chatbot developer reported $16.3bn (£12.2bn) in revenue for the first half of the year and losses of more than $80.7bn. Anthropic’s valuation was projected to exceed SpaceX’s initial valuation of about $1.8 trillion, described as the biggest-ever listing in the summer. The company’s financial filings showed losses exceeding revenue for that half-year, while it said it would make forward investments “that may seem irresponsibly large at first glance.”²
Anthropic said advanced AI systems could pose catastrophic or existential risks if they were not developed, deployed and operated with appropriate safeguards, oversight and security. It said the danger would be particularly acute if systems were misused, replicated, weaponised or allowed to operate with a high degree of autonomy. The company also said AI could unlock “millions of virtual agents with the ability to revolutionise every area of human endeavour” and “profoundly accelerate the rate of progress in biology and medicine,” potentially helping find cures for cancer and Alzheimer’s.²
Chief executive Dario Amodei, his sister Daniela Amodei and five others founded Anthropic five years ago. The company said its success depends largely on developing the most advanced AI models and warned that “any failure to do so could adversely affect our business.” It said, “In general, we will aim to be bold but sane, and to win trust with a track record of successful bets.” The owners of the rights to Elvis Presley’s music sued Anthropic, accusing it of using hundreds of the rock-and-roll star’s songs to train Claude.²
OpenAI quickly followed Anthropic’s announcement, and the reported timetable placed its listing early next year. The planned public offering comes as Anthropic has warned about both the potential harms and the possible uses of its AI systems.²
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Read More →Anthropic said advanced AI systems could pose catastrophic or existential risks if they were not developed, deployed and operated with appropriate safeguards, oversight and security.
Trade exposure and AI finance reshape career bets
If you work in auto manufacturing or supply chains, weigh the tariff risk before committing to a role tied to cross-border production. Honda’s executive called a planned Jan. 1 tariff increase on Canadian vehicles and parts catastrophic, and the U.S. moved the USMCA to an annual review instead of a 16-year extension. That means jobs in plants or suppliers dependent on North American trade face sudden cost shifts. Before accepting a position, ask whether the employer’s production is domestic or relies on Canadian or Mexican inputs, since a 50% tariff would directly hit those operations.¹²
For tech careers, the AI sector’s public listings signal a new financial reality. Anthropic reported $16.3bn revenue but losses over $80.7bn in half a year, and it plans to list on Nasdaq under ANT. This means AI companies hire aggressively but operate at deep losses, so negotiate equity carefully and expect volatility. Also, Anthropic warns AI could pose catastrophic risks if misused, which points to growing demand for safety, oversight, and security skills. If you enter this field, build expertise in AI safeguards, not just model development, as regulatory action and risk concerns shape the industry’s future.¹²
Sources
Written by Career Ahead AI. AI can make mistakes, so verify key facts. Report errors to support@careeraheadonline.com
