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AI Minister Backs Anthropic’s ‘Responsible’ Mythos Rollout as Regulation Tightens

  Artificial Intelligence Minister Evan Solomon will meet with Anthropic leaders in response to concerns about the company’s new AI model. Canada’s Artificial Intelligence Minister says Anthropic is taking a “responsible and safety‑first approach” with its newly announced Mythos model family — a comment that comes as governments worldwide race to regulate rapidly advancing AI systems. According to public statements, the minister highlighted Anthropic’s emphasis on model transparency, safety evaluations, and controlled deployment , noting that these practices align with Canada’s push for clearer AI accountability standards. While the remarks were not tied to any specific policy change, they signal growing government interest in how frontier AI models could affect everything from cybersecurity to labour markets. For markets, the reaction has been modest but notable. AI‑linked equities — particularly cloud providers and chipmakers — saw small early‑morning gains , reflecting inves...

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Trump Doubles Tariffs on Steel and Aluminum Imports to 50%

In a bold move aimed at bolstering domestic industry, U.S. President Donald Trump has announced that tariffs on steel and aluminum imports will be doubled from 25% to 50%, effective Wednesday, June 4. Speaking at a rally in Pennsylvania, Trump emphasized that the increased tariffs would protect American steelworkers and ensure the survival of the U.S. steel industry.

Trump also highlighted a planned partnership between U.S. Steel and Japan’s Nippon Steel, which he claims will bring significant investment into American steel production. However, details of the deal remain unclear, and concerns persist among labor unions regarding its impact on workers.

The tariff hike is the latest in Trump’s aggressive trade policies since returning to office in January. While supporters argue that such measures safeguard American jobs, critics warn that they could escalate trade tensions and drive up costs for industries reliant on imported metals.

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