GoKawiil
Tech News
Moment Energy, founded in 2019 in Vancouver, is transforming used electric vehicle batteries into energy storage solutions. The company is expanding its operations in North America, aiming to categorize its repurposed batteries as domestic products and secure safety certifications from UL. This move comes amid ongoing trade tensions and a growing demand for sustainable energy storage options.
A roundup gathers perspectives from 30 executives across industries on laws and proposed bills shaping their sectors, spanning AI accountability, healthcare policy, tariffs, clean energy and consumer protection. The leaders describe how they are responding to or advocating around legislative changes that affect their companies and customers.
An Entrepreneur contributor argues that entrepreneurs spend too much time modeling growth and too little preparing for external shocks like tariffs, regulation, taxes and technology shifts. The piece contends that businesses optimized for maximum efficiency often lose the flexibility needed to withstand sudden cost or policy changes.
Canada Rocket Company, one of three firms awarded government funding under the Launch the North program, says it will bypass building a small rocket and move directly to developing a medium-lift launch vehicle. CEO Hugh Kolias said the decision followed consultations with about 150 engineers, including senior Starship staff, who argued a small rocket wouldn't meaningfully reduce development risk. The initial government awards to NordSpace, Reaction Dynamics, and Canada Rocket Company totaled CAD 8.33 million, with larger funding signaled for the future.
The United States imposed a ban on close to $1 billion worth of Canadian imports starting early Tuesday, covering alcoholic beverages, dairy products and motorcycles. The move follows earlier 50% U.S. tariffs on about $20 billion of Canadian goods and Canada's retaliatory tariffs of 15%, 25% or 50% on U.S. imports.
The Trump administration is pursuing policies aimed at boosting domestic semiconductor production, including memory chips where the US lags foreign producers. However, proposed tariffs on imported components and materials could raise costs for American chipmakers trying to expand production.
President Trump begins two days of meetings with Chinese President Xi Jinping this week, even as years of tariffs, tech restrictions and pressure on allies have failed to isolate Beijing. China's global trade surplus is on track to hit a record $1.2 trillion in 2025, and it has expanded trade ties and rare-earth leverage worldwide while exports to the U.S. fell. Meanwhile, Trump's disputes with traditional U.S. allies over tariffs and defense spending have left some countries more hesitant to align firmly with Washington against China.
A commentary argues that the United States should prioritize building products manufactured domestically, citing repeated disruptions from the pandemic, tariffs, and geopolitical conflicts that have exposed vulnerabilities in global supply chains. The piece points to newer, economical and more sustainable American-made building materials as a viable alternative to imported goods.
Germany's automotive sector is confronting a sharp downturn, with European car sales dropping from nearly 18 million units in 2019 to about 13 million in 2025. Rising competition from Chinese manufacturers, new 25 percent US tariffs on imports, and an aging workforce have combined to push Volkswagen Group toward considering shutting four of its domestic factories, a move once thought unimaginable.
Donald Trump and Xi Jinping are set to hold their second in-person summit of the year in Washington, aiming to shore up a fragile trade truce reached in Busan. Treasury Secretary Scott Bessent acknowledged that some Chinese commitments from that earlier deal remain unfulfilled, even as both sides continue trading accusations and retaliatory trade measures. The talks arrive amid rising tension over artificial intelligence policy, shifting American tariff plans, and an Iran-related sanctions campaign that could complicate any economic breakthrough.
Trump and Xi Jinping are set for a rare high-profile meeting at the White House, with Trump personally greeting Xi at Joint Base Andrews on September 23. Ahead of the summit, Treasury Secretary Scott Bessent and trade representative Jamieson Greer are meeting China's vice premier He Lifeng to hash out an agenda covering tariffs, rare earth minerals, technology competition, and Taiwan. The immediate pressure point is the Busan trade truce, which paused tariff hikes and port fees but expires November 10.
Polymarket's aggressive push for growth reportedly outpaced its fraud controls, creating vulnerabilities that bad actors were able to exploit. The prediction market platform's scaling priorities appear to have left compliance and security measures lagging behind user growth.