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The Panama Canal has implemented water-saving measures to prepare for potential weather impacts from the looming El Niño climate pattern, leading to draft restrictions and increased fees for ocean carriers.
Honeywell Aerospace is working to address supply chain issues that have hindered its ability to meet customer demand. The company has identified a small number of underperforming suppliers and is implementing process improvements to increase production capacity.
Gravis Robotics, a Zurich-based company, has announced a $200 million investment from SoftBank for its Series A round, marking the largest in construction robotics history.
President Trump has signed a proclamation imposing 100% tariffs on certain drones and their components, citing national security threats. The move aims to reduce reliance on foreign supply chains, particularly China's dominant drone market, while incentivizing domestic production. The tariffs vary by drone type and origin, with allies facing lower rates. The administration is also tightening restrictions on defense procurement from foreign entities.