Raise the stakes 😤 - Trump threatens 50% auto tariffs, Thomson Reuters launches its own AI model.

Trump is threatening to crank tariffs on Canadian autos, auto parts, and steel to 50% in January, a sign the White House is prepared to drag the trade war into the new year after talks with Canada collapsed.

Plus, Thomson Reuters has launched its own custom AI model for legal and accounting customers, betting that cheaper, specialized tools can win back enterprise clients from frontier AI labs.

And in The Big Picture: Canada awards an $11 billion icebreaker contract, the U.S. proposes a six-figure H-1B visa fee, Iran threatens ships in the Strait of Hormuz, Hugging Face talks acquisition, Shein heads to market, and more.

The Peak Daily is produced in partnership with reframevid.com