Earlier edition · Q1 2026Archive · Manufacturing
Convergence Report · Q1 2026

When tariffs and carbon arrived in the same quarter as the automation proof

Three forces hit manufacturing simultaneously in Q1 2026: US tariffs reached a 17% effective average, the EU Carbon Border Adjustment Mechanism launched its definitive phase at €75.36/tCO₂, and robotics VC funding hit $2.26 billion in a single quarter. None of this required insider access · it was all public. What required effort was reading it together.

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