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Trump’s Oct. 30 Tariff Swap: Who Wins, Who Loses, and What It Means for Your Wallet

  Canadian Money Brief • October 27, 2026 Washington just reshuffled the 50% tariffs on Canadian goods. Seaweed and packing boxes are out. Vinyl flooring, cocoa powder and shampoo are in. Here is who comes out ahead, who doesn't, and what to do with your money before the changes take effect on Oct. 30. The short version This is a reshuffle, not a rollback: more products are going onto the 50% list than coming off it, according to a KPMG Law trade lawyer. Politics is the driver. The exemptions followed U.S. Sen. Susan Collins' push, 10 days before the U.S. midterms. Canada's own counter-tariffs, which affect prices in your store, are not changing. A broad trade deal before the midterms looks unlikely. What's coming off, what's going on The White House changes take effect at the end of this month. Reports from CTV News and Money.ca describe the swap this way: Coming off the 50% list Going onto the 50% list Seaweed Packing boxes Some plywood sheets Certain paper and pl...
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Stock Market Today: World Shares Mostly Advance After Wall St Comeback from Worst Loss Since 2022

Shares were mostly higher in Asia and Europe on Friday following a patchy comeback by Wall Street from its worst loss since 2022. Here are the key highlights:

  • Asia:
    • Tokyo: The Nikkei 225 index initially gained but later slipped 0.5% to 37,667.41. Tokyo’s core consumer price index rose 2.2% in July, adding to expectations that the Bank of Japan may raise its near-zero benchmark interest rate.
    • Hong Kong: The Hang Seng edged 0.2% higher.
    • Shanghai: The Composite index edged 0.1% lower.
    • Seoul: The Kospi surged 0.9%.
    • Taiwan: The Taiex sank 3.3% after reopening following a typhoon-related closure.
  • Europe:
    • Germany: The DAX edged 0.2% higher.
    • France: The CAC 40 rose 0.8%.
  • U.S. Futures and Oil Prices:
    • U.S. futures and oil prices also saw gains.

The split performance on Wall Street saw general stocks and other previously downtrodden areas rise, while Big Tech stocks gave back some of their recent gains. Overall, markets remain volatile, influenced by global economic conditions and investor sentiment.

Remember to stay informed and consider professional advice when making investment decisions. 


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