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5 Things to Know Today: 10 Days to the Tariff Deadline, Gold's Record Run, and a CPI Date to Circle

  Ten days to the tariff deadline, gold at a record high, and the TSX just wrapped its best week since April. Here's what actually affects your wallet today. 1. Canada's negotiators are camped out in Washington as the tariff deadline hits 10 days With Donald Trump's threatened 50% tariff on a wide range of Canadian goods set to hit August 19, Canadian officials are reportedly setting up shop at the embassy on Pennsylvania Avenue for a full-court press. Multiple sources say both sides are "cautiously optimistic" about an interim deal — one that would leave some tariffs on steel and aluminum in place (reportedly 10-15% on steel inside a negotiated quota, lower single digits on aluminum) in exchange for relief on the broader 50% list covering everything from dairy and alcohol to furniture and building materials. Nothing is signed yet, and Ottawa has said it isn't pushing for an extension past the 19th. What it means for you: If you buy imported wine, cheese, fur...
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Tropical Storm Debby Brings Deluge and Flooding Threat to Southeastern United States

 

Tropical Storm Debby, which made landfall in Florida as a Category 1 hurricane, is now moving northeast over Georgia, posing a major threat of flooding and storm surges for the southeastern United States. As of now, at least five deaths have been confirmed, including a 13-year-old boy from Gainesville, Florida, a 19-year-old man from southern Georgia, and a 64-year-old truck driver from Mississippi.

The storm is expected to produce potentially historic rainfall totals of 10 to 20 inches, with maximum amounts of up to 30 inches in some areas. The National Hurricane Center has issued warnings of “catastrophic flooding” across eastern Georgia, the coastal plain of South Carolina, and southeast North Carolina.

More than 150,000 customers in Florida, Georgia, and South Carolina are currently without power due to Debby’s impact. Additionally, authorities in Georgia’s Chatham County are closely monitoring low-lying areas likely to flood.

Stay safe and informed as this slow-moving storm continues to affect the region! 


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