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5 Things to Know Today: Tariff Deadline, Oil Surge and a Gold Record

  Tuesday, August 18, 2026 Tomorrow is the deadline day everyone's been counting down to, oil just hit its highest level in weeks, and gold won't quit. Here's what's actually moving your money today — and what to do about it. 1. Canada's Tariff Deadline Is Tomorrow — and There's Still No Deal The U.S. deadline for a new 50% tariff on a broad slate of Canadian goods — dairy, alcohol, and a long "motor vehicles" list that actually covers electronics, furniture, building materials, plastics, clothing, footwear, toys, machinery, cosmetics and agricultural goods — hits at 12:01 a.m. ET Wednesday, August 19. Canada's top negotiators, Dominic LeBlanc and Janice Charette, spent the weekend in Washington meeting U.S. Trade Representative Jamieson Greer, but the session wrapped Sunday without an announcement. LeBlanc's only comment on his way out: "we're going to continue working. Our job is not yet done." Unlike most past rounds, CUSMA eli...
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Israeli Cabinet to Vote on Ceasefire Deal with Lebanon

 

The Israeli cabinet is set to convene on Tuesday to vote on a proposed ceasefire deal with Lebanon, according to a senior Israeli official. This meeting comes amid ongoing hostilities and follows a year of cross-border hostilities between Israel and Hezbollah.

The proposed deal, backed by the United States, includes an Israeli military withdrawal from southern Lebanon and the deployment of Lebanese army troops in the border region within 60 days. A five-country committee, including France and chaired by the United States, will monitor compliance with the ceasefire.

Despite the diplomatic progress, tensions remain high as both sides continue to engage in military actions. Israeli airstrikes have targeted Hezbollah-controlled areas in Beirut, while Hezbollah has launched rocket attacks on Israel.

Prime Minister Benjamin Netanyahu's office has yet to comment on the reports, but the senior Israeli official confirmed that the cabinet meeting is intended to approve the ceasefire text.

The outcome of Tuesday's vote could mark a significant step towards ending the conflict and bringing stability to the region.




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