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Sept 15 Tariff Shift: What's Actually Changing on Canadian Goods (And What Isn't)

  Published September 12, 2026 At 12:01 a.m. ET on Tuesday, September 15, a new round of U.S. tariff changes takes effect on Canadian goods. If you've seen headlines calling this a "new 50% tariff on Canadian steel, aluminum and paper," here's the more accurate story: it isn't a new tariff at all. It's the U.S. reshuffling which products fall under a 50% tariff that's already been in place since August 22 — adding some categories, removing others, on the same day. Here's what's actually happening, and why it matters more to Canadian manufacturers and cross-border shoppers than to your everyday grocery bill. The tariff this modifies Back on August 22, 2026, the U.S. imposed a 50% tariff under Section 338 of the Tariff Act of 1930 on roughly $20 billion CAD of Canadian goods. The White House framed it as retaliation for Canadian "discrimination" against U.S. alcoholic beverages, dairy, and motor vehicles — three separate proclamations, eac...

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Stock Market Hits Pause as Investors Eye Jobs Data; Bitcoin Surges Past $100,000

                                        

US stock futures stalled on Thursday as investors awaited fresh jobs data, causing the Nasdaq, Dow, and S&P 500 to hit a pause on their recent rallies. Meanwhile, Bitcoin continued its impressive run, surpassing the $100,000 mark.

Market Movements

  • Dow Jones Industrial Average (YM=F): Futures were little changed, signaling a pause in the record-setting rally that saw the Dow close above 45,000 for the first time.
  • S&P 500 (ES=F): Contracts hovered below the flat line, with investors counting down to Friday's monthly jobs report.
  • Nasdaq 100 (NQ=F): Also saw little movement, with futures hovering below the flat line.

Bitcoin's Surge

Bitcoin (BTC-USD) reached around $102,500 after breaking through the key $100,000 level late on Wednesday. This surge is driven by hopes for a crypto-friendly administration under President-elect Donald Trump, who nominated Paul Atkins to chair the Securities and Exchange Commission.

Economic Indicators

Investors are closely watching Friday's nonfarm payrolls report for a reality check on Federal Reserve Chair Jerome Powell's upbeat take on the US economy. A strong jobs report could impact the market's belief in a December rate cut.

Conclusion

As the stock market takes a breather, all eyes are on the upcoming jobs data and Bitcoin's continued ascent. The market's reaction to these events will be crucial in shaping investor sentiment moving forward.



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