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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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Israeli Strikes Claim Lives in Gaza as Ceasefire Talks Resume

 

In a tragic escalation of violence, Israeli military strikes have killed dozens of people in the Gaza Strip, including women and children. The strikes, which took place over the past 24 hours, have brought the death toll to 62, according to Palestinian medics. The attacks targeted various locations, including residential areas and a house in Gaza City, where 12 people were killed.

As the death toll rises, mediators have launched a new push for a ceasefire in Qatar. The talks, brokered by Qatari and Egyptian mediators with the support of the U.S. administration, aim to bring an end to the 15-month-long conflict and secure the release of Israeli hostages.

The situation remains tense, with both sides expressing a commitment to reaching an agreement, though it remains unclear how close they are to a resolution. The international community continues to call for an end to the violence and for humanitarian aid to reach those affected by the conflict.

The ongoing conflict has already displaced most of Gaza's 2.3 million residents and caused widespread destruction. As the talks proceed, the hope is that a ceasefire can be achieved to prevent further loss of life and suffering.




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