Skip to main content

Featured

5 Things to Know Today: The Tariff Deadline Hits Tonight

  August 21, 2026 Here's what's moving markets and your money today, in five minutes or less. 1. The Tariff Deadline Hits Tonight The three-day pause President Trump granted on Tuesday runs out at the end of today. If the paperwork isn't finalized, the fallback deadline is 12:01 a.m. ET Saturday. Reported terms would cut steel and aluminum tariffs to 25% from 50% and autos to 15% from 25%, with Canada opening dairy market access and dropping retaliatory tariffs in return -- but as of last night, nothing was signed. What it means for you: Steel, aluminum, auto, and dairy stocks (and anyone in those supply chains) are the ones to watch today. A signed deal likely steadies the loonie and the TSX; a collapse likely does the opposite. 2. The TSX Slipped to a Two-Week Low The TSX closed Thursday at 36,365.42, down 0.10% and its lowest close in two weeks. Bank stocks fell as bond yields climbed, while gold miners and energy names rallied. What it means for you: This is rotation,...
Post a Comment
Read more

article

Labels

Tensions Escalate: Pakistan Warns of Imminent Indian Strike


In a significant development, Pakistan's Information Minister, Attaullah Tarar, has claimed that the country possesses "credible intelligence" indicating that India plans to launch a military strike within the next 24 to 36 hours. This assertion comes amidst heightened tensions between the two nuclear-armed neighbors following a deadly attack in Indian-administered Kashmir that claimed 26 lives.

Tarar stated that India intends to use the recent Pahalgam incident as a pretext for aggression, a claim that India has not yet commented on. Pakistan has denied any involvement in the attack and has called for a neutral investigation. Meanwhile, both nations have taken retaliatory measures, with India suspending the Indus Waters Treaty and Pakistan closing its airspace to Indian flights.

The situation has drawn international attention, with fears of escalation between the two countries. Pakistan has warned that any act of aggression will be met with a decisive response, emphasizing that India would bear full responsibility for any consequences in the region.

The unfolding events underscore the fragile relationship between the two nations, with the world watching closely for further developments.

Labels:

Comments

Post a Comment