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5 Things to Know Today: US Import Ban, Oil Tops $100, TSX Slides, ECB Hikes

  September 10, 2026 A big trade-war escalation, a return of $100 oil, a wobbly TSX, and a central bank on the move overseas — here's what's moving markets and your wallet this morning. 1. Washington Bans Canadian Alcohol, Dairy Ingredients and Motorcycles The trade war jumped up another notch Tuesday night. The White House issued executive orders banning imports of most Canadian alcoholic beverages — beer, wine, whisky, vodka, rum, tequila and more — along with whey protein, molasses and non-alcoholic beer, plus Canadian-made motorcycles. The bans take effect September 29. Several cheese products were added to the existing 50% tariff list rather than banned outright, and Trump's threat to raise auto tariffs from 25% to 50% on January 1 remains on the table. The move follows Canada's own $27.6-billion retaliation tariffs, which took effect at midnight Tuesday. Trade Minister Dominic LeBlanc called the U.S. measures "unjustified." What it means for you: This m...
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Tragedy in Gaza: Israeli Airstrike on Post Office Claims Lives of 30 Palestinians


In a devastating incident, an Israeli airstrike targeted a post office in the Nuseirat camp in central Gaza, resulting in the deaths of at least 30 Palestinians and injuring 50 others. The post office had been serving as a shelter for families displaced by the ongoing conflict, which has now entered its 14th month.

The Israeli military stated that the strike aimed to eliminate a senior member of the Islamic Jihad, a militant group accused of exploiting civilian infrastructure for its activities. However, the attack has drawn widespread condemnation due to the high civilian casualties and the destruction of a facility providing refuge to those already suffering from the conflict.

Earlier on the same day, two additional Israeli airstrikes in southern Gaza killed 13 Palestinians who were reportedly guarding humanitarian aid trucks. The Israeli military claimed these individuals were Hamas militants attempting to hijack the aid shipments.

The ongoing violence has exacerbated the humanitarian crisis in Gaza, with thousands of families displaced and essential services severely disrupted. Efforts by international mediators to broker a ceasefire have so far been unsuccessful, leaving the region in a state of perpetual turmoil.


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