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What to Actually Buy (or Skip) Before the Aug. 19 Tariffs Hit

  Pulished August 15, 2026 Four days out, the "stock up now" advice making the rounds is mostly aimed at exporters, not shoppers. Here's what genuinely moves the needle on your car, wine, and grocery bill — and what's just noise. At 12:01 a.m. ET on Wednesday, a new round of U.S. tariffs is set to hit roughly $20 billion worth of Canadian exports — dairy, alcohol, and vehicles among them — unless Ottawa and Washington reach a deal first. As of this weekend, the signals are genuinely mixed. Canada's chief trade negotiator, Janice Charette, told a government advisory group Friday that there's still "a significant amount of work to do," with talks expected to run through the weekend. At the same time, industry executives following the negotiations told the Washington Post the two sides are inching closer to an arrangement that would pair Canadian concessions on autos, alcohol, and dairy with commitments on energy, defence, and critical minerals — in e...
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Wall Street Rebounds: U.S. Stocks Hit Record Highs After Tariff Turmoil

In a dramatic turnaround, U.S. stock markets closed at all-time highs on Friday, just months after a steep plunge triggered by fears over escalating tariffs. The S&P 500 rose 0.5%, surpassing its previous record set in February, while the Nasdaq Composite and Dow Jones Industrial Average also posted gains of 0.5% and 1%, respectively.

This milestone marks a swift recovery from a nearly 20% drop earlier in the year, when uncertainty surrounding the Trump administration’s trade policies rattled investors. The rebound was fueled by easing tensions with China, a preliminary trade deal, and signs of resilience in consumer spending despite inflationary pressures.

Nike led the charge with a 15.2% surge, even as it warned of tariff-related challenges. Meanwhile, oil prices stabilized and inflation data came in largely as expected, helping to calm market nerves.

Though concerns remain—particularly around ongoing trade negotiations and inflation—the market’s resilience has offered investors a renewed sense of optimism. As one strategist put it, “Investors will breathe a sigh of relief”.

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