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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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Market Turmoil Deepens as Iran Conflict Drives Energy Prices Higher

 

Energy markets surged while global stocks and bonds faltered amid escalating fears that the conflict involving Iran could drag on, disrupting vital oil and gas supplies. Oil and gas prices jumped sharply, with crude futures rising more than six percent and European natural gas prices spiking over 39 percent following attacks on key processing facilities and the effective shutdown of the Strait of Hormuz, a critical route for global oil shipments. 

Stock markets across major regions opened lower as investors reacted to the heightened geopolitical risk. U.S. equities initially fell sharply before stabilizing, while European and Asian markets broadly retreated. The uncertainty surrounding energy supply and rising inflation concerns also weighed heavily on bond markets, with traders offloading government debt as the conflict showed no signs of easing. 

The combination of surging energy prices, geopolitical instability, and inflationary pressure has left investors bracing for prolonged volatility. Many now fear that a drawn-out conflict could further strain global supply chains and slow economic growth, adding to the financial market turbulence already underway.

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