Insights

Weekly Market Commentary – 28th August 2026

28 August 2026

This week attention has been focused on the latest trade spat between the US and Canada as negotiations to avoid new US tariffs collapsed. Bad-tempered accusations have been exchanged and reciprocal tariffs of up to 50% have now been imposed on a range of goods. Yet the economic effect is limited as the new tariffs cover only a fraction of the volume of trade across the US-Canadian border.