Today’s edition of quick hits.

* Making a misguided trade war worse: “The Trump administration said Tuesday night it would ban the import of certain Canadian goods in three weeks, in a major escalation of the trade war between the two countries. President Donald Trump said the United States would ban imports of some Canadian alcohol, motorcycles, molasses and other products starting later this month, in several proclamations.”

* Remember that when the bond market generates big headlines, it’s nearly always bad news: “The bond market issued a swift rebuke to the Trump administration’s latest attempt on Wednesday to lower borrowing costs, as the 10-year Treasury yield rose to its highest level in roughly three years.”

* Making the affordability crisis worse: “The global price of oil reached $100 a barrel on Wednesday for the first time since July as tensions in the Middle East escalated. That’s nearly 40 percent higher than on the eve of the war in Iran.”

* Crisis conditions in Yemen: “The Iranian-backed Houthi militia said on Wednesday that Saudi forces had launched dozens of airstrikes in Yemen, as the country tips toward another full-blown war after weeks of mounting hostilities.”

* On Capitol Hill: “A nonpartisan entity charged with reviewing misconduct allegations has cleared Rep. Ilhan Omar (D., Minn.) of wrongdoing in connection with documents she submitted to Congress that dramatically overstated her wealth. The Office of Congressional Conduct, which reviews allegations concerning House members and staff, made the determination after opening an investigation into Omar earlier this year.”

* Vaccines work: “A new study has found that no cases of cervical cancer have been detected in young women who have been fully-vaccinated as part of the HPV immunization program. The Public Health Scotland (PHS) research said the HPV (human papillomavirus virus) vaccine was ‘highly effective’ in preventing the development of the cancer.”

* A warning from a researcher who has trained AI models at both Anthropic and OpenAI that’s hard to overlook: “A researcher for artificial intelligence developer Anthropic resigned publicly on Tuesday, citing concerns that it and other leading AI companies are “gambling with our lives” as they compete to develop self-improving models, adding to mounting fears about the safety of the emerging technology.”

See you tomorrow.

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