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Trump's 50% Auto Tariff Threat: What It Means If You're Buying a Car in 2027

  Vehicle prices in Canada are already up thousands of dollars since the trade war began. A threatened doubling of auto tariffs on January 1, 2027 could push them higher still — here's what's confirmed, what's not, and what it means if you're in the market for a car. On Monday, U.S. President Donald Trump posted on Truth Social that tariffs on all Canadian-made cars, trucks, auto parts, and steel would rise to 50% starting January 1, 2027 — effectively doubling the current 25% rate. The threat landed hours after cross-border trade talks collapsed late Friday night, triggering a separate round of 50% tariffs on roughly $20 billion of other Canadian goods and a promised Canadian retaliation package set for September 8. For anyone shopping for a new or used vehicle in Ontario — or watching an auto-sector paycheque — here's what's actually changed, and what's still just a threat. What Trump actually announced The post is specific on rate and date but light on me...
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U.S. Job Market Shows Resilience with 227,000 New Jobs in November


The U.S. job market rebounded strongly in November, adding 227,000 jobs, a significant recovery from October's meager gain of 36,000 jobs. This bounce-back was largely due to the return of Boeing workers and the recovery from recent hurricanes. Despite this positive job growth, the unemployment rate ticked up slightly to 4.2% from 4.1% in October.

The Labor Department's report highlighted that hourly wages rose by 0.4% from October to November and 4% from a year earlier, indicating continued wage growth despite the economic challenges. The job gains were concentrated in healthcare, social assistance, leisure and hospitality, and government sectors.

Economists noted that while the job market remains strong, it has lost some momentum compared to the hiring boom of 2021-2023. The Federal Reserve's interest rate hikes aimed at taming inflation have contributed to this gradual slowdown.

Overall, the November employment report suggests that the U.S. job market is resilient but facing headwinds from higher interest rates and ongoing economic adjustments.




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