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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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Trump Threatens Renewed Strikes on Iran, Halts Sanctions Relief

In a sharp escalation of rhetoric, U.S. President Donald Trump announced Friday that he has abandoned plans to lift sanctions on Iran and would “absolutely” consider bombing the country again if it continues its nuclear activities.

The remarks came in response to Iranian Supreme Leader Ayatollah Ali Khamenei’s claim that Iran had “slapped America in the face” following a recent 12-day conflict with Israel. Trump, in a fiery social media post, accused Khamenei of spreading “anger, hatred, and disgust,” and claimed he had personally spared the Iranian leader’s life by vetoing an Israeli plan to assassinate him.

Trump said he had been working on a sanctions relief package to aid Iran’s recovery but dropped the effort after Khamenei’s comments. “I get hit with a statement of anger, hatred, and disgust, and immediately dropped all work on sanction relief,” he stated.

The president also reiterated his support for international inspections of Iran’s nuclear sites, though Iran’s parliament recently voted to suspend cooperation with the International Atomic Energy Agency (IAEA), complicating diplomatic efforts.

The situation remains tense, with both sides trading barbs and no clear path forward for renewed negotiations.

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