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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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Canada and Germany Forge Critical Minerals and Energy Pact to Bolster Clean Transition

 

                                       Prime Minister Mark Carney, left and German Chancellor Friedrich Merz.

Prime Minister Mark Carney and German Chancellor Friedrich Merz have signed a landmark agreement aimed at securing critical mineral supply chains and deepening energy cooperation between Canada and Germany.

The joint declaration commits both nations to co-funding natural resource projects, expanding research and development, and collaborating on clean energy initiatives such as liquefied natural gas (LNG) and hydrogen. Carney emphasized that Canada’s vast reserves of nickel, cobalt, and other key minerals have been underdeveloped for too long, while global markets remain dominated by China and Russia.

The partnership is designed to strengthen transatlantic security, accelerate the clean energy transition, and create high-value jobs in both countries. Special envoys have been appointed to advance the initiative, with Canada’s Isabella Chan and Germany’s Matthias Koehler leading the effort.

During their Berlin meeting, Carney and Merz also discussed the war in Ukraine, reaffirming that no decisions about the country’s future should be made without its direct involvement.

This agreement marks a significant step in Canada’s strategy to diversify trade partnerships and position itself as a reliable global supplier of critical resources.

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