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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 Unveils $100K Visa Fee and $1M ‘Gold Card’ in Sweeping Immigration Overhaul

                                     Trump Adds $100,000 H-1B Visa Fee and Rolls Out $1 Million ‘Gold Card’


President Donald Trump has announced a dramatic shift in U.S. immigration policy, introducing steep new costs for skilled worker visas and unveiling a premium residency option for the wealthy.

Under the new rules, applicants for the H-1B visa — widely used by technology companies to hire foreign talent — will face an annual $100,000 fee, a sharp increase from the current few thousand dollars in application costs. The administration argues the measure will ensure companies prioritize American workers while reserving visas for only the “most valuable” foreign professionals.

Alongside the H-1B changes, Trump introduced a “Gold Card” visa, which grants residency rights to individuals who contribute $1 million to the U.S. Treasury. Corporations may sponsor foreign employees for $2 million, while a higher-tier “Platinum Card” priced at $5 million would allow extended stays without U.S. tax obligations on foreign income.

Commerce Secretary Howard Lutnick said the new system will replace existing employment-based green card categories, reducing the number of visas available overall. Critics warn the policy could disrupt industries reliant on foreign talent, particularly in technology, while creating a two-tier immigration system favoring the ultra-wealthy.

Trump defended the move, saying the fees will generate “hundreds of billions of dollars” to reduce taxes and national debt, while ensuring that only “top, top people” enter the country.

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