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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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Your daily horoscope: January 14, 2026

 

IF TODAY IS YOUR BIRTHDAY

Planetary influences on your birthday will sharpen your critical thinking skills but there will still be occasions when you are inclined to believe what other people tell you because you want it to be true. Put reason ahead of feeling each and every time.

ARIES (March 21 - April 20):

What happens over the next 24 hours may seem hugely important but it isn’t really, in fact in the greater scheme of things it will hardly register at all. If you can keep things in perspective you will enjoy life a whole lot more.

TAURUS (April 21 - May 21):

Mind planet Mercury in one of the better areas of your chart means you can see with the utmost clarity what needs to be done to make sure everyone makes the right choices over the next few days. Take the initiative and lead from the front.

GEMINI (May 22 - June 21):

You know that changes need to be made but you may be reluctant to do things that could anger friends and family members. Forget about how they might react and choose the path that takes care of your own needs. It’s okay to be selfish.

CANCER (June 22 - July 23):

Today’s cosmic activity will put you at odds with someone who claims to know all the answers but who you suspect is most likely bluffing. Refuse to go along with their suggestions if they don’t feel right. Always trust your instincts.

LEO (July 24 - Aug. 23):

The urge to act decisively will be hard to resist today but resist you must because the planets warn if you move ahead too soon you could find yourself stuck down a dead end street. Seriously, what’s the rush? No one is timing you.

VIRGO (Aug. 24 - Sept. 23):

Your ruling planet Mercury is at odds with Jupiter, so what seems like a fortunate situation early in the day could turn out to be the opposite by late afternoon. Keep your options open and don’t act unless you absolutely have to.

LIBRA (Sept. 24 - Oct. 23):

A family situation that has been causing you problems can easily be resolved today IF you are willing to meet others halfway. You may think you have given enough ground already but there is still more you can do to win others round.

SCORPIO (Oct. 24 - Nov. 22):

You may be feeling very adventurous at the moment but some of your friends and family members are not so daring and don’t want to get on board your roller-coaster ride through life. That’s okay though – you’ll travel faster if you travel alone.

SAGITTARIUS (Nov. 23 - Dec. 21):

As one of the zodiac’s fire signs you can come across as rather aggressive and that could be a problem today if others think you are trying to force them into taking decisions that might affect them adversely. Try persuasion rather than coercion.

CAPRICORN (Dec. 22 - Jan. 20):

Like it or not you will have to take a leadership role in the run up to the new moon in your sign on the 18th but it shouldn’t be too much of a chore. In fact you may actually enjoy being the one who is calling the shots.

AQUARIUS (Jan. 21 - Feb. 19):

You need to let go of something in your past that is holding you back from building a brighter future for yourself. You already know what that something is and all you have to do now is resolve to let it slip away. It won’t be missed.

PISCES (Feb. 20 - Mar. 20):

Can you trust what a friend tells you if it sounds too good to be true? On this occasion you are right to be suspicious, so don’t let them manoeuvre you into a situation where you feel you must do what they ask. Feel free to say “No”.

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