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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 15, 2026

 

IF TODAY IS YOUR BIRTHDAY

Venus, planet of emotional and material values, is strong on your birthday this year, so expect good people and good things to come your way over the next 12 months. The more you open up to the world the more the world will reward you.

ARIES (March 21 - April 20):

You may be inclined to get tough with someone who rubs you the wrong way today but is it really worth the effort? A better strategy might be to ignore them and walk away. Why waste your time and energy on losers?

TAURUS (April 21 - May 21):

You may be suspicious of someone who tends to say one thing and then do another but the current cosmic set-up is making you laidback in the extreme, so you probably cannot be bothered to find out what the truth is. It’s unlikely to matter.

GEMINI (May 22 - June 21):

With your heart pulling in one direction and your head pulling in another direction it’s no wonder you feel confused, but no harm will come of it if you decide to do nothing at all. Why make life difficult when it doesn’t have to be?

CANCER (June 22 - July 23):

You have worked long and hard to reach your current position in life and you do not intend to jeopardize it by backing those who take risks just for fun. Let them know they can do as they please so long as you’re not involved.

LEO (July 24 - Aug. 23):

If opportunity comes knocking you must open the door wide and invite it in. Yes, of course, there is a danger it could be the wrong thing entirely but the planets suggest if you take a chance on yourself it could pay off in a big way.

VIRGO (Aug. 24 - Sept. 23):

Relationships of all kinds are under excellent stars today and if you reach out to people you meet along the way, be they friends, colleagues or even strangers, they will do their utmost to assist you. More than anything they want to see you succeed.

LIBRA (Sept. 24 - Oct. 23):

The grass may look greener on the other side of the fence but you don’t have to leap over and start a new life for yourself. The universe has positioned you exactly where you most need to be, so stay where you are and make it work.

SCORPIO (Oct. 24 - Nov. 22):

Do what feels right for you today and ignore those who say you are behaving selfishly. Maybe you are but so what? You are under no obligation to put other people’s needs ahead of your own. Tell them to help themselves for a change.

SAGITTARIUS (Nov. 23 - Dec. 21):

Your feelings for one particular person will be up in the sky one moment and flat on the ground the next. Maybe that’s because you have put them on a ridiculously high pedestal. Remind yourself often that they are human just like you.

CAPRICORN (Dec. 22 - Jan. 20):

You demand to be taken seriously and anyone who is slow to show you respect will regret it before the day is done. Keep a notebook handy so you can jot down both your great ideas and the names of those who annoy you.

AQUARIUS (Jan. 21 - Feb. 19):

You sometimes come across as a bit of a cold fish but it isn’t really true and even if it was it won’t cause you any problems today. If you don’t feel like mixing with other people don’t force yourself. Enjoy your own company instead.

PISCES (Feb. 20 - Mar. 20):

It may be true that a quick decision is often a bad decision but the planets indicate you must act fast today whatever the potential dangers might be. If you make a mess along the way you can go back and tidy it up later on.

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