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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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Futures Climb as Strong Jobs Data Refocuses Wall Street on Fed Policy

U.S. stock futures edged higher after a surprisingly strong jobs report reignited debate over the Federal Reserve’s next moves on interest rates. Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq all posted early gains, signaling renewed confidence following a volatile stretch in the markets.

The robust labor data underscored the economy’s resilience, but it also complicated expectations for near‑term rate cuts. A hotter‑than‑expected job market can give the Fed reason to keep borrowing costs elevated longer than investors had hoped. As a result, traders are now watching upcoming inflation readings and corporate earnings for clearer direction.

Tech shares continued to draw attention, with some companies facing pressure from margin concerns even as enthusiasm around artificial intelligence remains strong. Market participants are preparing for additional economic data later in the week that could further shape the outlook for monetary policy and equity performance.


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