Trump says he will end trade talks with Canada over TV ad on tariffs

PHOTO: ARCHIVES-USA-CANADA-DIPLOMACY-ECONOMY-CARNEY-TRUMP-TRADE

President Donald Trump said he will end trade negotiations with Canada, citing a negative television ad about tariffs.

“TARIFFS ARE VERY IMPORTANT TO US NATIONAL SECURITY AND ECONOMY. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED,” Trump posted on his social media platform.

He advertising campaign in question It was implemented earlier this month by the Canadian province of Ontario. The ad features audio excerpts from a 1987 speech by then-President Ronald Reagan This came as it imposed some tariffs on Japanese goods, but warned of the long-term economic risks of high tariffs and the threat of a trade war.

PHOTO: ARCHIVES-USA-CANADA-DIPLOMACY-ECONOMY-CARNEY-TRUMP-TRADE

(FILES) US President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington, DC, October 7, 2025. US President Donald Trump said on October 23, 2025 that he would immediately end all trade talks with Canada, accusing him of misquoting former President Ronald Reagan in an ad campaign against tariffs. “Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED,” Trump said on his Truth Social network.

Jim Watson/AFP via Getty Images

The Ronald Reagan Presidential Foundation & Institute he said in a statement on social media on Thursday late that the Canadian advertising campaign used “selective audio and video” of Reagan and “misrepresented” what he said in the speech.

Referring to the Canadian ad campaign, Trump said: “They only did this to interfere with the decision of the United States Supreme Court and other courts.”

The Supreme Court will decide this term whether Trump’s sweeping global reciprocal tariffs are an illegal use of emergency authority granted by Congress, and whether tens of billions of dollars collected so far should be refunded.

Earlier this month, in a White House meeting with Canadian Prime Minister Mark Carney, Trump expressed optimism about a potential U.S.-Canada trade deal, saying the two sides had “come a long way” in negotiations.

In July, Trump issued a 35% tariff on most goods and raw materials coming from Canada.

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