Trump terminates all trade talks with Canada over ‘fake’ Reagan anti-tariff advertisement

Washington (ANI/RSS): US President Donald Trump on Thursday night announced the termination of all trade negotiations with Canada, citing an anti-tariff advertisement that used a clip of former US President Ronald Reagan.

In a post on Truth Social, Trump said, “The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs. The ad was for $75,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts.”

He added, “TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED. Thank you for your attention to this matter! President DJT.”

The controversial ads, reportedly paid for by the Ontario government, have been running on major US networks and cost $75 million. This comes weeks after US President Trump and visiting Canadian Prime Minister Mark Carney discussed trade, border security, and ongoing negotiations between the two neighbouring nations on October 7, providing the backdrop to the sudden termination of talks.

Addressing reporters at the Oval Office, Trump described the trade talks as “complicated, more complicated than maybe any other agreement we have on trade.” He explained that the complexity stemmed from both competition and closeness between the two countries, describing it as a mix of “natural conflict” and “mutual love.”