(Washington, D.C.) -- U.S. President Trump abruptly announced the termination of trade negotiations with Canada, citing a Canadian ad campaign that misquoted former President Ronald Reagan in an anti-tariff campaign.
With the U.S. Supreme Court currently reviewing the legality of Trump's reciprocal tariffs globally, Trump accused the Canadian ad of being an attempt to influence the Supreme Court's decision. On Thursday (October 23), Trump expressed outrage at the "false" ad on his social media platform, Truth Social.
"Tariffs are vital to America's national security and economy. Because of Canada's egregious actions, we are terminating all trade negotiations with Canada."
The ad, produced by the Canadian province of Ontario and set to air on U.S. television stations, quoted a 1987 speech by Reagan, warning of the potential negative impact of high tariffs on foreign imports on the U.S. economy.
However, the Ronald Reagan Presidential Foundation and Institute stated on social media platform X that Ontario did not seek permission to use Reagan's speech, and that the edited audio and video in the ad misrepresented the full meaning of the speech. Reagan was essentially defending his decision to impose tariffs on Japanese imports. He also emphasized the importance of free trade and warned of the potential long-term negative consequences of tariffs.
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