Trump Halts Trade Talks With Canada Over Reagan Tariff Ad (1)

Oct. 24, 2025, 12:38 PM UTC

President Donald Trump said he would immediately halt all trade negotiations with Canada, citing a Canadian advertisement against his signature tariffs plan featuring the voice of former President Ronald Reagan.

“TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A.,” Trump wrote on his Truth Social platform. “Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.”

WATCH: Donald Trump said he would immediately halt all trade negotiations with Canada. Balazs Penz reports. Source: Bloomberg

The ad in question comprises excerpts from an address Reagan gave in 1987 in which he defended the principles of free trade and slammed tariffs as an outdated idea that stifles innovation, ...

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