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Trump announces termination of all trade talks with Canada

24 Oct '25
2 min read
Trump announces termination of all trade talks with Canada
Pic: Shutterstock

Insights

  • US President Donald Trump yesterday announced termination of all trade talks with Canada following what he termed a fraudulent advertisement by the latter's state of Ontario in which former and late President Ronald Reagan was shown making negative remarks about tariffs.
  • The Ronald Reagan Presidential Foundation said the ad was "using selective audio and video" of Reagan.
US President Donald Trump yesterday announced termination of all trade talks with Canada following what he termed a fraudulent advertisement by the latter’s state of Ontario in which former and late President Ronald Reagan was shown making negative remarks about tariffs.

Earlier this year, Trump imposed tariffs on Canadian steel, aluminium and autos. Ottawa responded in kind. Bilateral talks on a potential deal for the steel and aluminum sectors had been going on since then.

“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 $75,000,000. They only did this to interfere with the decision of the US Supreme Court, and other courts,” Trump wrote on Truth Social.

"Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," he added.

Premier of Canada’s Ontario state Doug Ford said earlier this week the advertisement from his province with anti-tariff messaging had caught Trump's attention. The ad showed Reagan, a Republican, criticising tariffs on foreign goods while saying they caused job losses and trade wars.

In a statement yesterday, the Ronald Reagan Presidential Foundation said the advertisement by the government of Ontario was "using selective audio and video" of Reagan and that the foundation was reviewing its legal options.

"The ad misrepresents the Presidential Radio Address (by Reagan in 1987), and the Government of Ontario did not seek nor receive permission to use and edit the remarks," the foundation said.

ALCHEMPro News Desk (DS)

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