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Trump cuts off trade talks with Canada over Reagan tariff ad

President Trump ended all trade talks with Canada after a $75 million Ontario ad campaign used edited Reagan remarks, which Trump and the Reagan Foundation say misrepresent facts.

  • An advertisement funded by the Ontario government disrupted trade talks between the United States and Canada by featuring Ronald Reagan's 1987 speech criticizing tariffs.
  • President Donald Trump announced the termination of all trade negotiations with Canada, labeling the ad as 'fake' and stating it interfered with U.S. courts.
  • Ontario Premier Doug Ford decided to pull the controversial ad after it aired during World Series games, acknowledging its potential impact on negotiations.
  • Canadian Prime Minister Mark Carney expressed willingness to resume trade talks with the U.S. when they are ready, despite current tensions.
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Because of an advertising clip, US President Trump has stopped the trade talks with Canada. In the video, ex-President Reagan is heard criticizing tariffs. Now, the Canadian side is engaging - but not immediately.

·Hamburg, Germany
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Forbes broke the news in United States on Thursday, October 23, 2025.
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