In a surprise move, U.S. President Donald Trump announced on Thursday that all ongoing trade negotiations with Canada have been terminated. The decision follows what Trump described as a fraudulent advertisement from Ontario that featured former President Ronald Reagan speaking against tariffs.
Earlier this year, Washington imposed tariffs on Canadian steel, aluminum and autos, prompting retaliatory measures from Ottawa. Weeks of discussions aimed at resolving the dispute and reaching a sector-specific deal had shown mixed progress.
Ontario Premier Doug Ford acknowledged this week that the province’s anti-tariff ad caught Trump’s eye. The spot used audio from Reagan’s 1987 radio address to highlight the economic risks of tariffs, arguing they can trigger job losses and trade wars.
The Ronald Reagan Presidential Foundation later criticized the ad for editing and using selected clips without permission, saying it misrepresented the 1987 address and is reviewing its legal options.
Trump has wielded tariffs as leverage around the globe, pushing U.S. duties on imports to their highest levels since the 1930s. Businesses and economists warn such moves can disrupt supply chains and stoke uncertainty in international markets.
Looking ahead, Canada, the U.S. and Mexico are set to review their continental free-trade agreement in 2020. With current talks halted, observers say the coming review may face additional political headwinds unless both sides re-engage.
Reference(s):
cgtn.com
