President Ronald Reagan, as he addresses citizens in July 1987. Diana Walker/The Chronicle Collection/Getty Images New York —

President Donald Trump has canceled trade negotiations with Canada over what he called a “ fake ” ad that featured parts of an anti-tariff speech delivered by conservative hero and former President Ronald Reagan. The Ronald Reagan Presidential Foundation & Institute also said the ad misrepresented the former president’s words.

It wasn’t fake. It was edited. But Reagan really did spend a five-minute speech – an April 25, 1987, national radio address that the Reagan Library has published on YouTube – to rail against tariffs. It was a full-throated expression of support for free and fair trade.

The ad, purchased by the government of Ontario and broadc

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