Canadian Prime Minister Mark Carney has announced that Canada is prepared to resume trade negotiations with the United States. This decision follows former President Donald Trump's abrupt halt to discussions over an anti-tariff advertisement released by Ontario's provincial government. The ad featured remarks from former President Ronald Reagan, criticizing tariffs, which Trump labeled as misleading.

Carney emphasized Canada's commitment to reviving trade talks, stating, "My colleagues have been working with their American colleagues on detailed constructive negotiations." He expressed hope for a positive outcome, highlighting the importance of strong trade relations for both nations.

The tensions arose after Trump terminated the negotiations, citing the advertisement as fraudulent. The ad, which used Reagan's voice to argue against tariffs, caught Trump's attention and led to his frustration with Canada. White House adviser Kevin Hassett noted that negotiations have been challenging, pointing to a "lack of flexibility" from the Canadian side.

In response to the situation, Carney has made two visits to the White House, seeking to negotiate lower tariffs on steel, aluminum, and automobiles, which have adversely affected Canada's economy. He acknowledged the changing landscape of U.S. trade policy and expressed readiness to engage in discussions when the U.S. is prepared.

The Ronald Reagan Presidential Foundation criticized the Ontario ad for misrepresenting Reagan's views, stating that it used selective audio and video. Ontario Premier Doug Ford defended the advertisement and urged Carney to take a stronger stance in negotiations with Trump.

As trade tensions continue, Carney remains optimistic about finding constructive solutions that benefit workers and families in both Canada and the U.S. The upcoming review of the 2020 continental free-trade agreement between the U.S., Canada, and Mexico adds urgency to these discussions. Carney stated, "A lot of progress has been made, and we stand ready to pick up on that progress and build on that progress when the Americans are ready to have those discussions."

With the political climate in Washington shifting, Canada is keen to protect its economic interests and maintain strong trade ties with its southern neighbour.