A commercial featuring a speech from 1987 is inflaming a trade war in 2025, as President Donald Trump cited the ad in cutting off negotiations with Canada over the high tariffs that he imposed on many of its exports.
On Truth Social, Trump said late Thursday night that he was stopping the talks because of the commercial, paid for by the province of Ontario, that featured former President Ronald Reagan speaking negatively about tariffs.
“TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A.,” Trump wrote. “Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.”
Trump claimed that the ad was fake and said that it had been placed “to interfere with the decision of the U.S. Supreme Court,” which is currently considering a legal

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