In a recent turn of events, U.S. President Donald Trump announced a halt in trade negotiations with Canada following a controversial advertisement aired by Ontario. The advertisement, which featured former President Ronald Reagan, criticized tariffs and their potential economic impact.

Canadian Prime Minister Mark Carney extended an apology to Trump over the ad, which suggested that tariffs could lead to dire trade consequences. Despite the apology, Trump expressed dissatisfaction and described the commercial as misleading.

As a result, Trump declared an additional 10% increase in tariffs on Canadian imports. The decision underscores ongoing trade tensions, highlighting Reagan's known advocacy for free trade and market principles.

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