Blow to Canada as Trump Terminates Trade Talks Over Reagan Tariff Ad

President Donald Trump has abruptly terminated all trade negotiations with Canada, escalating tensions between Washington and one of its closest trading partners.

The decision came after the US President accused Canada of using a “fake” advertisement featuring former U.S. President Ronald Reagan criticizing tariffs, a move he described as “egregious behaviour.”

“Tariffs are very important to the national security and economy of the U.S.A. Based on their egregious behaviour, all trade negotiations with Canada are hereby terminated,” Trump wrote on his Truth Social on October 23.

The statement immediately cast doubt on the future of the two nations’ economic cooperation, particularly as both sides were preparing for a review of the North American Free Trade Agreement.