President Donald Trump expressed intense anger against Canada this morning, terminating all trade negotiations following the launch of an Ontario government ad campaign criticizing his tariffs and quoting former President Ronald Reagan's anti-tariff remarks.nytimes+2
Background: Ontario Ad and Reagan Quote
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The Ontario government spent $75 million on a television ad, aired in the U.S., featuring Reagan speaking about the harms of tariffs, warning that they lead to shrinking markets and job losses.news.yahoo+2
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Trump called the ad “fake,” claiming it was designed to influence the U.S. Supreme Court as it prepares to hear challenges to his tariffs against Canada.npr+1
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The Reagan Presidential Foundation said the ad misrepresented parts of Reagan’s speech, hinting at possible legal action against Ontario.cnbctv18+1
Trump’s Statements and Action
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Trump posted on Truth Social, stating: “Due to their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED,” and accused Canada of trying to “interfere” with U.S. judicial matters.abcnews.go+2
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Previously, trade talks were ongoing regarding steep U.S. tariffs (up to 35%) on Canadian steel, auto parts, and other commodities.nytimes+2
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Canadian Prime Minister Mark Carney has not publicly responded yet, but government sources say Canada was notified only shortly before Trump’s announcement.cbc
Immediate Impact
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Bilateral relations are now highly uncertain, with the prospect of higher prices and job losses on both sides due to disrupted trade.cnn+2
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Ontario Premier Doug Ford reiterated the importance of opposing tariffs and working together for prosperity even after Trump’s outburst.news.yahoo
Trump’s anger is currently driving significant headlines and raising fresh concerns over North American trade stability.independent+2
- https://www.nytimes.com/live/2025/10/24/us/trump-canada-news
- https://www.npr.org/2025/10/24/nx-s1-5584890/trump-trade-talks-canada
- https://www.cbc.ca/news/world/trump-trade-negotiations-tariffs-ontario-ad-9.6951469
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- https://www.bbc.com/news/articles/cdjrlmd4pmeo
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- https://abcnews.go.com/Politics/trump-terminating-trade-talks-canada-tv-ad-tariffs/story?id=126821528
- https://www.reuters.com/world/us/trump-says-all-trade-talks-with-canada-are-terminated-2025-10-24/
- https://www.nytimes.com/2025/10/23/us/politics/trump-trade-negotiation-canada.html
- https://www.independent.co.uk/tv/news/trump-canada-trade-ronald-reagan-advert-watch-b2851395.html
- https://www.cnn.com/2025/10/23/politics/trump-ends-trade-negotiations-canada
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- https://www.aljazeera.com/news/2025/10/24/trump-says-all-trade-talks-with-canada-are-terminated
- https://ca.news.yahoo.com/news-today-trump-says-trade-081501730.html
- https://www.washingtonpost.com/world/2025/10/24/trump-cancel-canada-trade-negotiations-reagan/
- https://timesofindia.indiatimes.com/business/international-business/egregious-behavior-trump-says-hes-ending-trade-talks-with-canada-over-tv-ads-all-you-need-to-know/articleshow/124776027.cms
- https://nationalpost.com/news/politics/trump-says-trade-talks-with-canada-terminated-claiming-ontario-used-fake-anti-tariff-reagan-ad
- https://www.cnbc.com/2025/10/24/trump-canada-trade-reagan.html
- https://www.dw.com/en/trump-says-hes-ending-all-trade-negotiations-with-canada/a-74480374
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