Trump fumes over TV ad featuring Ronald Reagan speaking against tariffs, stops trade talks with Canada, less than three weeks after meeting Carney

US President Donald Trump said on Thursday, October 23 that he was ending “all trade negotiations” with Canada because of a television ad opposing US tariffs that he said misstated the facts and called “egregious behavior” to influence US court decisions.

The post on Trump’s social media site Truth Social came after Canadian Prime Minister Mark Carney said he aims to double his country’s exports to countries outside the US because of the threat posed by Trump’s tariffs. Trump’s call for an abrupt end to negotiations could further inflame trade tensions that have been building between the two neighboring countries for months.

Trump posted, “The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs.”



“The ad was for $75,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts,” Trump wrote on his social media site. “TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.”

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The prime minister was set to leave Friday morning for a summit in Asia, while Trump is set to do the same Friday evening.

Canadian Prime Minister Mark Carney last visited the White House on Tuesday, October 7, 2025, for a meeting with US President Donald Trump. This was Carney's second visit to the Oval Office since taking office in 2025. The discussions focused on trade and defense priorities, particularly in light of the upcoming review of the United States-Mexico-Canada Agreement (USMCA) scheduled for the following year