00:00Welcome back. U.S. President Donald Trump has abruptly ended all trade negotiations with Canada
00:05after an advert from Ontario's government took aim at tariffs.
00:10The one-minute spot never mentioned Trump by name, but it quoted former President Ronald Reagan
00:16saying tariffs hurt every American, a line widely seen as a swipe at Trump's trade policy.
00:24Trump fired back on social media, calling the ad fake and egregious
00:28and declaring all trade negotiations were now over.
00:33The advert featured excerpts from Reagan's 1987 radio address
00:37that cautioned about the long-term economic risks of tariffs, including job losses.
00:43Ontario Premier Doug Ford confirmed that the advertisement had come from his province.
00:48He is one of the most vocal critics of the Texas Leavitt on U.S. firms buying Canadian products.
00:53In July, Trump's administration imposed a 35% tariff on many Canadian imports, including cars and steel.
01:02Prime Minister Mark Carney has been trying to ease those tariffs since taking office earlier this year.
01:08The United States, Canada and Mexico are scheduled to review their 2020 Continental Free Trade Agreement next year,
01:15a process that may now face increased tension following this latest dispute.
