Trump Suspended Trade Negotiations With Canada After The Release Of A Reagan Ad

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00:00Trump suspended trade negotiations with Canada after the release of a Reagan ad.

00:05A trade war may have just reignited, and this time, it didn't start with steel, autos, or dairy.

00:11It started with Ronald Reagan.

00:13On Thursday, President Donald Trump abruptly shut down trade negotiations with Canada,

00:18citing what he called a fraudulent ad campaign that used altered audio of the 40th president to criticize tariffs.

00:25The ad, reportedly funded by the Ontario government, took a speech Reagan gave in 1987

00:30and spliced together lines that made it appear as if he opposed U.S. protectionist policy,

00:35a message that directly clashes with Trump's current trade approach.

00:40Trump announced on Truth Social that U.S. trade negotiations with Canada are terminated,

00:44accusing the country of interfering in U.S. legal matters,

00:48and using a $75 million ad featuring Reagan's voice to influence court decisions.

00:53The decision halts potential trade deals his team was close to securing.

00:58The Reagan Foundation confirmed that a Canadian ad misrepresented Reagan's 1987 speech on free and fair trade without permission.

01:06While Reagan warned against protectionism, the ad omitted his emphasis on fairness,

01:11sparking outrage over its use in supporting Trump's 2025 tariff policies.

01:16The foundation is reviewing legal options, raising issues of diplomacy, intellectual property, and foreign political influence.

01:24Trump criticized Canada for long-standing tariff imbalances, claiming U.S. farmers were overcharged by up to 400 percent,

01:31and declared trade negotiations over.

01:34Canadian officials and the Ontario government have not responded,

01:38and the White House has not indicated if talks will resume.

01:41The dispute, sparked by a Reagan Foundation statement,

01:45could escalate into legal and broader political conflict.