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May 10, 2026
US President Donald Trump announced he was halting trade negotiations with Canada, citing recent television commercials opposing US tariffs. Trump described the ads as “egregious behavior” and claimed they were intended to influence decisions by the US court.
The statement follows Canadian Prime Minister Mark Carney’s remarks that he plans to significantly increase Canada’s exports to markets beyond the United States in response to the risks posed by Trump’s tariffs.
“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 $75,000,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts. 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. Thank you for your attention to this matter!” Trump posted on Truth Social.
