Trump Ends U.S.-Canada Trade Talks

President Donald Trump announced on Truth Social he was terminating all trade negotiations with Canada, calling the province’s ad buy “egregious behaviour” after an Ontario government spot used edited audio of Ronald Reagan to criticize tariffs and allegedly interfere with U.S. courts. Reports now say the Ford government spent tens of millions to air the advertisement (estimates $53 million–$75 million); Premier Doug Ford defended the spot and shared Reagan’s full 1987 address. The Ronald Reagan Presidential Foundation said the ad misrepresents Reagan’s remarks, that permission was not sought, and is reviewing legal options. Canadian leaders, including Prime Minister Mark Carney, said Ottawa “can’t control” U.S. trade policy, urged diversification and resilience, and said Canada is ready to restart talks when Washington is ready. The abrupt U.S. move risks derailing sectoral negotiations under the USMCA on steel, aluminum and energy, has put pressure on the Canadian dollar and supply chains, and raises broader diplomatic implications as leaders head to Asia.