Trump says he is ending trade negotiations with Canada

Published 2025년 10월 24일

Tridge summary

U.S. President Donald Trump announced that he has halted trade negotiations with Canada in response to an anti-tariff advertising campaign launched by the province of Ontario, triggering a new trade crisis with America’s northern neighbor, Financial Times reports. Late Thursday evening, Trump made the announcement in a Truth Social post, complaining that the ads aired

Original content

in the United States included “the voice of former Republican President Ronald Reagan speaking negatively about tariffs.” “TARIFFS ARE VERY IMPORTANT FOR THE NATIONAL SECURITY AND ECONOMY OF THE UNITED STATES. Due to their outrageous behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE OFFICIALLY TERMINATED,” Trump wrote. Trump’s move threatens a sharp deterioration in his relationship with Canadian Prime Minister Mark Carney, who in recent months had managed to stabilize ties with the White House. Ontario Premier Doug Ford, a vocal critic of Trump’s tariffs, actively supported the ad campaign, which used Reagan’s 1987 radio address criticizing tariffs as harmful to the long-term U.S. economy. This month, Carney visited Washington to meet with Trump at the White House and attempt to ease strained bilateral relations and protect C$1.3 trillion (US$928 billion) worth of trade ties. Trump has imposed a 35% tariff on Canadian goods excluded from the US-Mexico-Canada Agreement, along with ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.