Washington, 24/10/2025 - United States President Donald Trump announced on the evening of Thursday, 23, the end of "all trade negotiations" with Canada, due to a television advertisement produced by the Canadian government that allegedly distorted facts about import tariffs.
In a post on Truth Social, Trump accused Canada of "fraudulently" using a speech by former American President Ronald Reagan to criticize the tariffs. "Tariffs are very important for national security and the U.S. economy," wrote the Republican.
The reaction came a day after Canadian Prime Minister Mark Carney stated that he intends to double Canadian exports to other countries within a decade to reduce dependence on the United States, amid the cooling of the trade relationship between the neighbors.
Despite the dispute, about 85% of bilateral trade remains free of tariffs, under the United States-Mexico-Canada Agreement (USMCA). Source: Associated Press