Trump Axes Trade Talks with Canada Over Scathing TV Ad on Tariffs

A provocative TV advertisement aired in Ontario, Canada, featuring Ronald Reagan's 1987 warning that high tariffs lead to trade wars and hurt every worker and consumer, has sparked a furious response from President Donald Trump. As a result, Trump has terminated all trade talks with Canada, including renegotiations over the 35% tariffs imposed on imports such as steel and cars. The ad, costing £56 million, aimed to make the case against US tariffs, which Ontario Premier Doug Ford has vowed to continue doing.

Key Takeaways:

• Trump has terminated all trade talks with Canada in response to a scathing TV ad criticizing his tariffs.
• The ad, featuring Ronald Reagan's 1987 address, was aired on US networks and cost £56 million.
• The ad warned that high tariffs lead to trade wars and hurt every worker and consumer, a message that Trump has described as "FAKE".
• Ontario Premier Doug Ford has vowed to continue making the case against US tariffs, despite Trump's termination of trade talks.
• Canadian PM Mark Carney has expressed willingness to resume talks when the US is ready.

Statistics:

• 35%: the tariff imposed by Trump on imports from Canada, affecting items such as steel and cars.
• £56 million: the cost of the TV ad campaign in Ontario, Canada.
• 1987: the year in which Ronald Reagan delivered the address used in the scathing ad.
• 1 minute: the length of the TV ad featuring Reagan's address.

Sources:

• Mirror Online: Article by Chris Bucktin, citing no specific date or publication date.
• Ronald Reagan Foundation: No specific date or publication date mentioned.