Rabat – US President Donald Trump announced an additional 10% tariff on Canada in response to a TV ad that features remarks from former President Ronald Reagan criticizing tariffs.
On Saturday, Trump wrote in Truth Social that he is increasing the traffic in Canada by another 10% “because of their serious misrepresentation of the facts and hostile acts.”
“Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD,” Trump wrote in a post on his Truth Social platform.
The ad features a 1980s speech by Reagan, where he criticized tariffs and described them as a cause for trade wars and economic disaster.
Earlier this week, Ontario Premier Doug Ford said he would pause the advertising campaign in the U.S. Ford said he decided following talks with Prime Minister Mark Carney on Friday.
He pledged that the ad would be paused on Monday “so that trade talks can resume.”
Earlier this week, Trump announced the termination of all trade talks with Canada over a “fake campaign” run by Ontario.
This is not the first time that Trump announced tariffs on Canadian goods. In August, he imposed a 35% levy on Canadian goods that are not covered by the USMSCA, a trade agreement that replaced the North American Free Trade Agreement.
USMCA, or the US-Mexico-Canada deal, entered into force in July 2020 to create a more balanced trade and support workers and businesses.
Trade between the US and Canada reached $761.8 billion last year. According to th US Trade Representative, US exports to Canada totalled $411.9 billion, representing a 1.3% decrease compared to 2023.
Meanwhile, US imports from Canada last year totalled $411.9 billion, showing a 1.5% decrease compared to the same period in 2023.
