2025-10-24 10:30:11
Europe
Politics

Trump Halts Canada Trade Talks Over Controversial Reagan Ad

US President Donald Trump has abruptly ended trade negotiations with Canada, citing a controversial TV advertisement. The ad, produced by the Ontario government, featured former President Ronald Reagan criticizing tariffs, which Trump labeled as 'egregious behavior.' This situation has heightened tensions between the two countries, already strained by recent US tariffs on Canadian steel and automobiles.

Canadian Prime Minister Mark Carney is responding by planning to double Canada's exports to countries other than the United States. This strategic shift aims to mitigate the risks posed by the US tariffs. The trade relationship between the US and Canada is crucial, with over three-quarters of Canadian exports destined for the US.

The decision to terminate trade talks over the advertisement, which allegedly misrepresented Reagan's comments, underscores the fragile nature of US-Canada relations. The move also comes as the US, Canada, and Mexico prepare for a review of their free trade agreement next year. As tensions escalate, both nations are likely to explore alternative trade partnerships to secure their economic interests.

The Street
28. Oktober 2025 um 17:05

Trump signals 155% China tariffs ahead of Xi Jinping meet

US President Donald Trump warned that tariffs on Chinese imports could rise to 155% unless a 'very fair' trade deal is reached with Beijing. This threat comes ahead of Trump's planned meeting with Chinese President Xi Jinping, which he hopes will lead to a favorable agreement. The comments sent shockwaves through the crypto market, causing a brief decline in Bitcoin and other major cryptocurrencies. The US has been taking a hardline stance on China, with Treasury Secretary Scott Bessent recently..
World - South China Morning Post
24. Oktober 2025 um 03:09

Trump says all trade talks with Canada are ‘terminated’ over tariffs TV ad

US President Donald Trump announced that all trade negotiations with Canada are terminated due to a Canadian TV ad opposing US tariffs. The ad allegedly misstated facts and was used to influence US court decisions, according to Trump. This decision comes after Canadian Prime Minister Mark Carney stated his goal to double exports to countries outside the US due to the threat of Trump's tariffs.
Deutsche Welle
24. Oktober 2025 um 03:45

Trump says he's ending 'all trade negotiations' with Canada

US President Donald Trump has ended 'all trade negotiations' with Canada, citing a 'fraudulent' ad campaign against US tariffs. The ad, featuring Ronald Reagan's warnings about tariffs, was aired by the Ontario government. Trump claims the behavior is 'egregious' and that tariffs are crucial to national security and the economy.
stern
24. Oktober 2025 um 04:10

Trade Conflict: Trump Declares Trade Talks with Canada Over

US President Donald Trump has terminated trade negotiations with Canada after a video from the Canadian country allegedly contained misleading statements by Ronald Reagan. The video was published on X and features Reagan's voice from a radio address in 1987 without permission. Trump accuses Canada of 'outrageous behavior' and claims that the country wants to influence judges to obstruct tariffs.
CW

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