
U.S. Terminates Trade Talks with Canada After Ontario's Reagan-Tariff Ad
Published October 24, 2025
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A satirical trading-card-style depiction of a trade meltdown: Canada uses Reagan's voice to slam U.S. tariffs, the U.S. reacts by cancelling talks, and the neighborly handshake turns into a cross-border meltdown of speeches and tariffs.
According to multiple reports, the U.S. announced the termination of trade talks with Canada on October 24, 2025, after the province of Ontario aired an advertisement using edited voice-clips of former President Ronald Reagan criticizing tariffs. The U.S. characterized the ad as fraudulent interference, and the Reagan Foundation said the ad misrepresented the original 1987 speech. The row comes amid ongoing disputes over steel, aluminum, autos and tariffs between the two countries.
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