According to news from Reuters on the 24th, US President Trump announced on Thursday night local time that he would terminate all trade negotiations with Canada.
Earlier, an advertisement in Canada appeared in which the late former President Reagan criticized the tariff policy, and Trump accused the advertisement of being fraudulent.
On Twitter, Trump said: “Given their extremely bad behavior, we are now announcing the termination of all trade talks with Canada.”
The Reagan President Foundation issued a statement late Thursday saying the Ontario government ad "used some audio and video footage of Reagan" and that the foundation was "reviewing available legal options." "The advertisement misinterpreted Reagan's 1987 presidential radio speech, and the Ontario government neither obtained permission nor authorization to edit or use the relevant footage," the statement said.
The Canadian federal government has not yet responded.
Earlier this year, the Trump administration imposed tariffs on Canadian steel and aluminum products and automobiles, and Ottawa immediately took reciprocal countermeasures. The two sides have been negotiating for several weeks on a potential agreement in the steel and aluminum industry.
According to Reuters, Trump has long used tariffs as a means of external pressure, and his trade policy has raised U.S. tariffs to the highest level since the 1930s, he has also repeatedly threatened to impose more tariffs on other countries, raising concerns among and economists.
Canadian Prime Minister Mark Carney said in an interview with reporters on Thursday that Canada "will not allow the United States to enter the Canadian market in an unfair manner" if it fails to reach a consensus with Washington in negotiations on a number of trade deals.