An Additional 10% Tariff Imposed on Canada

President Trump is punishing Canada for an ad campaign funded by the province of Ontario using the voice of former President Ronald Reagan. The comments came from a 1987 radio address where Reagan promoted free trade and against tariffs. On Truth Social, Trump said the ad is “a serious misrepresentation of the facts and a hostile act.” An additional ten percent tariff on Canadian imports was also included in the social media post. Trade negotiations between the two countries were also canceled. Prime Minister Mark Carney, who is also in Malaysia for the ASEAN business summit, said the meeting was an opportunity for Canada to develop trade relationships with other countries.