President Donald Trump suddenly terminated all trade negotiations with Canada late Thursday in retaliation for the northern neighbor’s alleged bad behavior.
In a Truth Social post published that evening, the president accused Canada of having used a “FAKE” advertisement about tariffs to intimidate the U.S. Supreme Court into ruling against his tariffs.
He further said that the fraudulent ad, which featured former President Ronald Reagan speaking negatively, but out of context, about tariffs in 1987, was discovered by the Ronald Reagan Foundation.
Listen to President Reagan’s unedited remarks here: https://t.co/1gQUcbR4eZ pic.twitter.com/iqmjSuypp0
— Ronald Reagan Presidential Foundation & Institute (@RonaldReagan) October 24, 2025
“The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs,” the president wrote. “The ad was for $75,000,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts.”
“TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED. Thank you for your attention to this matter! President DJT,” he added.
Donald J. Trump Truth Social Post 10:39 PM EST 10/23/25 pic.twitter.com/qbvOeThsee
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) October 24, 2025
According to the Ronald Reagan Foundation, the advertisement “misrepresents” Reagan’s speech. Furthermore, the government of Ontario never asked for permission to use the clip.
The ad was originally published on the social media platform X on Oct. 16 by Ontario Premier Doug Ford, who captioned it by writing, “Using every tool we have, we’ll never stop making the case against American tariffs on Canada. The way to prosperity is by working together.”
“When someone says, ‘Let’s impose tariffs on foreign imports,’ it looks like they’re doing the patriotic thing by protecting American products and jobs,” Reagan said in the ad. “And sometimes for a short while it works—but only for a short time.”
“Then the worst happens: Markets shrink and collapse; businesses and industries shut down; and millions of people lose their jobs,” he added.
It’s official: Ontario’s new advertising campaign in the U.S. has launched.
Using every tool we have, we’ll never stop making the case against American tariffs on Canada. The way to prosperity is by working together.
Watch our new ad. pic.twitter.com/SgIVC1cqMJ
— Doug Ford (@fordnation) October 16, 2025
According to Time magazine, Reagan delivered the radio address right before his “meeting with Japan’s then-Prime Minister Yasuhiro Nakasone over economic relations between the U.S. and Japan.”
“Reagan had imposed duties at the end of March 1987 on $300 million of Japanese products alleging that Japan had engaged in practices that violated a 1986 semiconductor trade agreement with the U.S,” the magazine notes.
In the radio speech, Reagan stressed the importance of free trade while simultaneously defending his own tariffs.
This kerfuffle comes about two weeks out from the Supreme Court hearing oral arguments on Oct. 5 regarding Trump’s tariffs. This week, the high court announced that it’ll grant the parties involved in the case additional time to make their oral arguments on Nov. 5.
“Oral arguments usually last 60 minutes, with 30 minutes for each side,” according to The Center Square. “In the tariff case, the high court expanded that to 80 minutes for the hearing set for Nov. 5.”
The president, meanwhile, has said that the case is so important that he may personally attend the hearing.
“We have a big case coming up in the Supreme Court, and I will tell you, that’s one of the most important cases in the history of our country,” he said from the Oval Office about a week earlier.
“If we don’t win that case, we will be a weakened, troubled, financial mess for many, many years to come. That’s why I think I’m going to go to the Supreme Court to watch,” he added.
President Trump suggests he might attend Supreme Court arguments on tariffs next month:
“I think it’s one of the most important decisions in the history of the Supreme Court. And I might go there. I really believe I have an obligation to go there.” pic.twitteer.com/MtkYPQaOp3
— Fox News (@FoxNews) October 22, 2025
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V. Saxena is a staff writer for BizPac Review with a decade of experience as a professional writer, and a lifetime of experience as an avid news junkie. He holds a degree in computer technology from Purdue University.
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