'Terminated': Trump Ends All Trade Talks With Canada, Cites 'Egregious Behaviour'

2025-10-24 12:00:53

(MENAFN- Live Mint) Donald Trump on Thursday (local time) said that he was ceasing "all trade negotiations" with Canada. He accused it of misquoting former president Ronald Reagan in an advertising campaign opposing tariffs, which the US President described as“egregious behaviour”, intended to influence US court rulings.

Trump said,“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 ad was for $75,000. 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," he added.

Trump's social media post followed Canadian Prime Minister Mark Carney's statement that he plans to double Canada's exports to markets outside the US in response to the threat from Trump's tariffs.

(With inputs from agencies)

(This is a developing story. More to come)

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