President Trump late Thursday evening announced all trade negotiations with Canada have been terminated after the government of Ontario, Canada, created an ad campaign using selective audio of President Reagan speaking negatively about tariffs.
Trump accused the government of Ontario of interfering with the Supreme Court’s decision on his tariffs. The high court is set to hear oral arguments on November 5 on Trump’s tariffs after a lower court ruled they were illegal.
“The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs,” Trump said.
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,” President Trump said on Truth Social.
“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,” Trump added.
The government of Ontario reportedly spent $75 million on the advertisement.
WATCH:
The Government of Ontario just spent $75 million on a pro-trade/anti-tariff ad starring… Ronald Reagan. pic.twitter.com/uD5wJgZEzv
— Scott Lincicome (@scottlincicome) October 15, 2025
The Ronald Reagan Foundation on Thursday evening responded to the government of Ontario’s advertisement.
“The ad misrepresents the Presidential Radio Address, and the Government of Ontario did not seek nor receive permission to use and edit the remarks,” they said.
The Ronald Reagan Presidential Foundation threatened to take legal action against the government of Ontario.
“The Ronald Reagan Presidential Foundation and Institute is reviewing its legal options in this matter.”
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
Here is President Reagan’s April 1987 radio address on free and fair trade:
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