US President Donald Trump said Saturday he would increase tariffs on Canadian goods by an additional 10 percent because of what he called a \u201cfake\u201d ad campaign paid for by the Canadian province of Ontario that featured late US president Ronald Reagan criticising the imposition of high tariffs.<\/p>\n
US President Donald Trump<\/a> said Saturday he was hiking tariffs<\/a> on Canadian goods by an additional 10 percent, in the latest fallout over a Canadian anti-tariff ad that featured late US leader Ronald Reagan.<\/p>\n The announcement came two days after Trump said he had terminated all trade talks with Canada<\/a> over what he called the \u201cfake\u201d ad campaign.<\/p>\n \u201cTheir Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD,\u201d Trump said on his Truth Social platform, posting the message as he flew to Asia for meetings with key regional leaders.<\/p>\n \u201cBecause of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now,\u201d he said.<\/p>\n Read moreTrump terminating Canada trade talks over anti-tariff Reagan ad campaign<\/a><\/p>\n The ad from the Canadian province of Ontario used quotes from a radio address on trade that Reagan delivered in 1987, in which he warned against ramifications that he said high tariffs on foreign imports could have on the US economy<\/a>.<\/p>\n It cited the Republican as saying that \u201chigh tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars,\u201d a quote that matches a transcript of his speech on the Ronald Reagan Presidential Library\u2019s website.<\/p>\n The Ronald Reagan foundation wrote on X on Thursday that the Ontario government had used \u201cselective audio and video\u201d and that it was reviewing its legal options.<\/p>\n Adding extra spice to the cross-border row, baseball\u2019s World Series features a Canadian team, the Toronto Blue Jays, facing a US team, the Los Angeles Dodgers. The Blue Jays thrashed the Dodgers 11-4 in the first game on Friday.<\/p>\n Read moreOntario pulls anti-tariff Reagan ad after Trump\u00a0terminates Canada trade talks<\/a><\/p>\n Ontario said it would pull the offending anti-tariff ad on Monday so that negotiations could restart, but not before it aired again on Saturday night during the second game of the baseball showdown.<\/p>\n Trump\u2019s global sectoral tariffs\u2014particularly on steel<\/a>, aluminum, and autos\u2014have hit Canada hard, forcing job losses and squeezing businesses.<\/p>\n For now, the United States and Canada adhere to an existing North American trade deal called the USMCA, which ensures that roughly 85 percent of cross-border trade in both directions remains tariff-free.<\/p>\n But in a speech on Wednesday, Canadian Prime Minister Mark Carney<\/a> said the United States has raised \u201cits tariffs to levels last seen during the Great Depression.\u201d<\/p>\n \u201cOur economic strategy needs to change dramatically,\u201d Carney added, saying the process \u201cwill take some sacrifices and some time.\u201d<\/p>\n Trump and Carney are both set to be at a dinner on the sidelines of an Asia-Pacific<\/a> Economic Cooperation (APEC<\/a>) in South Korea<\/a> on Wednesday. But Trump has said he had no plans to meet Carney.<\/p>\n (FRANCE 24 with AFP)<\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump said Saturday he would increase tariffs on Canadian goods by an additional 10 percent…\n","protected":false},"author":2,"featured_media":240950,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[28625,113435,49,48,10867,1376,487,44,113434,72978,507],"class_list":["post-240949","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ad-campaign","tag-additional-10-percent","tag-ca","tag-canada","tag-canadian-goods","tag-donald-trump","tag-los-angeles-dodgers","tag-news","tag-province-of-ontario","tag-ronald-reagan","tag-toronto-blue-jays"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/240949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=240949"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/240949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/240950"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=240949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=240949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=240949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}