Trump Vs Carney News: Canada Hits With 10% Extra Tariff Over 'Fraudulent' Reagan Ad

A trade dispute has escalated between the United States and Canada after former President Donald Trump announced an additional 10% tariff on Canadian goods. The move came in response to an ad sponsored by the Ontario government featuring former U.S. President Ronald Reagan, which Trump denounced as fraudulent. In a social media post, Trump stated, 'Canada was caught, red handed, putting up a fraudulent advertisement on Ronald Reagan's Speech on Tariffs'. The ad, which used excerpts from a 1987 Reagan speech to argue against protectionism, was described as a "misrepresentation" by the Ronald Reagan Presidential Foundation and Institute, which considered legal options. This tariff marks a significant escalation in trade tensions, with Trump having previously terminated trade negotiations over the same ad.