Trump Cancels Canada Trade Talks Over Controversial Reagan Tariff Ad
President Donald TRUMP abruptly terminated trade negotiations with Canadian officials on Thursday, escalating tensions in the ongoing US-Canada trade war. The decision came in response to an Ontario television ad featuring a 1987 speech by Ronald Reagan, which the White House dismissed as misleading. Ontario Premier Doug Ford's office had deployed the ad to counter Trump's tariffs on Canadian steel, aluminum, and other exports.
The cancellation marks a sharp deterioration in bilateral relations. Trade talks scheduled to address the tariff disputes were scrapped hours before their commencement. Market observers note that prolonged trade tensions could ripple through commodity-linked cryptocurrencies, though no direct crypto market reaction was immediately evident.
