President Donald Trump declared a 10 percent increase on tariffs for Canadian imports on Saturday, a move prompted by a government advertisement from Ontario that criticized U.S. tariffs during the World Series. The advertisement included excerpts from a 1987 speech by former President Ronald Reagan that praised “free and fair trade.” However, Trump contended that the excerpts were manipulated to suggest that Reagan opposed tariffs.
In a post on Truth Social, Trump stated, “Ronald Reagan LOVED Tariffs for purposes of National Security and the Economy, but Canada said he didn’t!” He labeled the advertisement as a “hostile act” and a “fraud.”
The newly announced tariffs will be imposed on products that are already subject to high rates, including 50 percent on steel and aluminum and 35 percent on various other goods. However, products covered under the 2020 United States-Mexico-Canada Agreement (USMCA) will remain exempt from these new tariffs.
Ontario Premier Doug Ford indicated that he spoke with Prime Minister Mark Carney and announced that the controversial ad would be withdrawn following the second game of the World Series to facilitate further trade discussions. Despite this, Trump confirmed he would not be meeting with Carney at the upcoming ASEAN summit, citing the “misrepresentation” in the ad.
As of now, the White House has not provided details on how the additional tariffs will be implemented.
Sources:
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CBS News – MBFC Rating
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