
U.S. President Donald Trump has announced an additional 10% tariff increase on Canadian goods, citing a "controversial" advertisement that featured former President Ronald Reagan.
President Trump made the announcement late Saturday (October 25) in a post on his social media platform, Truth Social.
In his post, he wrote: "Canada ran a fraudulent advertisement on Ronald Reagan's tariff speech. It misrepresents the former president's radio address. Furthermore, no permission was sought to use and edit his speech."
He further added: "Ronald Reagan liked tariffs for U.S. national security and the economy, but Canada is misrepresenting it. The advertisement was supposed to be removed quickly, but it was broadcast last night. Due to this behavior, an additional 10% tariff has been imposed on Canada."
This latest move follows an announcement last Thursday where the U.S. President declared the immediate cancellation of all trade discussions with Canada.
At that time, Trump posted on Truth Social, stating that Canada ran an advertisement where "former President Ronald Reagan is shown saying negative things about tariffs."
The U.S. President wrote, "All trade discussions with Canada are canceled due to their atrocious behavior."
Previously, President Trump had imposed a 35% tariff on Canadian product imports, although he had granted exemptions for goods covered under the USMCA.
The USMCA (United States-Mexico-Canada Agreement) is a free trade deal with Mexico and Canada, which Trump concluded during his first term.
Trump has also imposed sector-specific tariffs on Canadian goods, including 50% on metals and 25% on automobiles.




