US President Donald Trump has terminated all trade negotiations with Canada, citing a "fraudulent" advertisement featuring former President Ronald Reagan speaking against tariffs. The abrupt decision has once again escalated trade tensions between the two neighboring countries.

The controversial Ad

The advertisement, reportedly paid for by the Ontario government, featured Reagan warning that tariffs on foreign goods "cause job losses and trade wars". The ad was part of a $75 million campaign critical of US levies. Trump took to Truth Social to express his outrage, calling the ad "fake" and accusing Canada of "egregious behavior".

"Based on their egregious behaviour, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," Trump wrote, emphasizing his frustration with the advertisement

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