What did Reagan actually say about tariffs? Read the transcript of his 1987 address

The latest storm in Canada's tense trade negotiations with the United States erupted over an Ontario government advertising campaign that pushes back on tariffs by using snippets of former U.S. president Ronald Reagan's comments on the issue decades ago.

U.S. President Donald Trump said late Thursday that he is terminating trade negotiations with Canada because of the campaign, calling it a "fraud" that misrepresents Reagan's stance on tariffs.

Here are the transcripts of Ontario's anti-tariff ad aimed at Republican voters in the U.S., and the full radio address Reagan delivered to Americans on April 25, 1987.

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CLIPS FROM REAGAN'S ADDRESS USED IN THE AD

When someone says, "Let's impose tariffs on foreign imports," it looks like they're doing the patriotic thing by protecting Americ