President Donald Trump declared on Thursday that he will call off trade negotiations with Canada over the airing of a Canadian TV advertisement opposing U.S. tariffs featuring former President Ronald Reagan.

Trump accused Canada of “fraudulently” using audio from a 1987 address by Reagan, in which he criticized tariffs and warned about their effects on the American economy. Trump called the ad “fake” in a post to Truth Social late Thursday evening.

“Based on their egregious behavior, all trade negotiations with Canada are hereby terminated,” the president wrote.

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In the ad, Reagan explains his decision to the American people to impose limited tariffs against certain Japanese tech products, one that he said he was “loathe to take.”

“High tariffs inevitably lead to retaliatio

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