Trump Halts Trade Talks with Canada Over 'Disgraceful' Ad Featuring Reagan's Voice
U.S. President Donald Trump has announced the cessation of all trade negotiations with Canada, citing a 'disgraceful' advertisement involving former U.S. President Ronald Reagan. 'The Ronald Reagan Foundation just announced that Canada fraudulently used a fake ad in which Ronald Reagan speaks negatively about tariffs,' Trump wrote on Truth Social.
The White House leader emphasized that tariffs are 'very important' for the national security and economy of the United States. He labeled Ottawa’s actions and the advertisement as 'disgraceful.'
The ad features an audio clip of Reagan’s speech from 1987 concerning tariffs. Washington suspended trade negotiations with Ottawa after Canadian officials paid for the ad critical of tariffs.
Reagan passed away in the summer of 2004 at the age of 92. He served as U.S. President from 1981 to 1989. This summer, Trump had raised tariffs on Canada from 25% to 35%, explaining that the increase stemmed from the smuggling of fentanyl-type drugs and retaliatory measures taken by Ottawa. The decision did not apply to goods covered under the USMCA trade agreement.
In June, Trump had already halted negotiations with Canada regarding tariffs due to a new tax imposed by Canada on American tech companies such as Amazon, Google, Uber, and Airbnb. The tax was set at a rate of 3% on profits. Ultimately, however, that decision was reversed.
Նմանատիպ հոդվածներ
«It would take us just one or two hours to free eight villages» says Azerbaijani State TV
In a recent Telegram post, Armenian expert Tatevik Hayrapetyan shared a video from Azerbaijan's state television Az.TV,...
The Circumstances of the April War to Be Examined by the Commission Led by Andranik Kocharyan
To investigate the circumstances surrounding the military actions that took place in April 2016, a Parliamentary Inquiry...
Clearstream System Blocks Russia's Central Depository Account
The European clearing system Clearstream has blocked the account of the National Settlement Depository. This has led to...
Nikol Pashinyan Writes a Poem About the Referendum
Prime Minister Nikol Pashinyan has written a poem regarding the constitutional reform referendum scheduled for April 5,...