Update (1454ET):
Ontario Premier Doug Ford has announced that the $75 million informational campaign targeting Americans will pause on Monday. This means the television commercials in which Canada attempted to persuade Americans on trade policy will come to an end.
America’s neighbors to the north screwed around and found out the consequences late Thursday night, when President Trump terminated all trade negotiations in response to the ads attacking U.S. tariffs.
Late Friday afternoon, Ford took to X and wrote:
Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses. We’ve achieved our goal, having reached U.S. audiences at the highest levels. I’ve directed my team to keep putting our message in front of Americans over the weekend so that we can air our commercial during the first two World Series games.
In speaking with Prime Minister Carney, Ontario will pause its U.S. advertising campaign effective Monday so that trade talks can resume.
The people elected our government to protect Ontario, our workers, businesses, families and communities. That’s exactly what I’m doing. Like I said earlier today: Canada and the U.S. are neighbors, friends and allies. We’re so much stronger when we work together. Let’s work together to build Fortress Am-Can and make our two countries stronger, more prosperous and more secure.
Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses. We’ve achieved our goal, having reached U.S. audiences at the highest levels. I’ve directed my team to keep putting our…
— Doug Ford (@fordnation) October 24, 2025
Canada bends the knee.
Not a good look for globalist Carney.
*Â *Â *Â GET IN ON BLADE OF THE MONTH… CLICK BELOW
President Trump has terminated all trade talks with Canada amid an information war waged by the Ontario provincial government, which has criticized U.S. tariffs. Canada’s propaganda ad campaign has appeared on Newsmax and Bloomberg, with additional placements scheduled for Fox News, Fox Sports, NBC, CBS, CNBC, ESPN, ABC, and local channels.
The advertisement uses audio from former President Ronald Reagan to remind Americans of the negative consequences of tariffs.Â
“High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars,” Reagan said, adding, “Then the worst happens: Markets shrink and collapse, businesses and industries shut down, and millions of people lose their jobs.”
Late Thursday night, President Trump wrote on Truth Social, “The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs.”
“The ad was for $75,000,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts. TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED,” Trump emphasized.Â
Before Trump’s Truth Social post, on X, the Ronald Reagan Foundation blasted the “ad campaign using selective audio and video of President Ronald Reagan delivering his “Radio Address to the Nation on Free and Fair Trade,” dated April 25, 1987,” adding, “The ad misrepresents the Presidential Radio Address, and the Government of Ontario did not seek nor receive permission to use and edit the remarks.”Â
Listen to President Reagan’s unedited remarks here: pic.twitter.com/iqmjSuypp0
— Ronald Reagan Presidential Foundation & Institute (@RonaldReagan) October 24, 2025
In markets, UBS analyst Jason Poh told clients that “USDCAD has a knee-jerk jump, 30+ pips” after Trump announced all trade talks were terminated.Â
Foreign governments attempting to shape U.S. trade policy or U.S. politics is not new, but this was certainly a bold move by Canada during trade talks.
. . .Â
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