Trump says trade negotiations with Canada ‘terminated’ over tariffs advert

Source: BBC

US President Donald Trump has said he is immediately ending all trade negotiations with Canada.

He wrote on Truth Social that the country had run an advert featuring former President Ronald Reagan speaking negatively about tariffs.

“Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED,” Trump wrote late on Thursday. 

The US president has imposed a 35% levy on Canadian imports, although he has allowed exemptions for goods that fall under the USMCA – a free trade agreement with Mexico and Canada that Trump negotiated during his first term.

Trump has also imposed sector-specific levies on Canadian goods, including 50% on metals and 25% on automobiles.

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