US President Donald Trump halted all trade negotiations with Canada earlier this week over an advert in which former President Ronald Reagan says tariffs "hurt every American". The ad, sponsored by Canada's province of Ontario and released last week, features excerpts of an address Reagan gave in 1987 focusing on foreign trade.

Overall, the ad’s message aligns with most of Reagan’s remarks, which, over five minutes, expressed a dim view of tariffs. Reagan said he believed that in the long term, tariffs would lead to trade wars and hurt Americans.

Prime Minister Mark Carney said on Friday that Canada stands ready to resume trade talks with the United States that President Donald Trump halted over an anti-tariff advertisement issued by Ontario's provincial government.

President Donald Trump has announced trade talks with Canada will cease, claiming our northern neighbor “fraudulently” used an ad featuring the late Ronald Reagan speaking negatively about tariffs.

Citing the Ronald Reagan Presidential Foundation, Trump said an Ontario Government ad featuring a clip of the former president criticizing tariffs was “FAKE.”

Ontario Premier Doug Ford said he will pause the ad on Monday "so that trade talks can resume."