Nigeria: Trump abruptly ends trade talks with Canada over “fake” Ad
By Zuleihat Owuiye, Mamos Nigeria
U.S. President Donald Trump announced on October 24 2025, that he’s terminating all trade negotiations with Canada, citing an ad by Ontario’s government that allegedly misquoted former President Ronald Reagan criticizing tariffs. “Based on their egregious behavior,
Produced by Ontario, it aired in the U.S., quoting Reagan’s 1987 speech: “High tariffs inevitably lead to retaliation… and fierce trade wars.” The Ronald Reagan Foundation claims the ad “misrepresents” Reagan’s stance and is reviewing legal action.
The ad was “fake” and aimed to sway the U.S. Supreme Court’s ruling on Trump’s global tariffs.
No official comment yet, but Prime Minister Mark Carney had warned that U.S. tariffs (on steel, aluminum, and autos) are a “rupture” requiring a major economic shift.
Both leaders will attend ASEAN and APEC summits this week. Carney plans to double exports to non-U.S. markets.
The move escalates trade risks, worrying businesses and economists.
This sudden shift underscores Trump’s aggressive tariff strategy. How will this affect global markets.
