Trump Adds 10% Tariff, Later Meets Carney

President Donald Trump halted trade talks with Canada, announced an additional 10% tariff on Canadian imports on top of existing steel, aluminum and auto levies, and publicly said he would not meet Canadian Prime Minister Mark Carney after an Ontario TV ad he called “fake.” The Ontario-funded ad used an edited Ronald Reagan excerpt; the Ronald Reagan Presidential Foundation said it misrepresented Reagan, and Ontario Premier Doug Ford later agreed to pull the commercial. Carney said he had not spoken with Trump but was ready to resume negotiations and was arranging to meet Chinese President Xi Jinping at the APEC summit in South Korea. Despite Trump's public snub, Bloomberg reported the two unexpectedly dined together in South Korea, a meeting that could ease tensions and reopen dialogue. Analysts and Canadian officials say existing U.S. tariffs have already hurt Canadian jobs and businesses, and Ottawa says it has contingency plans and will seek other trade relationships if talks do not restart.