Trump Imposes 10% Tariffs, Suspends Canada Trade Talks

President Donald Trump announced a 10% increase in tariffs on Canadian imports and suspended trade talks after an Ontario government TV ad used edited excerpts of Ronald Reagan’s 1987 speech, calling the spot a “fraud” and a hostile act. The Ronald Reagan Presidential Foundation said the ad misrepresented Reagan’s remarks and was produced without permission, and Ontario Premier Doug Ford ordered the campaign paused after it aired during the World Series. The move has strained the U.S.-Canada relationship, drawing criticism from business and labor groups warning of higher costs and disruption, while Canadian officials declined immediate confrontation. Legal experts and analysts flagged questions about the legal basis for the extra levy, saying the administration appears to be invoking the International Emergency Economic Powers Act (IEEPA) and that the Supreme Court is due to hear a challenge to the president’s tariff authority.