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The president said his move, which again throws relations with one of the United States’ closest trading partners into turmoil, was motivated by an advertisement he deemed fraudulent.
Oct. 23, 2025, 11:23 p.m. ET
President Trump said late Thursday that he was terminating all trade negotiations with Canada, throwing America’s relationship with one of its closest trading partners into turmoil once again.
On Truth Social, the president claimed that “Canada has fraudulently used an advertisement” featuring former president Ronald Reagan speaking negatively about tariffs.
“TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A.,” he wrote. “Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.”
Mr. Trump has taken an aggressive stance toward Canada, which is the second largest trading partner for the United States. He has imposed double-digit tariffs on many Canadian exports and repeatedly suggested Canada should be the 51st U.S. state.
Ana Swanson covers trade and international economics for The Times and is based in Washington. She has been a journalist for more than a decade.
Matina Stevis-Gridneff is the Canada bureau chief for The Times, leading coverage of the country.
