Trump Imposes Additional 10% Tariff on Canada Following Dispute Over Reagan Advertisement

Oct 26, 2025 09:41 am CST

President Trump has announced a 10% tariff increase on Canadian goods after controversy surrounding an Ontario anti-tariff advertisement featuring Ronald Reagan quotes. The dispute has escalated tensions between the nations, with Trump terminating trade talks and Prime Minister Mark Carney warning of Depression-era tariff levels. Both leaders will attend APEC meetings in South Korea but have no plans to meet directly.