Trump slaps 10% extra tariff on Canada over Reagan trade ad
Source: CNBC
Published Fri, Oct 24 2025 2:41 PM EDT Updated 33 Min Ago
President Donald Trump on Saturday said he was slapping an extra 10% tariff on imports from Canada in retaliation for what he says is a misleading TV ad featuring former President Ronald Reagan criticizing tariffs.
"Canada was caught, red handed, putting up a fraudulent advertisement in Ronald Reagan's Speech on Tariffs," Trump wrote in a post on Truth Social. "Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now," he wrote.
Canada generally pays a 35% tariff on goods sold in the U.S., with exceptions for certain products covered under the U.S.-Mexico-Canada Agreement, and other specific product exceptions, such as steel and aluminum, which are tariffed at 50%.
Trump on late Friday blasted the Ontario provincial government in Canada for waiting until after the first two games of the World Series to pause the Reagan ad. They could have pulled it tonight, Trump told reporters at the White House as he headed to fly to Asia. Well, thats dirty play, he said. But I can play dirtier than they can, you know.
Read more: https://www.cnbc.com/2025/10/24/trump-canada-doug-ford-reagan-trade-tariffs.html
REFERENCE - https://www.democraticunderground.com/10143553098
Article updated.
Original article -
President Donald Trump on Saturday said he was slapping an extra 10% tariff on imports from Canada in retaliation for what he says is a misleading TV ad featuring former President Ronald Reagan criticizing tariffs.
"Canada was caught, red handed, putting up a fraudulent advertisement in Ronald Reagan's Speech on Tariffs," Trump wrote in a post on Truth Social. "Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now," he wrote.
Canada generally pays a 35% tariff on goods sold in the U.S., with exceptions for certain products covered under the U.S.-Mexico-Canada Agreement, and other specific product exceptions, such as steel and aluminum, which are tariffed at 50%.
Trump late Friday blasted the Ontario provincial government in Canada for waiting until after the first two games of the World Series to pause a television ad featuring former President Ronald Reagan criticizing tariffs. "They could have pulled it tonight," Trump told reporters at the White House as he headed to fly to Asia. "Well, that's dirty play," he said. "But I can play dirtier than they can, you know."
C_U_L8R
(48,374 posts)So pathetic and embarrassing.
eppur_se_muova
(40,429 posts)wiggs
(8,529 posts)petronius
(26,692 posts)No, Canada does not. Americans do. Trump's little tantrum just added 10% to costs for American businesses and consumers.
William Seger
(11,944 posts)... with a long list of irrational instances, including vindictive tariffs to avenge narcissistic ego wounds.
BumRushDaShow
(162,365 posts)I think it took him 4 hours.
It would take DAYS to do what has to be dozens and dozens Articles of Impeachment for 45.
Yo_Mama_Been_Loggin
(130,229 posts)Now everyone else has to pay.
Captain Zero
(8,563 posts)They run it during the 7th inning stretch of the World Series. Actually at the end the credit says Ontario, so maybe the province is running it.
BumRushDaShow
(162,365 posts)It's their ad. And notable because their city (Toronto) is playing in the World Series.
AZJonnie
(1,964 posts)Even when its points are complete bullshit. And in the M$M it happens that way too often to be a coincidence in my mind.
Vinca
(52,925 posts)It boils down to the same clips played in the ad.