U.S. President Donald Trump is reacting to an anti-tariff ad featuring a speech by former President Ronald Reagan. Trump is claiming that Canada is trying to influence the Supreme Court as it prepares to hear a case on tariffs.

Washington

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

Global Tariffs

President Trump has decided to end trade discussions with Canada after an anti-tariff advertisement, funded by Ontario, featured excerpts from a 1987 radio address by then-President Ronald Reagan. The ad used Reagan's comments about tariffs hurting Americans and consumers, but the White House claims these remarks were taken out of context.

The Ronald Reagan Foundation has stated it will review its legal options regarding the ad. President Trump has accused Canada of acting fraudulently and attempting to influence the Supreme Court, which is currently considering the president's authority to raise tariffs. Both Trump and Canadian Prime Minister Carney are scheduled to attend an upcoming summit in Asia, where the issue may be further discussed.

Trump ending trade talks with Canada over anti-tariff ad

President Trump says he is ending trade talks with Canada over an anti-tariff ad paid for by the province of Ontario. Now the video includes excerpts from a 1987 radio address given by then-President Ronald Reagan in which he says tariffs hurt Americans and consumers. CBS News Congressional Correspondent Nicole Killian is switching scenery for us this morning and is joining us from the White House. Nicole, fact-check the context of the Reagan address used in that ad. Is it all it's made out to be, and is President Trump justified in responding in this way? Well, basically this was a speech in 1987 that President Ronald Reagan delivered. At the time, he was set to impose some limited tariffs on Japan, but he uses this address to explain that, but also overall why he thinks these types of tariff policies ultimately are not good policy, that ultimately they are trade barriers that could hurt American jobs. So it was more so to kind of explain his rationale that we're putting these limited tariffs on Japan, but this is not necessarily going to be a long-term policy, and ultimately those tariffs were lifted. President Trump, however, noted that Canada used excerpts of Ronald Reagan's address in this, and he says it was in a fraudulent way. In fact, we just heard from Secretary of State Marco Rubio not too long ago as well, who also reiterated that he believes Ronald Reagan's words were taken out of context. The Ronald Reagan Foundation for its part now says that it will review its legal options. Wow. How is the White House responding? Well, the president a short time ago just posted again on Truth Social, accusing Canada of cheating in his words, and again pointing out that he believes that this ad was fraudulent, and he believes that this is an attempt to potentially influence the Supreme Court, which is currently considering whether the president has the authority to raise tariffs. But what is interesting, Errol, is that the president and Canada's Prime Minister Carney are set to attend a summit in Asia this weekend, so this could potentially flare up there. All right. We will watch that closely. Nicole, thanks so much. Enjoy your weekend.

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Vatican City

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Portland

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Seattle–Tacoma International Airport

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Brussels

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San Francisco

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Jerusalem

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Kharkiv

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Trump ending trade talks with Canada over anti-tariff ad

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