Aboard Air Force One (AP) — President donald trump said on Saturday that it plans to increase import duties on Canadian products by an additional 10% because: Anti-tariff TV ad Broadcast by Ontario.
The ad criticized U.S. tariffs using quotes from former President Ronald Reagan, infuriating President Trump, who said he would eliminate the tariffs. Trade negotiations with Canada. Ontario Premier Doug Ford said he would take down the ad after the weekend, which ran Friday night during Game 1 of the World Series.
“Their ad was supposed to be removed immediately, but they let it run last night during the World Series, knowing it was a scam,” Trump said in a post on his Truth social platform while en route to Malaysia on Air Force One.
“Due to their gross factual errors and hostile actions, I am increasing tariffs on Canada by 10% above what they currently pay.”
It was not immediately clear when the 10% increase would take effect or whether it would apply to all Canadian products.
Canada’s economy has been hit hard by President Trump’s tariffs, and Canadian Prime Minister Mark Carney Working with Trump to bring them down.. More than three-quarters of Canada’s exports go to the United States, with goods and services worth C$3.6 billion ($2.7 billion U.S.) crossing the border every day.
Many Canadian products are subject to 35% tariffs, and steel and aluminum are subject to 50% tariffs. Energy products have a lower tax rate of 10%, but other products covered by the United States-Canada-Mexico Agreement are exempt. That trade agreement is scheduled for review. Trump negotiated the deal during his first term, but his stance has since deteriorated.
Trump and Carney will attend the Association of Southeast Asian Nations Summit in Malaysia. But Trump told reporters accompanying him that he had no intention of meeting with Carney there.
Trump said the ad misrepresented the position of Mr. Reagan, a two-term president and popular Republican. but President Reagan was wary of tariffs. He then used much of his 1987 speech, published in an Ontario ad, to elaborate his anti-tariff case.
President Trump complained that the ad was intended to influence the U.S. Supreme Court. An argument is scheduled for next month. It could determine whether President Trump has the authority to impose across-the-board tariffs, a key part of his economic strategy.
