Trump plans to increase tariffs on Canada by 10%.

President Donald Trump announced a plan to increase tariffs on imports from Canada by 10%, although he did not specify when these tariffs would take effect or which goods would be impacted. This decision follows an anti-tariff ad campaign launched by the Ontario government, which featured a speech by Ronald Reagan discussing the negative effects of tariffs. In response, Trump claimed the ad aimed to disrupt an impending Supreme Court ruling on tariffs and stated that all trade negotiations with Canada were terminated. Canadian Prime Minister Mark Carney expressed willingness to continue trade discussions, while Ontario Premier Doug Ford decided to pause the ad campaign to facilitate negotiations.