POLITICS

Trump says a Canadian ad misstated Ronald Reagan's views on tariffs. Here are the facts and context

President Donald Trump pulled out of trade talks with Canada after condemning an Ontario government ad that uses Ronald Reagan’s 1987 radio remarks criticizing tariffs. Trump blasted the spot as fake, claiming Reagan loved tariffs, while the Reagan Foundation said the ad misrepresents the address. Reagan’s words were real but nuanced: he warned tariffs spur trade wars even as he imposed tariffs on Japanese semiconductors and motorcycles. Trump has embraced import taxes since returning to the White House in January, a strategy facing lawsuits from businesses and states as the Supreme Court prepares to hear arguments early next month.

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