Trump cancels trade negotiations with Canada over Reagan video dispute

Former President Donald Trump has canceled trade negotiations with Canada following a dispute over a video featuring Ronald Reagan. The video, which was posted by the Ronald Reagan Library, includes a November 1988 address in which Reagan discusses Canadian federal elections and U.S.-Canada trade relations.

Trump claimed that the video was shared without the library"s consent and accused it of misquoting Reagan to mock his trade policies. However, historical context reveals that Reagan had expressed concerns about tariffs in an April 1987 statement, arguing against protectionist legislation and advocating for fair and free competition. He warned that high tariffs could lead to retaliation from foreign countries, trade wars, and ultimately job losses in the U.S.

Reagan"s perspective on tariffs was shaped by his experiences during the Great Depression, which he believed was exacerbated by high tariff legislation. He emphasized the importance of avoiding protectionist measures to ensure economic prosperity for the American people.

It is noted that by the time the videos were recorded, Reagan was known to be suffering from Alzheimer"s disease, yet he was reportedly more coherent than current political figures such as Trump or President Biden.

This incident marks a significant development in U.S.-Canada trade relations, as Trump has previously made controversial statements regarding trade and foreign relations. For more on Trump"s views, see recent developments related to his comments on Mexico and Colombia.