Trump Announces New Tariffs on Canada Amid Reagan Ad Controversy
UPDATE: Just hours after President Donald Trump announced an additional 10% tariff on Canadian goods, Ontario’s controversial advertisement featuring the late President Ronald Reagan aired again during the World Series. The ad, which criticizes tariff policies, is set to be pulled from US airwaves on October 27, 2023, following its broadcast during pivotal World Series games.
The ad aired during the second game of the World Series between the Toronto Blue Jays and the Los Angeles Dodgers, intensifying tensions in US-Canada trade relations. Earlier on Saturday, Trump declared his plan to impose more tariffs on Canada, a move that adds to the already strained trade dynamics between the two countries.
The advertisement was released by Ontario’s Premier Doug Ford and has already drawn significant backlash from the White House. Trump expressed his frustration on Truth Social, stating he would terminate all trade negotiations with Canada, marking a significant escalation in the ongoing trade saga.
The timing of the ad’s reappearance is no coincidence. Following a 25% tariff Trump placed earlier this year on various imports from Canada, tensions have been palpable. After a series of retaliatory tariffs from Canada, Trump upped the ante in August, implementing a 35% tariff on goods not covered by the USMCA agreement and a staggering 50% tariff on steel and aluminum imports.
According to experts, the ongoing trade disputes are pushing Canada to explore broader international markets. Srividya Jandhyala, an associate professor at ESSEC Business School, noted that Canada is aiming to double its non-US exports over the next decade, focusing on diversifying its trading relationships with countries like India and China.
As the World Series unfolds, the implications of these tariffs could resonate far beyond just baseball. The first two games saw the Blue Jays winning 11-4 in Game 1, while the Dodgers responded with a 5-1 victory in Game 2, highlighting a fierce competition on the field while trade tensions bubble over off it.
The Canadian government is now faced with the challenge of finding new markets amidst escalating tariffs. As the situation develops, all eyes will remain on how these trade policies will affect both nations’ economies and international relations.
With the ad set to air once more on October 27, viewers are reminded of the ongoing battle that’s not just about baseball, but about the future of trade between neighbors. Stay tuned as we bring you the latest developments in this urgent trade conflict.
