President Donald Trump told reporters that he and Canadian Prime Minister Mark Carney still "have a very good relationship" following the Reagan tariff ad.

U.S. President Donald Trump announced on Thursday that he had terminated trade negotiations with Canada in response to an advert produced by the government of Ontario featuring historic footage of President Ronald Reagan arguing that tariffs undermine economic prosperity.

WASHINGTON, Oct 25 (Reuters) - Since February, a large, smiling portrait of Ronald Reagan has loomed over the Oval Office, watching Donald Trump each time he settles behind the Resolute Desk long used by U.S. presidents.

President Donald Trump said former President Ronald Reagan loved tariffs. But he couldn't be more wrong about that.

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A former advisor to Ronald Reagan defended Ontario's controversial commercial that quoted Reagan's warnings about tariffs.

Trump abruptly terminated “all trade negotiations” with Canada last Thursday after he bashed an ad that featured the voice of former President Ronald Reagan.

The Ronald Reagan Presidential Foundation and Institute is drawing blowback and praise for arguing that a Canadian government advertisement playing in U.S. markets misrepresented the 40th president's words to blast President Donald Trump's tariff policies.