World News

US Terminates Trade Negotiations With Canada

US President Donald Trump said Thursday that he was terminating trade me talks with Canada, effective immediately.

Trump accused Canada of trying to interfere with an upcoming Supreme Court case about the legality of his “reciprocal” tariffs.

Trump made the announcement on Truth Social after the Canadian province of Ontario began running a television advertisement in the United States featuring a speech from former President Ronald Reagan.

“They only did this to interfere with the decision of the U.S. Supreme Court, and other courts,” Trump wrote, referring to the high court’s scheduled Nov. 5 oral arguments on legal challenges to a significant part of Trump’s tariffs. They include the country-specific rates at the heart of both his foreign policy and economic agendas.

The ad, which Ontario’s premier, Doug Ford, posted on X, begins with Reagan saying, “When someone says, ‘Let’s impose tariffs on foreign imports,’ it looks like they’re doing the patriotic thing by protecting American products and jobs, and sometimes for a short while it works, but only for a short time.”

“But over the long run, such trade barriers hurt every American worker and consumer,” he continues in the ad.

“Then the worst happens, markets shrink and collapse, businesses and industries shut down, and millions of people lose their jobs,” Reagan says in the 1987 radio address delivered from Camp David, Maryland.

It concludes with him saying: “Throughout the world, there’s a growing realization that the way to prosperity for all nations is rejecting protectionist legislation and promoting fair and free competition. America’s jobs and growth are at stake.”

https://youtube.com/@dehonourables?si=ZJwWbyQJAybS5htG

VAM News

Recent Posts

Ekiti: APC Members in Ise/Orun Reject Alleged Endorsement of Toyin Okoro

News Update Members of the All Progressives Congress in Ise/Orun Local Government Area of Ekiti…

3 hours ago

Oyebamiji Awards Scholarships up to University level to Four Children of Osogbo Rainstorm Victim

..Family prays God grant APC victory in August 15 News Update Following the heavy rainstorms…

5 hours ago

Easter: Oyebamiji Celebrates Christians, Urges Continued Peaceful Coexistence

THE Governorship Candidate of All Progressives Congress APC in the forthcoming governorship election in Osun…

14 hours ago

Easter: Fayemi Urges Nigerians to Keep Hope Alive

As Christians commemorate the resurrection of Jesus Christ, the immediate past Governor of Ekiti State…

15 hours ago

Ekiti Marks World Autism Day with Awareness Walk, Trains Personnel on Screening

‎THE Ekiti State Government on Thursday stepped up efforts to promote inclusion and early intervention…

16 hours ago

Abuja roadside birth as mentally challenged woman delivers

The Federal Capital Territory Police Command has rescued an unidentified mentally challenged woman who delivered…

2 days ago