Overview
- Mark Carney confirmed in Gyeongju that he privately apologized to President Trump this week and said he takes responsibility for managing the U.S. relationship.
- Carney said he reviewed the Ontario-funded spot before airing, opposed it, and asked Premier Doug Ford not to run it, after which Ontario paused the campaign following additional broadcasts.
- Trump labeled the commercial "fake," acknowledged receiving the apology, and said trade negotiations will not restart for now after announcing an extra 10% tariff on Canadian goods.
- The Ronald Reagan Presidential Foundation publicly criticized the use of Reagan’s remarks in the ad, which drew fire in U.S. political circles.
- Carney said Canada remains ready to negotiate when Washington is ready and called his talks with Xi Jinping a "turning point" as Ottawa broadens diplomatic and trade engagements.