Overview
- Mark Carney told reporters in Gyeongju that he apologized to President Donald Trump and that negotiations will resume when the United States is ready.
- The Ontario-run anti-protectionist TV spot reused a Ronald Reagan speech and was broadcast on several U.S. channels.
- Trump denounced the ad as “scandalous” and suspended bilateral trade talks with Ottawa.
- The United States imposed a new 10% surtax on certain Canadian imports that were already subject to tariffs.
- The Ronald Reagan Foundation accused the ad’s creators of distorting Reagan’s words and said it is considering legal action, while Ontario plans to pull the ad after one last airing Saturday night.