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Filtering by entity: Government of Ontario | Clear Filter
Summary:Donald Trump states that Canada fraudulently used a $75,000,000 fake advertisement featuring Ronald Reagan speaking negatively about tariffs to interfere with U.S. court decisions. He declares that tariffs are vital for U.S. national security and economy, and, due to this behavior, all trade negotiations with Canada are terminated. The accompanying image is a statement from the Ronald Reagan Presidential Foundation and Institute, confirming that the Government of Ontario, Canada, created an ad using selective audio and video from a 1987 Reagan address, misrepresenting his remarks and without permission, and that the Foundation is reviewing legal options.
Sentiment:Decisive
Key Claims:
- Canada fraudulently used a fake advertisement featuring Ronald Reagan speaking negatively about tariffs.
- The advertisement cost $75,000,000.
- The purpose of the ad was to interfere with U.S. Supreme Court and other court decisions.
- Tariffs are very important to the national security and economy of the U.S.A.
- All trade negotiations with Canada are terminated due to their egregious behavior.
- The Ronald Reagan Presidential Foundation and Institute confirmed that the Government of Ontario, Canada, created an ad using selective audio and video from President Ronald Reagan's 1987 'Radio Address to the Nation on Free and Fair Trade' without permission, misrepresenting his remarks.
- The Ronald Reagan Presidential Foundation and Institute is reviewing its legal options.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:6/10
Potential Global Cross-Asset Impact:8/10
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